AMISYS To Resell Oracle9i Database; Named part of the Oracle PartnerNetwork.Business Editors/Health/Medical Writers/High-Tech Writers ROCKVILLE, Md.--(BUSINESS WIRE)--April 3, 2003 AMISYS LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a Platinum Equity Platinum Equity is an American information technology and private equity firm. It was founded by billionaire Tom Gores in 1995 and is headquartered in Beverly Hills, California. company that provides payer solutions to the health care industry, has entered into a reseller agreement with Oracle(R) that allows AMISYS to sell the Oracle9i Database to its customers migrating to AMISYS Advance. In addition, AMISYS, which is a member partner of the Oracle PartnerNetwork, has access to other Web-related Oracle products and services, such as online technical resources and premium support discounts. With this announcement, AMISYS is an authorized reseller for all editions of the Oracle9i Database, which includes Oracle Database Personal Edition, Oracle Database Standard Edition and Oracle Database Enterprise Edition. AMISYS Advance requires the reliability and scalability of Oracle9i Database and will be available June 2003. The Oracle Database performs transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , data warehousing See data warehouse. data warehousing - data warehouse and content management services, while AMISYS Advance provides a highly functional software solution for healthcare payers. "Oracle has a reputation for providing reliable, secure and comprehensive business systems that give customers better quality information," said Steve Rock, AMISYS president and chief executive officer. "AMISYS Advance, running on Oracle9i Database, will provide our customers with the tools they need to effectively and efficiently run their business using that new product." "Oracle is committed to the healthcare market, with our database technology and Oracle E-Business Suite A group of integrated Internet-based applications from Oracle. Introduced in 2001 as Version 11i, it includes modules for CRM, finance, human resources, supply chain management as well as applications for business intelligence. solutions installed in payer and provider organizations throughout the world," said Joe Duffy, senior vice president, healthcare, Oracle Corporation. "Our work with partners, such as AMISYS, is essential to our collective ability to deliver complete, secure and integrated IT offerings that respond to the most pressing needs in the healthcare payer sector today - assuring security and controlling costs." Last year, AMISYS announced that it was transitioning AMISYS 3000 to the HP-UX HP's version of Unix that runs on its 9000 family. It is based on SVID and incorporates features from BSD Unix along with several HP innovations. (operating system) HP-UX - The version of Unix running on Hewlett-Packard workstations. operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. by creating AMISYS Advance, which provides the same robust functionality and high auto adjudication The legal process of resolving a dispute. The formal giving or pronouncing of a judgment or decree in a court proceeding; also the judgment or decision given. The entry of a decree by a court in respect to the parties in a case. rates as the 3000 product. For more than 20 years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time Oracle Database technology has helped customers manage critical data. The latest version is designed to support and leverage Internet capabilities and provide the most complete solution for business management. AMISYS is owned by Platinum Equity and is a sister company to Synertech (www.synertechsystems.com), a premier application services See ASP and Web services. provider (ASP) and business process outsourcer to the health care payer industry. Synertech hosts the AMISYS 3000 and is the exclusive provider of application hosting services for AMISYS Advance. AMISYS LLC AMISYS LLC (www.amisysllc.com) offers comprehensive information management software applications and Web capabilities to healthcare payers. AMISYS 3000 provides extensive functionality that meets the information needs of a wide variety of health plans. AMISYS 3000 automates all critical business processes, including enrollment and eligibility, claims payment and provider contract management, and achieves high auto adjudication rates. AMISYS Advance, to be delivered mid-2003, expands on the robust functionality of AMISYS 3000 on the HP-UX operating system. AMISYS is based in Rockville, Md. Platinum Equity Platinum Equity (www.peh.com) is a global acquisition firm specializing in the strategic operation of mission-critical companies according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a unique M&A&O(SM) model of value creation. Since its founding in 1995, Platinum has completed over 40 privately funded transactions, leveraging a multi-billion dollar revenue base derived from the continued growth of its portfolio. With an established infrastructure in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe, Asia and South America, Platinum employs a workforce of more than 15,000 serving over 600,000 customer sites worldwide. Oracle PartnerNetwork The Oracle PartnerNetwork (www.oracle.com) is a global business network of more than 12,000 companies who deliver innovative enterprise software solutions based on Oracle software. Through access to Oracle's premier products, education, technical services, marketing and sales support, the Oracle PartnerNetwork provides partners with the resources they need to be successful in today's Internet economy. Oracle partners are able to offer customers leading-edge solutions backed by Oracle's position as the world's largest enterprise software company. Oracle is a registered trademark of Oracle Corporation and/or its affiliates. |
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