Cypress Care to Increase Efficiency of Processing and Approving Claims

Integrated Pharmacy Benefits Management and Ancillary Health Services company to deploy ImageNow® .

SHAWNEE, KANSAS — (20 Sep 2007) Perceptive Software, makers of ImageNow® enterprise document management, imaging and workflow software, today announced that Cypress Care, Inc., a leader in the management of claims expenses related to the pharmacy and ancillary service benefits for the Workers Compensation, Auto and Medicare Set-Aside markets, has entered into an agreement to deploy ImageNow in its ancillary health services department. The Atlanta, Georgia-based Pharmacy Benefits Manager and Ancillary Health Services company has been delivering health cost management solutions since 2001.

By deploying ImageNow document management and imaging workflow, Cypress Care will look to increase efficiencies in processing and approving claims so that employees can complete projects quickly while policyholders can recoup their losses faster. Documents are secure and electronically available to authorized staff at any point in the claims process. Single-click access eliminates the cost and delay of paper copies and distribution.

“Since its inception, Cypress Care has been devoted to using technological innovation to meet the business needs of our customers”, said Chuck Cavaness, chief information officer at Cypress Care. ”Deploying ImageNow will enable Cypress Care to process and approve our customers’ claims more quickly, helping us to provide the most comprehensive and efficient health cost management solution available today.”

Perceptive Software’s patented LearnMode™ technology will allow Cypress Care to seamlessly scale ImageNow without disrupting existing business processes and operations. The non-programmatic integration technology will allow Perceptive Software to deploy ImageNow in a timely manner, helping Cypress Care achieve a rapid return on its investment. Documents will be scanned and linked to records within their claims systems for integrated, single-click retrieval.

About Cypress Care
Cypress Care Inc. is a leader in the management of rising claims expense related to pharmacy and ancillary service benefits for the Workers Compensation, Auto and Medi-Care Set-aside markets. With its comprehensive, powerful technology and industry expertise, the company has created a new standard in cost management and customer service. Cypress Care’s strategic objectives center around the delivery of products and services that address a broad spectrum of integrated healthcare services that contribute significantly to the reduction of claims cost. The company’s customers include some of the largest private/governmental employers and insurance companies in the United States. For more information, please visit www.cypresscare.com.

About Perceptive Software
Since 1995 Perceptive Software, Inc., has built enterprise content management software, including document management, document imaging and workflow solutions, to help organizations efficiently capture and organize virtually any document, then easily retrieve a precise page at the moment it's needed. More than 1,700 organizations in 22 countries rely on the ImageNow product suite to simplify their business processes.

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ImageNow is a registered trademark of Perceptive Software, Inc. Other product or company names may be trademarks or registered trademarks of their respective owners.

Product Information
To request product information, send an e-mail to info@imagenow.com.