To: Katie Kommando who wrote (38581 ) 3/22/2000 10:28:00 AM From: CIMA Respond to of 150070
EMED - Wednesday March 22, 9:07 am Eastern Time Company Press Release MedCom USA Appoints New Independent Sales Organization for the MedCard System Medical Management Technologies Group LTD. Places Opening Order of 250 Terminals IRVINE, Calif.--(BW HealthWire)--March 22, 2000--MedCom USA, Inc. (Nasdaq:EMED - news) today announced that its MedCard Division has entered into a agreement with Medical Management Technologies Group LTD/DBA Physicians Management Group (PMG) to market the Company's MedCard System©. PMG, which is headquartered in Mandeville LA, is a healthcare independent sales organization (ISO) with over 200 sales and administrative people who will service medical providers primarily in the Southern States. PMG has placed an opening order of 250 terminals to be used for demonstrations and sales. The first 68 terminals have been delivered and the balance is scheduled to be shipped within the next two weeks. Mr. B. J. Perrett, President of PMG, stated, ``Our sales organization consists of over 200 dedicated people, most of whom already have experience in the medical industry. The MedCard System is a practical, easy to use tool, which will help the medical office speed up collection of their outstanding receivables, save overhead costs and offer payment options for the patient portion of the medical bills. The MedCard System has applications that can be utilized by the single medical practitioner or by large clinics and hospitals. This gives our sales force a very large target market in the healthcare industry.' ``Adding PMG to the MedCard distribution channel will enhance our ability to meet the increasing demand for the MedCard System. By placing such a large initial order, PMG has committed themselves to making the program a success,' stated Mr. Mark E. Bennett President and CEO of MedCom USA, Inc. MedCom USA, Inc. provides innovative solutions for electronically processing transactions within the healthcare industry. The Company's healthcare business units include: MedCard, a service package for physicians, clinics and hospitals that offers on-line medical eligibility, 100% paperless claims processing, credit and debit card processing and patient easy pay; JustMed.com, a pure play Internet healthcare Web site; and Med Store, an e-commerce site for selling home medical equipment (HME) products. MedCom's Corporate web address: www.medcom.net: JustMed.com's web address: www.justmed.com: MedCard's web address: www.medcard.com This release contains forward-looking statements that are subject to risks and uncertainties, including but not limited to, the impact of competitive products and pricing, product demand and market acceptance, reliance on key strategic 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: For MedCom Investor Relations -- Fegen and Associates Nick Fegen, 515/223-6296 Kent Barghols, 515/331-2636 or Physicians Management Group Bill Perrett, 505/674-0962