Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : SIMS Communications,Inc. (SISCD) -- Ignore unavailable to you. Want to Upgrade?

To: James E Lynch who wrote (32)	3/9/1999 7:54:00 AM
From: James E Lynch	Read Replies (1) \| Respond to of 40

(BSNS WIRE) SIMS Recruits 16 Independent Sales Organizations to Sell Med SIMS Recruits 16 Independent Sales Organizations to Sell MedCard System Business Editors IRVINE, Ca.--(BUSINESS WIRE)--March 9, 1999--SIMS Communications, Inc. (NASDAQ: SIMSC) announced today that since January 1ST, its MedCard Division has recruited and trained 16 Independent Sales Organizations (ISOs) to sell its MedCard System The MedCard System(TM) is a technologically advanced program for medical benefits verification data retrieval and insurance claims billing system, It the only system that processes 100% of third-party insurance billings electronically. "We are pleased that the National Healthcare Buying Alliance (NHBA) has been appointed a MedCard ISO," stated Richard Stevens, NHBA's President in Beaverton, Oregon. "Four years in development and with an elegant, easy to use design, it is a superior system. In my eight years selling to the healthcare industry, I've seen nothing else like it. MedCard clients typically receive payment from medical insurance companies in weeks instead of months and reduce their billing and overhead expenses by as much as 75%. An additional benefit is that it automatically provides the information needed for meeting State and Federal reporting requirements." "Our sales response to the SIMS MedCard System has been very strong," stated Mark E. Bennett, SIMS President and Chief Executive Officer. "We have recruited top quality ISOs who focus on selling to the healthcare industry. These 16 ISOs are located throughout the United States and have a strong quality reputation both regionally and in most cases, nationally. Additionally, we are in the process of recruiting and training 13 more ISOs as a result of the superior reputation of the MedCard System, which is rapidly growing in the healthcare industry." SIMS Communications provides low cost, turnkey, transaction processing solutions to service providers and retailers. Its products include medical insurance verification, medical billing, prepaid phone card activations, customer affinity programs, financial transaction processing using credit cards and ATM/Debit cards and customized associated vertical market applications. 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. --30--eb/ny* CONTACT: Continental Capital & Equity Corporation Investor Relations: Dodi B. Zirkle (407) 682-2001 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED MEDICINE INSURANCE Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *