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Biotech / Medical : MCIF Reports 1Q99 Results

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To: Steve Savary who wrote ()6/8/2000 2:53:00 PM
From: Brad   of 16
 
* * * MCIF News * * * :-)))

biz.yahoo.com

Thursday June 8, 1:55 pm Eastern Time

Company Press Release

MC Informatics Listed Among Top 10 Revenue Gainers in
Healthcare Informatics Magazine

DENVER--(BW HealthWire)--June 8, 2000--MC Informatics, Inc. (OTCBB:MCIF - news), an application service provider (ASP) for the healthcare industry, was ranked number 8 in Healthcare Informatics' Top 10 Revenue Gainers.

The June 2000 issue marks the seventh annual Healthcare Informatics 100, which evaluates leading information technology (IT) companies serving the healthcare market. MC Informatics increased its healthcare IT revenue 138.30 percent from fiscal year 1998 to fiscal year 1999. MC Informatics' healthcare IT revenues for fiscal year 1998 and fiscal year 1999 were $3,716,585 and $8,570,347
respectively.

"Our revenue growth over the last three years has been on target and focused," said Bill W. Childs, MC Informatics' chairman and chief executive officer. "We believe the healthcare IT market has a great deal of need and we believe we are positioned to take full advantage. MC Informatics is, and will continue to be, in a leadership position to improve healthcare delivery, our most important
asset in life."

Childs was also the founder of Healthcare Informatics and Health Management Technology magazines. He was recently interviewed for Health Management Technology's 20th anniversary issue, where he was bullish on the future of healthcare IT.

MC Informatics, based in Irvine, Calif., is a leading provider of Web-based application services for the healthcare industry and serves a national client base with hospital, clinical, managed care and physician IT solutions. The company's focus is to help healthcare
organizations maximize the benefits of their information systems and enable technology to serve their strategic objectives. As an ASP, MC Informatics provides complete operational support for all IT functions: Internet services, including ISP, e-mail, Web hosting, Web publishing, and business-to-business and business-to-consumer connectivity; distance learning programs; help desk; network services; desktop services; secure HIPAA-compliant Internet access to application servers; EMR support; and other IT services as required by each healthcare organization. For more information on the company, please visit www.mcinformatics.com.

This release contains forward-looking statements that are subject to risks and uncertainties, including, but not limited to, inherent risks of maintaining contracts. In addition, the company is subject to risks associated with competitive products and pricing, product demand and market acceptance, new product development, reliance on key alliances, fluctuations in operating results and other
risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.

Contact:

MC Informatics, Inc., Denver
Mr. Bill W. Childs, 303/759-5511
bchilds@mcinformatics.com
or
Mr. Donald Jacobs, C.P.A., 303/759-5511
djacobs@mcinformatics.com
or
www.mcinformatics.com
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