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Media Release -- May 22, 2007

ORMED APPOINTS VICE PRESIDENT OF SALES -- US

EDMONTON, CANADA:  Ormed Information Systems today announced the appointment of Mr. Keith Wagstaff to the new position of vice president of sales - US, reporting to Mr. Chris Sherback, president and CEO. The appointment is effective May 14, 2007 and continues the company’s drive to increase market share across the US. 

Located in Colorado, Mr. Wagstaff will be responsible for driving the company’s expansion further into the US healthcare market by growing Ormed’s US client base to include more hospitals, long-term care facilities, and healthcare systems.

Mr. Wagstaff has more than 18 years of experience in healthcare and technology related fields. His background includes sales and business development, business consulting, implementation, and management. Prior to joining Ormed, Mr. Wagstaff was the director of North American Sales for Health Language, Inc., where he was co-leader of a team responsible for business development in the US healthcare market. He has also held sales and management positions with AtStaff, Inc. and McKesson Corporation.

“Keith has been very successful using a consultative, solution-selling model that aligns well with our own approach of matching client needs to software solutions,” says Mr. Sherback. “We are pleased to be the beneficiary of his impressive success in sales and business development, and are sure our clients will benefit greatly from his relationship management ethic and experience in the healthcare sector.”

Mr. Wagstaff obtained a Bachelor of Business Administration (BBA) in Management degree from Texas A&M University, College Station, TX.

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
Ormed Information Systems Ltd.
780.482.7200 (ext 225)

pam_patten@ormed.com

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