Epicor Named First Software Vendor to Receive Notice of Integration by Medicare Australia...

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Mon Mar 31, 2008 9:00am EDT

Epicor Named First Software Vendor to Receive Notice of Integration by Medicare Australia for ACFI Online Claiming

IRVINE, Calif.--(Business Wire)--
Epicor Software Corporation (NASDAQ:EPIC) - a leading provider of
enterprise business software solutions to the midmarket and Global
1000 companies, today announced it has been officially named as the
first software vendor to receive a notice of integration by Medicare
Australia for online claiming, under the new Aged Care Funding
Instrument (ACFI) initiative, introduced on March 20, 2008.

   The Aged Care Funding Instrument is the classification instrument
underpinning the new funding model to pay subsidies to Residential
Aged Care Services. As part of the government's $1.6 billion Securing
the future of Aged Care for Australians initiative, ACFI will replace
the existing Resident Classification Scale and has been designed to
better match funding to the complex care needs of residents. It will
also reduce documentation required and achieve higher levels of
agreement between aged care staff and department review officers.

   Under the new funding instrument, aged care providers are able to
process care assessments electronically. Given that it is much faster
than paper-based forms, electronic submission significantly reduces
staff time required to prepare and submit paperwork. Aged Care service
providers will be able to send ACFI data to Medicare Australia
electronically through Medicare Australia's Online Claiming
Business-to-Business (B2B) and file upload channel, which requires
software development by a registered software vendor, or Medicare
Australia's ACFI Web form. However, if a service provider is unable to
submit the ACFI assessment via electronic channels, then paper-based
ACFI assessments can be sent to and processed by Medicare Australia
staff.

   The Epicor Senior Living Solution (SLS) incorporates Residential
Aged Care, Retirement Living and Community Care. With the introduction
of ACFI, Epicor SLS will now not only encompass ACFI appraisals, it
will also incorporate ACFI into funding calculations, reconciliation
and updating to the General Ledger for financial reporting.

   As the first software vendor to receive a notice of integration
for ACFI Online Claiming in accordance with Government legislation,
Epicor will enable its customers, which include a selection of
Australia's largest aged care providers, to significantly reduce staff
time required to prepare and submit paperwork, improve the accuracy of
aged care payments and related data and provide acknowledgement that
forms and information have been received and processed by Medicare
Australia.

   John Stuart, CEO, Twilight Aged Care, a not-for-profit
organization and customer of Epicor also commented, "Epicor has been
incredibly supportive in the build up to the introduction of ACFI, in
addition to other legislation being introduced around the government's
Securing the Future of Aged Care package. They made it very simple for
us to accommodate all the necessary changes, which in many cases were
particularly complex. Through its SLS solution, Epicor helped automate
the entire process which would otherwise have been a very laborious
and complicated task."

   Also commenting on the announcement, Scott Whiteside, Systems
Accountant, Amity Group said, "When the Aged Care Funding Instrument
was first announced, it represented unprecedented change for our
organization. With 48 aged care homes throughout Australia, we felt
Epicor was especially vigilant in tailoring its SLS solution to align
with the legislative changes presented by ACFI and enable Amity to
prepare for transition onto the ACFI online claiming system."

   Finally Craig Charlton, Vice President Australasian Operations,
Epicor Software said, "As a leading provider of business software
solutions to companies throughout a number of industry sectors, Epicor
has drawn on its global resources to ensure all of its customers in
the aged care sector are ready for, and compliant with the new
legislations outlined in the government's Securing the Future of Aged
Care initiative. Without having a reliable and world recognized
software vendor such as Epicor, and taking the necessary steps to be
prepared for the changes outlined under ACFI, aged care providers run
the risk of incurring significant potential overheads."

   Epicor released its first version of the ACFI appraisal capture
and subsidy calculation module in Q4 2007. It wanted a selection of
both its larger and smaller customers to Beta test the solution,
providing feedback and input before they finalized the necessary
changes. Amity Group, Masonic Homes Inc. and Twilight Aged Care
volunteered in this testing and as a result have been invaluable in
enabling Epicor to incorporate a robust, user-friendly and compliant
ACFI solution within Epicor SLS.

   About Epicor Software Corporation

   Epicor is a global leader dedicated to providing integrated
enterprise resource planning (ERP), customer relationship management
(CRM), supply chain management (SCM) and professional services
automation (PSA) software solutions to the midmarket and divisions of
Global 1000 companies. Founded in 1984, Epicor serves over 20,000
customers in more than 140 countries, providing solutions in over
30 languages. Employing innovative service-oriented architecture (SOA)
and Web services technology, Epicor delivers end-to-end,
industry-specific solutions for manufacturing, distribution, retail,
hospitality and services that enable companies to drive increased
efficiency, improve performance and build competitive advantage.
Epicor solutions provide the scalability and flexibility to meet
today's business challenges, while empowering enterprises for even
greater success tomorrow. Epicor offers a comprehensive range of
services with its solutions, providing a single point of
accountability to promote rapid return on investment and low total
cost of ownership. Epicor's worldwide headquarters are located in
Irvine, California with offices and affiliates around the world. For
more information, visit www.epicor.com.

   Epicor is a registered trademark of Epicor Software Corporation.
Other trademarks referenced are the property of their respective
owners. The product and service offerings depicted in this document
are produced by Epicor Software Corporation.

   The product and service offerings depicted in this document are
produced by Epicor Software Corporation. This document includes
descriptions of product functionality that is not presently available.
This document also includes many "forward-looking statements"
regarding anticipated product functionality, increased service
offerings, targeted release dates, availability of technology and
certain company initiatives, including pending acquisitions, that
involve risks and uncertainties, and actual results may differ
materially. Such forward-looking statements, which are not historical
fact, involve risks and uncertainties and actual results might differ
materially. Such risks and uncertainties include but are not limited
to, the company's ability to rapidly develop and introduce new
products, reliance on third party products; reliance on emerging
technologies and markets; the timely availability and market
acceptance of new products and upgrades, the possibility of not
receiving necessary approvals such as shareholder and regulatory
approvals for acquisitions and the impact of competitive products and
pricing and other factors discussed in the company's annual report on
Form 10K for the period ending December 31, 2007 as well as its
Quarterly report on Form 10-Q for the period ending September 30,
2007. As a result of these factors the business or prospects expected
by the company as part of this release may not occur. The company
undertakes no obligation to revise or update publicly any
forward-looking statements.

Epicor Software Corporation
Lisa Preuss, 949-585-4235
lpreuss@epicor.com

Copyright Business Wire 2008
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