Fast-Growing MediConnect Global Acquires Premier Consumer Health Information Portal PassportMD

SALT LAKE CITY--(BUSINESS WIRE)--MediConnect Global, Inc. (www.mediconnect.net) today announced the acquisition of PassportMD, Inc., (www.passportmd.com) a consumer-directed healthcare information company with innovative software for creating and maintaining personal health records. PassportMD has been selected by the Obama Administration to provide electronic personal health records for Medicare beneficiaries and is one of only four vendors chosen to participate in the pilot program.

"This represents a significant move for us into the personal health records arena," said MediConnect CEO Amy Rees Anderson. "We believe the global availability of healthcare records wherever and whenever needed empowers patients, improves care, reduces cost and will help make quality healthcare available for everyone."

MediConnect pioneered the process of transferring paper records into a unified, secure electronic format delivered over the Internet. The privately held Salt Lake company that started in 1996 now serves some of the largest health payers and life insurance carriers in the U.S.

"PassportMD's intuitive software interface has received numerous awards and is a tremendous tool for those looking for the most effective way to manage their medical records online," said Anderson. "A PassportMD personal health record account empowers people to easily collect and enter past medical information, including hospital and doctor visits, lab results and prescriptions. Users also have access to extensive healthcare information about their medical conditions, symptoms and treatment options."

Both MediConnect and PassportMD have experienced rapid growth in the emerging electronic medical records industry. MediConnect grew by nearly 800 percent from 2004-08 and is number 172 on Deloitte LLP's Technology Fast 500. It was cited by Inc. as one of the 500 fastest-growing companies in the U.S. in 2007.

About MediConnect Global

MediConnect Global, Inc. is the leading medical records retrieval, scanning and storage services provider. MediConnect's online RapidRetrieve system and patented processes provide medical records for consumers and to the health/life insurance and legal industries quickly over the Internet in a secure and efficient manner. It also provides global healthcare provider services. For more information please visit (http://www.mediconnect.net) or call (801) 545-3700.

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