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Technology Stocks : Medtech Inc (MDTK) -- Ignore unavailable to you. Want to Upgrade?

To: bob sims who wrote (5)	2/24/1999 6:22:00 PM
From: Kevin G. O'Neill	Read Replies (1) \| Respond to of 66

MedTech Inc. Changes Name to e-MedSoft.com Wednesday February 24, 3:00 am Eastern Time Company Press Release MedTech Inc. Changes Name to e-MedSoft.com LOS ANGELES--(BUSINESS WIRE)--Feb. 24, 1999--e-MedSoft.com (OTC:MDTK - news), formally known as MedTech Inc., Wednesday announced that the company will officially be operating under the new e-MedSoft.com corporate name. The company will continue to trade on the NASD over-the-counter exchange under the trading symbol, MDTK. John Andrews, president and CEO of e-MedSoft.com said, ''In changing our name, we wanted to find a name more descriptive of our core products and services. E-MedSoft.com incorporates 'e' representing our presence in electronic commerce, 'MedSoft' representing our comprehensive medical software, and '.com' representing our strong commitment to providing Internet-based solutions to the medical community. We think our new name tells customers and investors a whole lot more about our company's focus and direction.'' About e-MedSoft.com The Java technology-based solution, called e-MedSoft.com, was developed by HealthMed Inc. and Sanga International Inc. and is the first subscription-based healthcare management system available for delivery through the Internet. e-MedSoft.com is referred to as ''subscription-based'' because users access the software for a small fee and a per-transaction charge. Previously, healthcare organizations would pay an upfront fee to license software, then pay ongoing maintenance fees for upgrades and service, with ongoing investments in hardware and software for more features and greater capacity. The medical software is a complete healthcare management system. Through the Internet, its Java-based integrator allows the MedTech software to communicate across diverse platforms and languages in unlimited capacity, allowing for the interlink of doctors, hospitals, clinics, HMOs, insurance companies, financiers and government agencies. The ease and low cost with which it can be implemented, its Internet connectivity, and its ability to allow for the exchange of information across