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Tuesday, June 6th 2006

Kryptiq Releases Health Plan Workflow Management Application for Provider Contracting

Guardian Publisher Streamlines Interdepartmental Communications Throughout the Provider Life Cycle

PORTLAND, Ore.– June 6, 2006 – Kryptiq Corporation, the leader in health plan contract management solutions, announced today the availability of Guardian™ Publisher. This new module extends the power of Guardian™ Contract Manager by automating and streamlining interdepartmental workflows both pre- and post-signature.

Guardian Contract Manager is an end-to-end contract management solution designed specifically for health plans. Guardian Contract Manager enables health plans to automate the entire contract life cycle, from contract creation to post-signature. By adding Guardian Publisher, the data captured by Guardian Contract Manager is made available across the entire health plan organization.

Today, provider contracts created within a health plan’s contracting department contain information about rates, provider demographics and other provider specific data, which is both sourced and required by other departments. With traditional paper workflows, contract information shared among departments is often entered multiple times into different systems creating errors and inconsistencies. For example, when rates change as a result of a contract renegotiation, this updated information also needs to be reflected in the claims payment system. Guardian Publisher gives health plans the ability to achieve compliance by defining a standard process for managing and communicating these many interdependencies.

“Our leading health plan customers across the United States are already seeing the benefit of our health plan-specific approach to provider contract management,” said Robert Leong, vice president of marketing, health plan solutions for Kryptiq. “With Guardian Publisher, we are extending the value of this approach across the organization so that once information is entered it is available where ever it is needed. Our powerful visual editor makes it easy to specify dependencies and workflows that ensure the right information is delivered to the right people at the right time.”

The Guardian suite is structured around the Guardian Contract Manager application, which streamlines and automates all stages of the provider contract life cycle. Other modules in the Guardian Suite include Guardian™ Negotiator, which enables online provider contract negotiation, and Guardian™ Courier, which allows organizations to send contracts and other approved documents to their providers with secure, email-based mass electronic mailings.

About Kryptiq Corporation
Kryptiq is the leading provider of interoperability and workflow connectivity solutions for healthcare. Kryptiq streamlines healthcare communications among patients, providers, pharmacies and payers with secure messaging, electronic prescribing, disease management and contract management technologies. By integrating these solutions with existing systems and applications, Kryptiq enables the trusted transport of health information where and when it is needed. Kryptiq’s fast-growing customer base includes many of North America’s top 100 integrated health networks, spans 48 states plus Washington, D.C. and includes well-known providers and payers such as Providence Health System, Capital Region Healthcare, MeritCare Health System, Eastern Maine Healthcare, BlueCross and BlueShield of Minnesota and Northwest Permanente. For more information on the company, visit http://www.kryptiq.com/.

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Legal Notice: All rights reserved. Kryptiq is either a trademark or registered trademark and the Kryptiq logo is a service mark of Kryptiq Corp. Other product or service names mentioned herein are the trademarks of their respective owners.

For more information, press only:
Lisa MacKenzie
MacKenzie Marketing Group
(503) 225-0725

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