Accentia Technologies receives USD 4.5 million order

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Mumbai, Apr 17 (UNI) Accentia Technologies Limited has received USD 4.5 Million order for its Health Care Receivables Management Services from a leading US-based hospital chain.

The order has to be serviced by Company over a period of 18 months starting from May 05, 2008 onwards.

The composition of work in executing the order involves Billing, Coding and Claims Management of the leading hospital chain in USA.

Commenting on the order, one of the senior officials of the Company said that the current order is a natural extension to our value added services. Billing, Coding and Claims Management are the value added services and the Company have already handled Pilot Runs and successfully demonstrated the Company's abilities in handling such outsourcing works for the said client from whom it have procured the current order.

''With the order book position, we are poised to see a 35 per cent growth in our revenues in 2008-09. The Company has scheduled its Q4 results which are going to be announced on April 23, 2008, he added.

UNI AR GR SM1428

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