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To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:23:00 PM
From: Emec	Respond to of 18998

And NEON at $90 (pre-split) was fundementally the same company it was 6 months before. I will let Brad whitt from Morgan Keegan explain it to you. His 2 page update came out yesterday. His full report was out in December with a 12 month target of $6. Yesterday he revised it to a 9-12 month target of $15-$20 New IBM partnership-under the agreement, both companies will jointly market HIE's message broker to 3 specific industries. This is not an exclusive arrangement but is similar to the relationship IBM has with NEON for the banking sector. This follows the HBOC agreement which secured HIE's leadership position in healthcare. We view the IBM partnership announcement as very positive for several reasons * It will provide provide a valuable recenue stream for the company in 1999 and beyond * It endorses HIE's enterprise application integration solutions and strategies * It gives the company access to an extensive IBM customer base * It proves HIE is an emerging leadr in the fast growing MOM market * It also prove that HIE's technology is transferable across virtually any industry. Arthur Anderson-This agreement gives HIE another avenue to distribute its products and will likely generate revenue beginning in Q2:98 ISG Sale- will improve the company's balance sheet by ading cash and reducing accounts receivable. We applaud the transaction for both parties. Although we are not raising our EPS forecast for 1999 at this time, we believe our targets are conservative and that the IBM partnership elevates the value of HIE. It is dificult to project when a distribution agreement will contribute to the top and bottom line and to what degree. We believe this agreement will eventually make significant contributions to HIE's growth but prefer to remain conservastive until the partnership materializes. HIE should start receiving IBM related orders in the second quarter of 1999. Distribution is king in the software business and the opportunity to partner with one of the world's largest computer companies significantly enhances the value of HIE in our view. Profitable Business Model-HIE's distribbution model provides significant operational leverage. Once a distribution arrangement starts to materilaize, it requires minimal incremental resources to generate revenue. Thus, small incremental sales from distributors can have a material impact on HIE's bottom line Value and Recommendation-Due to the emerging opportunitie4s for middleware companies and the inherent leverage in the softwar business model, several comparable companies are receiving tremendous valuations (80-100x 1999 First Call EPS estimates). We believe HIE will show some balance sheet improvements when it announces Q4-98 results on january 27th. Although HIE"s shares have apreciated 90% in 1999, the shares still trade at a discount to its peers. As HIE continues to meet our earnings estimates and improve its balance sheet we anticipate some P/E multiple expansion. We also believe there is attractive upside with the current multiple as we project EPS to grow 90% in 1999. We reitterate our Outperform-Specualtive rating and raise our 9-12 month price target to $15-$20 per share

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:26:00 PM
From: Emec	Respond to of 18998

Undistinguised software company? Tuesday January 19, 8:13 am Eastern Time Company Press Release SOURCE: Healthdyne Information Enterprises, Inc. HIE Teams With IBM for Middleware Messaging Solution Co-Marketing MARIETTA, Ga., Jan. 19 /PRNewswire/ -- Healthdyne Information Enterprises, Inc. (Nasdaq: HDIE - news), a leading provider of enterprise application integration software tools and services, today announced a co-marketing agreement with IBM (NYSE: IBM - news) that combines the advanced functionality of the HIE Message Broker with IBM's robust messaging and queuing solution, MQSeries*. Under the terms of the agreement, HIE will market and sell MQSeries with the HIE Message Broker as IBM's recommended middleware messaging solution specifically targeted to the Utilities, Transportation and Government industries. The offering, known as HIE Message Broker, is available now in two separate configurations using either Cloverleaf or OM3 as the message broker. Also under this agreement, IBM will provide co-marketing funds to support the marketing and sales of the HIE Message Broker. MQSeries provides a stable inter-application layer for communications across a network. The addition of HIE's Cloverleaf enterprise integration toolset or OM3's object-oriented component architecture provides MQSeries users with additional integration features, such as publish and subscribe, advanced message transformation, CORBA business objects integration, and content-based routing services. HIE Message Broker creates an event and content-based transaction routing system that enables companies to add, replace or extend enterprise applications and standard message models regardless of databases and network infrastructure. ''HIE is demonstrating a continued commitment to helping enterprises broaden the scope and functionality of their messaging applications,'' said William Reedy, vice president of marketing, IBM Application and Integration Middleware. ''These offerings extend the benefits of MQSeries to organizations in the utilities, government and travel and transportation industries as the basis for automated enterprise application integration.'' ''The efficiencies provided in MQ-facilitated file exchange can provide tremendous advantages to industries like utilities, transportation, and government because they typically have established, mature IT infrastructures,'' said Steve Solazzo, vice president, Solution Developers and Small/Growing Businesses, IBM Software Group. ''The potent combination of IBM and HIE products will enhance both companies' continued market leadership and success.'' HIE Message Broker is currently available on most popular enterprise-ready platforms including IBM, Windows 32 bit operating systems, UNIX, Data General, Sun Solaris, Hewlett-Packard UX and Digital Equipment Corporation. ''HIE's two message brokers, Cloverleaf and OM3, are both a very close fit with MQSeries's robust, guaranteed, asynchronous messaging,'' said Robert Murrie, president and chief executive officer of HIE. ''The MQSeries initiative introduces users in three new markets to an empowering messaging solution for enterprise application integration.'' About HIE HIE helps enterprises rapidly integrate their existing and new applications, using the Company's market leading software tools and strategic and tactical integration services. The Company's tools are used in more than 1,200 sites worldwide, including those in the healthcare, financial services and banking industries. HIE is headquartered in Marietta, Georgia, with offices in Dallas, Columbus, New York, London, England and Essen, Germany. For more information visit HIE's Web site at hie.com. This press release includes forward-looking statements in addition to historical information. The words ''expect,'' ''anticipate,'' ''intend,'' ''plan,'' ''believe,'' ''seek,'' ''estimate'' and similar expressions are intended to identify such forward-looking statements; however, this press release also contains other forward-looking statements in addition to historical information. The Company cautions that there are various important factors that could cause actual results to differ materially from those indicated in the forward-looking statements; accordingly, there can be no assurance that such indicated results will be realized. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, the mix of software and service revenue, the mix of direct and indirect sales, sales timing, changes in pricing policies, undetected errors or bugs in the software, delays in the product development, lower-than-expected demand for the Company's software tools or services, business conditions in the healthcare and other complementary markets, the Company's ability to modify its software for use in non-healthcare industries, risks associated with possible acquisitions, general economic conditions and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 1997 and its Registration Statement on Form S-3 (Registration No. 333-55703). By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company's disclosure obligations in filings it makes with the Securities and Exchange Commission under the Federal securities laws. ''HIE,'' ''Cloverleaf'' and ''OM3'' are registered trademarks of Healthdyne Information Enterprises, Inc. Indicates a trademark of International Business Machines Corporation Indicates a trademark of Microsoft Corporation + All other products mentioned may be trademarks of their respective manufacturers. SOURCE: Healthdyne Information Enterprises, Inc.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:28:00 PM
From: Emec	Respond to of 18998

Undistinguished software company? Thursday January 14, 9:26 am Eastern Time Company Press Release SOURCE: Healthdyne Information Enterprises, Inc. HIE and Arthur Andersen Form Business Alliance to Deliver Middleware Messaging Solutions - Arthur Andersen Becomes an HIE Preferred Provider and Opens a European Service Center for Cloverleaf(R) and EMerge(TM) - MARIETTA, Ga., Jan. 14 /PRNewswire/ -- Healthdyne Information Enterprises, Inc. (Nasdaq: HDIE - news), a leading enterprise application integration software tools and services provider, and Arthur Andersen, a global, multidisciplinary professional services organization, today announced a strategic technology and business alliance. Under the terms of the agreement, Arthur Andersen will work with HIE to provide Cloverleaf and EMerge implementation and related services including project management, system integration and customized business solutions. As a Preferred Provider, Arthur Andersen's business consulting practice is actively engaged with HIE across the healthcare, banking and finance, government and manufacturing markets. The Arthur Andersen European practice is comprised of consulting and technical professionals working on a number of large integration projects. Tonny Gypen, an Arthur Andersen Partner responsible for Healthcare Consulting in Europe said, ''We are impressed by HIE's message broker and are excited about the opportunity to work with such a high-quality, functionally rich product. This relationship allows us to target our existing healthcare clients with a master person indexer and provide a proven message broker solution to our customers across several industries.'' ''This alliance leverages HIE's technology and combines it with Arthur Anderson's Global Best Practices, providing clients with innovative solutions dedicated to delivering quantifiable results - truly a win-win for all parties involved,'' said Robert Murrie, HIE president and CEO. ''Arthur Andersen's depth of experience in healthcare, banking and finance, manufacturing and government segments add significant value to HIE's middleware messaging solutions and extends our service capabilities throughout Europe.'' As part of the agreement, Arthur Andersen will have two technical employees trained by HIE, and dedicate them to the Cloverleaf family of products. Arthur Andersen's service center, located in Brussels, will provide both Arthur Anderson and HIE customers a unique alternative to consulting and service. Cloverleaf provides GUI-driven application integration to legacy systems and databases. The Cloverleaf message broker resolves compatibility issues and transports, exchanges, routes and translates messages, records and transactions between disparate applications. EMerge is an enterprise master person indexing system that tracks individuals across multiple disparate systems while minimizing duplicate records. About Arthur Anderson Arthur Andersen is a global multidisciplinary professional services firm that helps its clients improve their business performance through assurance and business advisory services, business consulting, economic and financial consulting, and tax and business advisory services. Its professionals combine extensive technical competence and industry experience with innovative and progressive thought to assist clients in improving business performance. Arthur Andersen is a business unit of Andersen Worldwide, the world's largest professional services provider, with more than 123,000 personnel in 79 countries. Its global practice is conducted by member firms in 384 locations. About HIE HIE helps enterprises rapidly integrate their existing and new applications, using the Company's market leading software tools and strategic and tactical integration services. The Company's tools are used in more than 1,200 sites worldwide, including those in the healthcare, financial services and banking industries. HIE is headquartered in Marietta, Georgia, with offices in Dallas, Columbus, New York, London, England and Essen, Germany. For more information visit HIE's web site at hie.com. This press release includes forward-looking statements in addition to historical information. The words ''expect,'' ''anticipate,'' ''intend,'' ''plan,'' ''believe,'' ''seek,'' ''estimate'' and similar expressions are intended to identify such forward-looking statements; however, this press release also contains other forward-looking statements in addition to historical information. The Company cautions that there are various important factors that could cause actual results to differ materially from those indicated in the forward-looking statements; accordingly, there can be no assurance that such indicated results will be realized. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, the mix of software and service revenue, the mix of direct and indirect sales, sales timing, changes in pricing policies, undetected errors or bugs in the software, delays in the product development, lower-than-expected demand for the Company's software tools or services, business conditions in the healthcare and other complementary markets, the Company's ability to modify its software for use in non-healthcare industries, risks associated with possible acquisitions, general economic conditions and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 1997 and its Registration Statement on Form S-3 (Registration No. 333-55703). By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company's disclosure obligations in filings it makes with the Securities and Exchange Commission under the Federal securities laws. ''HIE'' ''Cloverleaf'' and ''EMerge'' are registered trademarks of Healthdyne Information Enterprises, Inc. SOURCE: Healthdyne Information Enterprises, Inc.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:30:00 PM
From: Emec	Respond to of 18998

Undistinguihed software company? Thursday January 7, 7:25 am Eastern Time Company Press Release SOURCE: Healthdyne Information Enterprises, Inc. HIE Earns SWIFTReady Gold Label for Cloverleaf Finance - Highest designation recognizes compliance with S.W.I.F.T. banking standards and services for straight through processing (STP) guidelines - MARIETTA, Ga., Jan. 7 /PRNewswire/ -- Healthdyne Information Enterprises, Inc. (Nasdaq: HDIE - news), a leading enterprise application integration software tools and services provider, announced that its finance and banking message broker, Cloverleaf finance, has been awarded the SWIFTReady Gold label by the Society for Worldwide Interbank Financial Telecommunication (S.W.I.F.T.). The Gold label, the highest accreditation given, demonstrates that Cloverleaf finance is fully compliant with S.W.I.F.T. standards, services and applications in the management and straight-through-processing of financial transactions. Late last month, Cloverleaf finance was also chosen by S.W.I.F.T. to participate in its newly created Securities Reformatter Program (SRP), a separate initiative focusing on S.W.I.F.T.-compliant business solutions for the securities market. S.W.I.F.T. is a bank-owned cooperative supplying secure messaging services and interface software to over 6,200 financial institutions in 177 countries. The S.W.I.F.T. labeling program is based on tightly defined set of detailed criteria. According to the rigorous evaluation, Cloverleaf finance successfully met all criteria in the middleware category. ''We are impressed with the quality and reliability of Cloverleaf finance for messaging services and application integration for financial institutions,'' said Brendon Dibella, S.W.I.F.T. regional manager, partner solutions. ''The SWIFTReady Gold label reflects Cloverleaf finance's specific ability to support and integrate S.W.I.F.T. related transactions and services.'' ''After leading in application integration in healthcare for many years, HIE entered the banking and finance market in 1998,'' said Robert Murrie, president and chief executive officer, HIE. ''We have been successful in winning contracts with several large banking and securities institutions including Bank Handlowy w Warszawie S.A. in Poland and WestLB Panmure in the United Kingdom, who rely on Cloverleaf finance for mission critical financial transactions. We are pleased to be recognized by S.W.I.F.T. as a Gold Label middleware applications provider.'' Cloverleaf finance is HIE's advanced message transformation and transportation message broker specifically designed for the securities industry and international banks. With Cloverleaf finance, S.W.I.F.T., ISITC, and other standard message models are intelligently translated, formatted and reformatted based on content, and transferred between in-house and external applications allowing for message flow control and routing. About S.W.I.F.T. S.W.I.F.T. supplies secure messaging, interface software and 24-hour global support to over 6,200 financial institutions in 177 countries. In 1998, S.W.I.F.T.'s global network carried over 900 million messages. The average daily value of payments messages on the S.W.I.F.T. network is estimated to be above USD 3 trillion. About HIE HIE helps enterprises rapidly integrate their existing and new applications, using the Company's market leading software tools and strategic and tactical integration services. The Company's tools are used in more than 1,000 worldwide sites, including those in the financial services and banking industry. HIE is headquartered in Marietta, Georgia, with offices in Dallas, Columbus, New York, Nashville, London, England and Essen, Germany. For more information visit HIE's web site at hie.com. Except for the historical information contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties which could cause actual results to differ materially from those indicated in such forward-looking statements. By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company's disclosure obligations in filings it makes with the Securities and Exchange Commission under the Federal securities laws. ''HIE'' and ''Cloverleaf finance'' are registered trademarks of Healthdyne Information Enterprises, Inc. SOURCE: Healthdyne Information Enterprises, Inc.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:33:00 PM
From: Emec	Respond to of 18998

Undistinguished software company? Tuesday November 10, 7:52 am Eastern Time Company Press Release SOURCE: Healthdyne Information Enterprises, Inc. Healthdyne Information Enterprises, Inc. Announces Strategic Partnership With Per-Se Technologies MARIETTA, Ga., Nov. 10 /PRNewswire/ -- Healthdyne Information Enterprises, Inc. (Nasdaq: HDIE - news) today announced an agreement with Per-Se Technologies, a unit of Medaphis Corporation (Nasdaq: MEDA - news), to offer HIE's Cloverleaf(R) message broker as an integrated part of Per-Se's healthcare software products. Per-Se Technologies is a leading provider of software and technology services used by 2,100 healthcare organizations worldwide. Cloverleaf will enable Per-Se customers to integrate Per-Se's healthcare solutions with other information applications. Elizabeth West, vice president of product management for business systems of Per-Se Technologies, commented, ''We selected HIE to provide an HL-7-compliant integration solution, based on its well-deserved reputation for offering superior interface engine technology and outstanding customer service. We are pleased to have this state-of-the-art technology that allows us to integrate with other applications.'' Without an interface engine, West noted, healthcare organizations have had to use ''point-to-point'' interfaces between systems to share data. This is a time-consuming and costly approach because a separate interface must be customized and maintained for each system-to-system link. Robert Murrie, president and chief executive officer of HIE, said, ''The healthcare market is in need of multi-system integration. We are looking forward to providing an efficient solution to Per-Se, which will save the company and its customers time and resources. The Per-Se relationship is another example of how HIE continues to provide technology vendors and their customers with a robust middleware solution.'' About Per-Se Technologies Per-Se Technologies provides Delivery Chain Management (DCM) solutions that help healthcare organizations meet the individual needs of its customers. Per-Se solutions are used by 2,100 healthcare organizations worldwide. Per-Se Technologies is a unit of Medaphis Corporation (Nasdaq: MEDA - news). It was formed in 1997 by combining the operations of Medaphis subsidiaries Atwork, Consort and Health Data Sciences. Per-Se Technologies is currently ranked #9 overall in the Healthcare Informatics 1998 Top 100 listing of healthcare IS industry leaders. Per-Se product and service information is located on the World Wide Web at per-se.com. About HIE HIE helps enterprises rapidly integrate their existing and new applications, using the Company's market leading software tools and strategic and tactical integration services. The Company's tools are used in more than 1,000 worldwide sites, including those in the financial services and banking industry. HIE is headquartered in Marietta, Georgia, with offices in Dallas, Columbus, New York, Nashville, London, England and Essen, Germany. For more information visit HIE's web site at hie.com. Except for the historical information contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties which could cause actual results to differ materially from those indicated in such forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are competitive pressures, the mix of software and service revenue, the mix of direct and indirect sales, sales timing, changes in pricing policies, undetected errors or bugs in the software, delays in product development, lower-than-expected demand for the Company's software tools or services, business conditions in the healthcare and other complementary markets, the Company's ability to modify its software for use in non-healthcare industries, risks associated with possible acquisitions, general economic conditions and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 1997. By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company's disclosure obligations in filings it makes with the Securities and Exchange Commission under the Federal securities laws. ''HIE,'' is a registered trademarks of Healthdyne Information Enterprises, Inc. SOURCE: Healthdyne Information Enterprises, Inc.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:38:00 PM
From: Emec	Respond to of 18998

Undistinguished software company? HIE and DST Launch Joint Sales and Marketing Relationship HIE Middleware ENABLES Isitc translations Marietta, GA, October 1, 1998 -- Healthdyne Information Enterprises, Inc. (NASDAQ: HDIE), a leading application integration software tools and services provider, and DST Systems, Inc. (NYSE: DST), a worldwide leader in information processing services for financial organizations with 1997 revenues of $650 million, today announced a strategic marketing agreement to enable ISITC (Industry Standardization for Institutional Trade Communications) message translation for DST customers. The ISITC is a global working committee of securities operations professionals representing custodian banks, investment managers, brokers and vendors with a mission to foster alliances and advocate standards that promote straight through processing (STP) of securities transactions. Cloverleaf finance 3.5, the latest version of HIE's fully-featured message broker for environments requiring S.W.I.F.T. messaging capabilities, will be integrated with DST's Portfolio Accounting System (PAS). PAS is used to automate mutual fund accounting and investment management recordkeeping processes for more than 2,000 portfolios. The Cloverleaf finance integration will automatically translate ISITC information sent by PAS users directly to DST's proprietary system for security trade and settlement information. "Cloverleaf is a great benefit to our clients because they can now send us transmissions in a variety of formats, and we can translate the data into the needed format," said Jim Dobbie, DST operations officer. In a related agreement, Cloverleaf finance is being integrated with DST 's Automated Work Distributor™ (AWD), a family of work management and customer service support system products that operates more than 37,000 workstations worldwide. DST International, the United Kingdom affiliate of DST Systems, is also packaging and marketing three applications with Cloverleaf finance: HiPortfolio/2, investment management software; OpenMessenger, a message generation product; and AWD. "Cloverleaf finance's graphical user interface (GUI) front-end is very user friendly," said Cheryl Miller, a systems manager for DST. "Cloverleaf significantly reduced the time it took to code the interface for support of the ISITC standard." According to Miller, who is currently working on the first joint installation for the Fund Accounting division of an investment bank, Cloverleaf finance is receiving information from a combination of proprietary and third-party middleware sources which are being used to accept and translate inbound messages passed between the bank's system and PAS. "HIE support and understanding of our needs has been excellent throughout this installation," Miller said. Cloverleaf finance provides GUI-driven application integration to legacy systems and databases. The Cloverleaf finance message broker resolves compatibility issues and transports, exchanges, routes and translates messages, records and transactions between disparate applications. About S.W.I.F.T. S.W.I.F.T. supplies secure messaging, interface software and 24-hour global support to over 6,000 financial institutions in 175 countries. In 1997, S.W.I.F.T.'s global network carried over 800 million messages. The average daily value of payments messages on the S.W.I.F.T. network is estimated to be above USD 2 trillion. About HIE HIE helps enterprises rapidly integrate their existing and new applications, using the Company's market leading software tools and strategic and tactical integration services. The Company's tools are used in more than 1000 worldwide sites, including those in the financial services and banking industry. HIE is headquartered in Marietta, Georgia, with offices in Dallas, Columbus, New York, Nashville, London, England and Essen, Germany. Except for the historical information contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties which could cause actual results to differ materially from those indicated in such forward-looking statements. By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company's disclosure obligations in filings it makes with the Securities and Exchange Commission under the Federal securities laws. "HIE" and "Cloverleaf finance" are registered trademarks of Healthdyne Information Enterprises, Inc. DST" and "AWD" are registered trademarks and "PAS," "HiPortfolio/2" and "OpenMessenger" are trademarks of DST Systems, Inc.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:40:00 PM
From: Emec	Respond to of 18998

Undistinguished software company? HIE Enters Collections Market with MARC Deal Marietta, GA, September 21, 1998 – Healthdyne Information Enterprises, Inc. (NASDAQ: HDIE), a leading provider of application integration software tools and services, today announced entry into the collections industry with the signing of a Cloverleaf interface engine contract with Management and Recovery Consultants Inc., (MARC) an accounts receivable management company based in Charlotte, North Carolina. "The collection industry's need for integration is particularly compelling," said Dan Guidice, vice president of business development for HIE. "Collection agencies don't get paid until they collect on an account, and access to account information is not possible until an interface between the collections agency and the client is up and running." MARC is using Cloverleaf to integrate its computer systems directly to some of its 312 worldwide customers for real-time exchange of active receivables data. According to Guidice, a point-to-point interface traditionally takes between 90 to 120 days to develop. Using Cloverleaf, MARC will be able to shorten the coding time necessary to write customer interfaces to approximately seven to forty-five days. MARC also gains interface management functions such as monitoring and control by implementing Cloverleaf. "People and technology drive competition today, and at MARC, we want to make sure that we have the best of both," said Cindy Garner, MARC president. Cloverleaf, HIE's message broker, provides GUI-driven application integration to legacy systems and databases. The Cloverleaf message broker resolves compatibility issues and transports, exchanges, routes and translates messages, records and transactions between disparate applications. According to the American Collectors Association, more than $122 billion in debt was placed with the association's 3,500 members in 1996. The industry will grow by more than 65 percent by the year 2005. Healthcare collections made up about $14 billion of these debts. Eighty-eight percent of hospital chief financial officers have indicated a serious interest in outsourcing bad debt recovery to collection agencies. About MARC, Inc. MARC offers a full range of services in the areas of debt collection and account management to help clients effectively liquidate and process accounts receivables. It is one of the largest full service accounts receivable companies in the Southeast. About HIE HIE helps enterprises rapidly integrate their existing and new applications, using the Company's market leading software tools and strategic and tactical integration services. The Company's tools are used in more than 1000 organizations, worldwide, including those in the financial services and banking industries. HIE is headquartered in Marietta, Georgia, with offices in Dallas, Columbus, Nashville, London, England and Essen, Germany. "HIE" and "Cloverleaf" are registered trademarks of Healthdyne Information Enterprises, Inc. Except for the historical information contained herein, this press release contains forward-looking statements that involve a number of risks and uncertainties which could cause actual results to differ materially from those indicated in such forward-looking statements. By making these forward-looking statements, the Company does not undertake to update them in any manner except as may be required by the Company's disclosure obligations in filings it makes with the Securities and Exchange Commission under the Federal securities laws.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 10:43:00 PM
From: Emec	Read Replies (1) \| Respond to of 18998

Undistinguished software company????????????????????? HBOC Chooses HIE as Integration Partner ATLANTA, Sept. 15, 1998 — HBO & Company (Nasdaq:HBOC) today announced that it has signed a multiyear strategic distribution agreement to market Healthdyne Information Enterprises' (Nasdaq:HDIE) message broker tool. Under the agreement, HBOC will market the HIE interface engine under the name Pathways Interface Manager. The agreement underlines HBOC's ongoing commitment to application integration, said Albert J. Bergonzi, HBOC president and co-chief operating officer. "We share our customers' continuing focus on application integration," said Bergonzi. "In HIE, we've chosen a partner with a strong position in the industry, an outstanding reputation for customer service, and technology innovation that matches our own." The HIE message broker will be the go-forward engine for Pathways Interface Manager. HBOC will continue to support and upgrade its existing interface engine customers, which will have the option to continue with their current interface engine or to migrate to the HIE engine. "The partnership will keep HIE abreast of HBOC's ongoing interface requirements and new product developments that influence customers' integration needs," said Robert Murrie, HIE president and chief executive officer. "The goal is to offer seamless support for the significant integration needs felt by today's complex healthcare organization." HIE will offer HBOC customers a full range of related services, including training, technical support, implementation and integration consulting. In addition, the two companies will cooperate on interoperability strategies to maximize customer value, and HIE will work closely with HBOC to create standard integration for HBOC products acquired in the future. HIE's message broker tool offers healthcare organizations significant competitive advantages, including better journaling capabilities for easier message state recovery, superior monitoring capabilities and more active alerting mechanisms. It also provides integrated data communications with a spectrum of protocols that are delivered in a seamless, layered architecture. The architecture offers integrated store-and-forward, batch and online operations with open systems and heterogeneous networking capabilities. The message broker is available on all platforms required by HBOC applications, including: Data General 4.11 and 4.2; IBM AIX 4.1.5 and 4.2.1; Sun Solaris 2.5.1 and 2.6; Hewlett-Packard UX 10.20; Digital Equipment Corporation UNIX 4.0c; and Intel Pentium® family Pro Windows NT® Server 4.0. HIE helps enterprises rapidly integrate their existing and new applications using the company's market leading software tools and strategic and tactical integration services. More than 1,000 customers around the world use the company's tools. HIE is headquartered in Marietta, Ga., with offices in Dallas, Columbus, Nashville, London, England, and Essen, Germany. For more information visit HIE's Web site at hie.com. HBOC delivers enterprisewide patient care, clinical, financial and strategic management software solutions, as well as networking technologies, electronic commerce, outsourcing and other services to healthcare organizations throughout the world. For product information, call 1-800-981-8601 or visit HBOC's home page at hboc.com.

To: Kevin Podsiadlik who wrote (6304)	1/21/1999 11:06:00 PM
From: topgun_06903	Respond to of 18998

That's right fundamentally undervalued Sparky! Let's say the company does .40 in 99' and .90 for 2000 with a High Tech PE of 40X-60X with huge momentum in the hottest area of high tech with a market cap of 5B in 2 years so says Gartner group?? Do the math. Last 2 weeks a few institutions have done the math! Morgan Keegan very CONSERVATIVE firm gave it a $20 by the end of the year. Hey believe what you want, I have it @3 and will have it @33 1/1/2000 TG PS MOKE had it last year for .19 for 1999 because it didn't know what was comin down. They know NOW.