Rapid Growth Prompts MediTract To Expand National Sales Team for
Healthcare's Leading Contract and Document Management Service Provider


MediTract's Client Base and Sales Team have Grown Significantly Since
Recapitalization with Tudor Ventures and GE Healthcare Financial Services

SADDLE BROOK, N.J. (May 15, 2008) — MediTract, the leading healthcare contract and document management service provider, has announced that it has significantly expanded its national sales team with the hiring of five new regional sales executives. MediTract is a division of TractManager Inc., a national Internet-based technology firm specializing in secure, real-time access to customized and centralized contract and document database systems.

“We have seen tremendous growth in our client base over the last year and we have tripled our sales force during that time,” said TractManager Chairman and Chief Executive Officer Thomas A. Rizk. “Our sales professionals all have extensive experience in the field and are ideally qualified to continue to grow and maintain our reputation as a national leader in healthcare contract and document management. Our goal is to help even more healthcare organizations and professionals regain control of their contracts and reduce the cost of doing business through enhanced management capability.”

In June 2007, Tudor Ventures and GE Healthcare Financial Services joined the ownership team of MediTract by making a significant capital infusion.

“With the investments by Tudor Ventures and GE Healthcare Financial Services, we have become a powerful force in the marketplace,” said MediTract President & Chief Operating Officer Scott R. Jeffery. “The fact that Tudor Ventures and GE Healthcare were willing to partner with us speaks for itself. In the investment world, you could not possibly ask for more respected partners and our business has already grown significantly.”

MediTract has developed an effective and cost-efficient contract management solution to provide customers with better control of contracts and critical business documents, facilitate compliance with government regulations, reduce negotiation cycles and lower operating costs. Founded in 2000, MediTract is by far the dominant provider in the healthcare contract and document management business, serving more than 1,200 hospitals and 5,000 related facilities with over 50,000 users.

The newest members of the MediTract national sales team include:

Director of Sales Midwest
Eric Eberhard, formerly of Reuters in St. Louis, Mo., has 20 years of sales and marketing experience within the healthcare industry. He is a graduate of Southern Illinois University, where he majored in business administration and finance.

Director of Sales Mid-Atlantic
Vanessa L. Allegra, formerly of Sony BMG Music Entertainment in Lyndhurst, N.J., where she was a copyright royalties analyst. She also served as manager of marketing and sales with Sophisticated Brides in Lodi, N.J. She is a graduate of Seton Hall University with a Bachelor of Science degree in political science.

Director of Sales South West
C. Alan Reber, formerly of NovaQuest in Parsippany, N.J., has 26 years of sales and marketing experience in pharmaceutical, healthcare, and specialty medicine sectors. He is a graduate of University of Virginia, earning a Bachelor of Arts degree in psychology.

Director of Sales North East
Todd Adams joined MediTract in July 2007 as a regional account manager, opening eight new accounts in his first seven months with the company. He previously worked for Skechers USA, Reebok, Diesel, Puma USA and Adidas America. He is a graduate of Saint Michaels College, earning a Bachelor of Arts degree in psychology.

Director of Sales – New Markets
Lynnette Cromer-Hemle, formerly of DigiScript Inc., has 24 years of sales experience as a vice president and senior vice president at several healthcare-related companies, including Emdeon’s Dental Division and Business Services. She is a graduate of Tyler College.

Press contact information:

Michael Beckerman, Beckerman Public Relations, (908) 781-6420
mbeckerman@beckermanpr.com