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ClaimGear Releases Latest Upgrade for Its Online Billing Technology

Orlando, FL; June 23 2003- - XGear Technologies Inc., a leading provider of Internet-based ASP practice management and medical billing software for the healthcare industry, has released the newest version of its proprietary Medical Billing Software, ClaimGear. Upgrades to the software were designed to reduce the amount of time required by clients - typically medical billing companies or individual doctors' offices - to send in claims to insurance companies. In addition, several new features were created to enable tracking and editing of patient's information, including follow-up appointments. The faster turnaround time means that clients will be receiving their monies even more quickly.

"We work closely with our clients to determine key industry needs, then adapt and enhance ClaimGear as needed to meet those needs," said Douglas A. Kegler, President and CEO. "We are particularly excited about this release, which we spent months developing and testing, because of the way it enriches the user experience."

"One of the optimum attributes of this upgrade is the 'point and click' usage, which allows a great deal of editorial capacity for the updating of patient's information, as well as a higher navigational speed - no wasted time going from screen to screen," affirmed Kegler. "The integration of our unique system-wide notes feature means that clients can edit information in any screen, and stamps the date and user on the note for tracking purposes."

Another key enhancement to the system is its time-saving Insurance Payer address look-up, a unique feature that allows clients to easily find a payer's address and contact information. With this feature, the hours of time previously used for this task will be greatly reduced.

About XGear Technologies
Headquartered in Orlando, FL, XGear Technologies provides the healthcare industry with an Internet-based Medical Billing and Practice Management Software program, ClaimGear, which has the speed of a local PC application and the "use anywhere" flexibility of a Web browser application. Through the Internet and its Java-based system, which utilizes Sun Microsystems Inc.'s (Nasdaq:SUNW) Java technology, ClaimGear is giving physician offices and billing services the opportunity to become more efficient and flexible. For more information, visit: http://www.claimgear.com.

Note to Editors: ClaimGear is a trademark of XGear Technology in the United States. Java is a trademark of Sun Microsystems Inc. in the United States and other countries.

For more information, please contact us at: 888-348-4309

Note: As of Apr 26, 2007 ClaimGear has changed to CollaborateMD.

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