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Integration Of Systems Increases Efficiencies And Improves Healthcare Provider Life Cycle Management Bellevue, WA - March 2, 2006 - Onyx® Software Corporation (NASDAQ: ONXS), a worldwide leader in customer management solutions for the enterprise, and Kryptiq Corporation, a leading provider of contract management solutions for health plans, today announced that Kryptiq has joined the Onyx Global Alliance program.
The two companies joined forces to deliver an integrated solution that enables health plan administrators to automatically generate and update provider contracts, leveraging health provider demographics stored in Onyx Customer Management. This functionality will help health plans deliver higher quality service, shrink costs, reduce inefficiencies, and better control their legal risk through improved management of the healthcare provider life cycle.
"Kryptiq's Guardian Contract Manager's integration with Onyx's CRM solution enables health plans to use information managed in Onyx to automatically populate provider demographics information in contracts managed by Guardian Contract Manager," said Malcolm Costello, vice president of marketing for Kryptiq. "At the same time Guardian Contract Manager informs Onyx CRM of all changes in contract status. By integrating these core workflows health plans will be able to easily and seamlessly transition between the two applications for managing their provider network."
"Onyx is delighted to welcome Kryptiq as a member of the Onyx Global Alliance program," said Todd Chambers, chief marketing officer at Onyx Software. "We view our relationship with Kryptiq as essential to extending the Onyx value proposition deeper into the burgeoning healthcare industry. By working together the two companies will enable our joint customers to develop a more complete perspective on the complex relationships between healthcare organizations and the contracts they have with their various providers."
About Kryptiq CorporationKryptiq is the leading provider of interoperability and workflow connectivity solutions for healthcare. Kryptiq streamlines healthcare communications among patients, providers, pharmacies and payers with secure messaging, electronic prescribing, disease management, and contract management technologies. By integrating these solutions with existing systems and applications, Kryptiq enables the trusted transport of health information where and when it is needed. Kryptiq's fast growing customer base includes many of the nations top 100 integrated health networks, spans 48 states plus Washington, D.C., and includes well-known providers and payers such as Providence Health System, Capital Region Healthcare, MeritCare Health System, Eastern Maine Healthcare, BlueCross and BlueShield of Minnesota, and Northwest Permanente. For more information on the company, visit www.kryptiq.com About Kryptiq's Guardian Contract ManagerTM
Guardian Contract Manager is a web-based end-to-end contract management application designed specifically for health plans. Guardian Contract Manager provides plans with an auditable enterprise-wide provider contracting application. Guardian Contract Manager creates, maintains, tracks, logs, manages, audits and archives all provider contracts. The application was built specifically to meet the needs of health plans and supports both standard and custom contracting. About Onyx Software
Onyx Software Corporation (NASDAQ: ONXS) is a worldwide leader in customer management and process software for mid and large size enterprises. Onyx provides flexible solutions that enable organizations to automate, manage, and evolve their customer processes quickly and cost-effectively for strategic advantage. By providing an integrated suite of customer process automation applications encompassing customer management, process management, and analytics capabilities, Onyx enables enterprises to reduce costs, increase productivity and grow revenue. Major companies are aligning their customer-facing departments and managing their customer processes with Onyx software - companies such as Amway Corporation, Mellon Financial Corporation, The Regence Group and State Street Corporation. More information can be found at (888) ASK-ONYX or info@onyx.com Forward-Looking Statement
| Contact: | Bob Craig Onyx Software 617-314-6846 |
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