MedAvant Announces Fourth Quarter and Year End 2006 Results

MedAvant Healthcare Solutions, a leader in healthcare technology and transaction services, today announced results for the fourth quarter and year ended December 31, 2006.

"We ended the year having accomplished several milestones that lay the foundation for our future success," said John Lettko, President and Chief Executive Officer. "Our greatest achievement in 2006 was moving all our transactions to our Phoenix(SM) platform. We believe having all our business in one operating system will open up new revenue potential for us and allow us to take on additional transaction volume."

"Our partners recognize the value we add to their products and continue to collaborate with us to expand their offerings," Lettko continued. "In 2006 we began or expanded our business relationships with companies such as Misys Healthcare Systems, Quest Diagnostics, CBLPath, Adventist Health System, MD On-Line, and Pekin Insurance."