November 16, 2007 ikaSystems wins prestigious Healthcare Innovation™ Award for "Solution with the Greatest Market Potential"

ikaSystems a leading provider of web-based ERP systems for the managed care industry proudly announces receipt of the prestigious award for Solution with the Greatest Market Potential at the Gartner Healthcare IT Summit in Miami, Florida. The Healthcare Summit attracts top level healthcare executives for three days of analyst presentations and vendor case studies. Senior healthcare executives vote for the Healthcare Innovation™ Award. ikaSystems’ clients presented five case studies over a period of two days.

The presenters covered the following solution topics: Pay for Performance in a Medicaid Health Plan by Passport Health Plan; Streamlining the Medicare Sales Process by UPMC; Medicare Enrollment Made Easy by Freedom Health Plan; Sales and Underwriting Automation Provides Benefits Across the Enterprise by Presbyterian Health Plan; and A Successful Claims Migration by Parkview Health Plan; Client presenters were able to articulate the positive outcomes of their automation through a discussion of actual savings, improvements in operational efficiency, the ability to grow business without adding staff and improved sales productivity. ikaSystems was nominated in three of five categories of awards: Best Demonstration of Return on Investment/Value, Best Case Study Presentation and Solution with the Greatest Market Potential.

“Winning in the category of Solution with the Greatest Market Potential is a testament to our technology platform, application portfolio, domain expertise, and loyal and growing client base”, commented Mr. Ravi Ika, President and CEO of ikaSystems. “We could not be more honored to win this award.”

“As a former analyst, this was the first time I was able to participate in the case studies. I was so impressed with the passion and success of the ikaSystems’ clients. They clearly have a compelling story”, says Cynthia Burghard, VP of Market Intelligence for ikaSystems.

Healthcare IT Summit is produced by Vision Events, a Gartner, Inc. (NYSE: IT) company. Award recipients were selected by attendees at the event.

About Gartner Healthcare Summit
The Gartner Healthcare Summit is widely regarded as the industry’s most comprehensive healthcare IT and business conference. The only healthcare event to feature the insights of the world-renowned Gartner healthcare analyst team, the Summit offers a uniquely interactive forum designed to facilitate dialogues between Senior IT and Business Executives from both payer and provider organizations and the world’s leading healthcare Technology Providers.