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Media Release -- October 28, 2007

50,000 PURCHASE ORDERS DRIVE $129 MILLION

THROUGH ORMED X E-COMMERCE PORTAL

EDMONTON, CANADA:  A landmark 50,000th purchase order sailed through Ormed Information Systems’ ORMED X™ B2B Internet portal this month as ORMED X volumes continue to double year-over-year.

“ORMED X users are seeing the value of e-commerce in real dollars saved,” says Chris Sherback, Ormed president and CEO. “By streamlining the supply chain, reducing paper and manual work, ORMED X clients have access to resources that were previously lost to inefficient business processes and therefore unavailable for initiatives that directly impact patient care and outcomes.

“At Ormed, we’re all about finding new ways to further streamline business process,” he adds. “The savings we can help clients achieve can have a profound impact on the cost and quality of healthcare, and that’s why it’s critical that every Minister of Health, CFO, VP Finance, and Director of Purchasing educate themselves about e-commerce and then wean their staff away from all the unnecessary paper, manual effort, and duplication of the traditional supply chain process.”

ORMED X is a secure online business community where healthcare buyers and merchants conduct e-commerce in real-time. Easy-to-use technology that streamlines business process, ORMED X is the flagship product in Ormed’s E-Commerce suite, which also includes the newly released ORMED X Easy Pay™ system that automates invoice reconciliation and payment, and the soon to be piloted ORMED X E-Tendering, which will automate and fully streamline the tendering process… another traditionally expensive business process.

“We expect this rate of increase to be more significant as we roll-out to our Canadian and American clients ORMED X Easy Pay as well as E-Tendering and online Contract Management,” says Dale Gregg, senior vice president and CTO. “Hospitals, merchants, and others in the healthcare supply chain may register for e-commerce through ORMED X, at ormedx.com, regardless of whether they use other Ormed software solutions.”

About Ormed Information Systems Ltd. (www.ormed.com)

Smart business starts with smart MIS software and e-commerce. Fully integrated finance, supply chain, business intelligence, HR, payroll, and e-commerce software automate and streamline business process to significantly increase healthcare efficiency and profitability.  Proven effective in hundreds of challenging hospitals, long-term care facilities, and regions, fully automated and integrated ORMED MIS software with built-in e-commerce through the ORMED X B2B Internet portal and ORMED X Easy Pay program makes Ormed the largest Canadian supplier to Canadian healthcare facilities, with more than 350 healthcare clients in North America.

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Media Contact:

Pam Patten
Corporate Communications Manager
Ormed Information Systems Ltd.
780.482.7200 (ext 225)

pam_patten@ormed.com

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I think their reporting system is just wonderful. It's very advanced, very thorough, and it meets our needs very well.

Ted Stidham,
Materials Manager