Initiate Systems Acquires Accenx

Initiate Offers Healthcare Communities Interoperability and Connectivity with
the Addition of Accenx Exchange

CHICAGO--(Business Wire)--
Initiate Systems, Inc., a leader in data management solutions for information
sharing and improved data quality, has acquired Accenx Technologies, Inc., a
leading provider of health information exchange solutions. This acquisition
furthers Initiate`s growth strategy and expands its offerings in the healthcare
market. The terms of the deal are confidential.

By acquiring Accenx, Initiate expands the breadth and reach of its proven
interoperable health solutions enabling a broader set of healthcare stakeholders
to connect and share information as market dynamics require greater focus on
establishing well integrated healthcare communities.

"The debates over healthcare IT adoption and payment reform have validated that
healthcare communities that master information sharing realize improved outcomes
at lower costs," said Bill Conroy, president and CEO, Initiate. "EHR is the
buzzword of The American Recovery and Reinvestment Act, but what electronic
health records offer is potential for interoperability. This requires
information sharing within and between EHRs."

Conroy continued: "The addition of Accenx is a natural extension for our
company, and we believe it will prove valuable to our customers. Leveraging
Initiate® interoperable health solutions as services through Accenx Exchange,
Initiate now offers master data management (MDM) along with a connectivity
platform delivering applications and relevant information at all points of
service."

Accenx Exchange enables communities to rapidly connect healthcare providers,
such as physician practices, reference labs and imaging centers, and easily
share information such as orders and results. Accenx` Software as a Service
(SaaS) delivery model and physician outreach program offers the service levels
required by physicians with rapid deployment and a low up-front investment.

"Joining Initiate will help Accenx fulfill its promise of delivering innovative
technology solutions to stakeholders across a broadening healthcare ecosystem,"
said David Cheng, CEO, Accenx. "Accenx and Initiate have both partnered together
with other application vendors to deliver health information exchange solutions.
The combined company will continue to offer customers and partners the
technology and services to make relevant applications and information available
at every point of care across an expanded healthcare community."

Initiate has been addressing health information technology (HIT) for more than
15 years. The company has recently been recognized by leading industry analysts
as one of the highest ranked vendors providing master data management solutions.
Initiate`s high-performance, scalable software has set the standard for
delivering a single, accurate view of patient and provider records. It is used
by more than a hundred health organizations, including: hospitals, independent
delivery networks (IDNs), regional health exchanges, e-subscribers, retail
pharmacies, insurance payers, federal and state health agencies.

For additional information about the acquisition, read the frequently asked
questions
(http://www.initiate.com/news_events/news/Documents/Initiate-Accenx-FAQ.pdf )

About Initiate Systems

Initiate Systems enables organizations to confidently share critical data
assets. Multinational corporations, healthcare organizations and government
agencies rely on Initiate® software and services to deliver complete, accurate
and real-time views of data spread across multiple systems, domains or
databases. Initiate`s multi-domain master data management (MDM) solutions
facilitate interoperability, information sharing, entity resolution and data
quality to increase revenues, reduce costs and mitigate risks. Initiate operates
globally through its subsidiaries, with corporate headquarters in Chicago and
offices across the U.S., and in Toronto, London and Sydney. For more
information, visit www.Initiate.com.

Media Contact:
Maria Diecidue
Initiate Systems, Inc.
312-395-1345
mdiecidue@Initiate.com

Copyright Business Wire 2009