31.07.2006 15:57:00
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FCG Software Services and Plexis Healthcare Systems Announce $2 Million Application Development Agreement
Jorge Yant, founder and chief executive officer of PlexisHealthcare Systems, said, "After partnering with FCG Software Servicesover the past year, I have come to consider our FCGSS teammates to bean integral part of the Plexis team."
Josh Lieberman, General Manager of FCG Software Services, said,"This is an exciting next step in our relationship with Plexis, andI'm looking forward to continuing our work with them."
This most recently signed agreement is the next phase of anoverall $3 million development initiative. Additionally, Plexis hasinvested several million dollars with FCG in core development work ontheir Plexis Claims Manager (PCM) platform.
About Plexis Healthcare Systems
Plexis Healthcare Systems was founded in 1996 by IT consultantswho recognized the difference a truly flexible, cost-reducing solutioncould make for the industry. By partnering with clients, Plexisdeveloped products to solve real-world needs and help them worksmarter. Over time, Plexis software and services have grown anddeveloped from our extensive engagements with clients. Today, almost75% of company resources go to strategic development. PlexisHealthcare Systems has grown 98% in 2002 and 160% in 2003. In 2004,Plexis was named one of the fastest growing technology companies inOregon. Today, Plexis serves healthcare organizations across theUnited States as well as international clients. For more informationabout Plexis, please visit www.plexisweb.com.
About FCG Software Services
FCG Software Services, a wholly owned subsidiary of FirstConsulting Group, Inc. (NASDAQ: FCGI), is a U.S. company with morethan a decade of experience in providing onshore/offshore softwaredevelopment, development process consulting, application maintenance,reengineering and quality assurance services to premier organizationsworldwide. FCGSS, headquartered in Atlanta, Georgia, has two whollyowned development centers in India and Vietnam. FCGSS' experiencedpersonnel work on site with organizations to define requirements,design software solutions and coordinate the activities of theoffshore development teams. Through a combination of qualifiedresources, a sound development methodology and a wide domain oftechnical expertise, FCGSS delivers high-quality products atsignificantly reduced rates. FCGSS' business plan is simple: toprovide organizations with onshore quality at offshore value. FCGSShas the ability to deliver low-cost outsourcing teams for short- andlong-term development projects. For more information, visit ourwebsite at www.fcgss.com.
About FCG
First Consulting Group (FCG) is a leading provider of outsourcing,consulting, systems implementation and integration for healthcare,pharmaceutical, and other life sciences organizations throughout NorthAmerica, Europe and Asia. Through combinations of onsite, off-site andoffshore resources, FCG provides low cost, high quality services toimprove its clients' performance. The firm's consulting andintegration services increase clients' operations effectiveness withinformation technology, resulting in reduced costs, improved customerservice, enhanced quality of patient care, and more rapid introductionof new pharmaceutical compounds. For more information about FCG, visitwww.fcg.com or call 800-345-0957.
Forward-Looking Statements
This release contains forward-looking statements, includingestimates of the future value and duration of the implementation andoperating agreement between FCG and Plexis Healthcare Systems and thepotential effects of such agreement on FCG and Plexis HealthcareSystems. These forward-looking statements involve known and unknownrisks which may cause FCG's actual results and performance to bematerially different from the future results and performance stated orimplied by the forward-looking statements. Some of the risks thatshould be considered include whether the implementation and operatingagreement may be amended, modified or terminated early by the parties,how FCG manages the implementation and operating environment under theterms of the contract, including transition to and integration of theservices, management of the partnership with Plexis Healthcare Systemsand other factors referenced in FCG's most recent Forms 10-K, 10-Q andother periodic reports filed with the Securities and ExchangeCommission. In light of the significant uncertainties inherent in theforward-looking information included in this release, the inclusion ofsuch information should not be regarded as a representation by FCG orany other person that FCG's objectives or plans will be achieved. FCGundertakes no obligation to release publicly any revisions to anyforward-looking statements to reflect events or circumstances afterthe date hereof or to reflect the occurrence of unanticipated events.
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