Plexis Healthcare Systems Continues to Set Growth Records

2003 revenues in first three quarters are up 275% over first three quarter of 2002

Ashland,Oregon - November 11, 2003 - Plexis Healthcare Systems, Inc. announced today record revenue volumes for the first three quarters of 2003. In the first nine months of 2003, the company has experienced increased revenues in excess of 275 percent over the first three quarters of 2002. 2002 was a record sales volume year itself with the company increasing revenue over 98 percent. Total installation of Plexis Healthcare products has more doubled in the first three quarters of 2003. The company also recently made an all cash acquisition of Logical Claims Solutions, a nationwide healthcare technology company headquartered in the suburbs of Chicago.

In a recent independent survey of the 15 leading Managed Care Information Systems (MCIS) companies, Plexis Healthcare Systems' software was ranked number one. Plexis Healthcare System's core claims processing software, Claims Manager, lowers administrative costs for clients by 12 to 20 percent and provides auto-adjudication rates up to 90 percent and higher. The Plexis product suite offers payers, benefit administrators and health plans the functionality to facilitate accurate and automatic claims adjudication, referral authorizations, benefit administration, and contract management.

Plexis was also recognized this past summer by the 2003 Deloitte & Touche Oregon Technology Fast 50 as one of the fastest growing technology companies in Oregon.

Jorge Yant, president and CEO of Plexis Healthcare Systems, attributed the record results to hard work by the entire Plexis team. "We have a very superior software product that has produced excellent results for our clients, and it is supported, in my estimation, by the best team of employees in the healthcare industry. These two factors, superior product and hard work, continued to produce our record revenue volumes," Mr. Yant said.