Alteer Posts Record Growth in First Quarter of 2003.

Business Editors/Health/Medical Writers

IRVINE, Calif.--(BUSINESS WIRE)--April 30, 2003

Company Strengthens Position as Leading Provider of Next

Generation Software Designed to Eliminate Paper Charts and

Automate the Entire Workflow in a Physician's Practice

Alteer Corp., a leading provider of integrated software applications designed to optimize the overall performance of medical practices, today announced that sales revenues increased 300 percent in the first quarter ending March 31, 2003, compared with the same period in 2002.

This is the fourth consecutive quarter of at least 150 percent growth in revenue over the same period in the previous year, and reflects ongoing adoption of Alteer Office(TM) by leading community-based medical practices. Alteer Office eliminates paper charts completely and automates the entire workflow in a physician's practice.

The system has already enabled more than 3,500 users representing 25 specialties in more than 30 states to eliminate more than 50 million pieces of paper from their medical practices.

"Our outstanding performance in the first quarter demonstrates the strong demand for Alteer Office as well as our unique ability to deliver real productivity savings to our customers," said Charlie Hearn, President and CEO of Alteer Corp. "Most other software programs targeted to physicians merely piece together disjointed programs for clinical, administrative and billing functions.

"We've built Alteer Office from the ground up integrating all of the workflow elements of a medical practice and replacing the traditional labor-intensive burden of paper charts with new technology. This enables physicians and staff to make better use of their time."

Illustrative of the experience using Alteer Office is The Breast Care and Oncology Centers, a practice with 10 physicians, 45 employees and 3,000 active patients in Orange, Calif. The centers increased revenue by more than $500,000 by properly coding procedures with Alteer Office prior to billing.

The centers decreased overhead expenses by migrating to a paperless medical record enabling a reduction in Medical Records staff from 10 down to 2; they streamlined pharmacy refill requests resulting in a savings of six staff hours per day; and, the centers' physicians are now able to prescribe for their patients with greater information and safety since they have computer access to detailed notes and medication summaries at any time from virtually any location.

"Alteer's strong performance in the first quarter of 2003 is indicative of the significant benefits that Alteer Office brings to a wide variety of medical practices," said Stephen J. Sullivan M.D., an internist and partner at Skyline Ventures, an investor in Alteer.

"Physicians can no longer afford the resource, time and workflow inefficiencies of traditional paper-based systems, and we believe that the rapid adoption of Alteer Office is proof that it offers the most efficient, reliable, user-friendly and affordable automated software solution available to medical practices today."

About Alteer Corp.

Alteer provides Internet-based software applications designed to optimize the overall performance of medical practices. Alteer Office(TM) is the first truly integrated platform that eliminates paper charts completely and automates the entire workflow in a physician's practice -- from scheduling, to charting, to billing and patient messaging.

Designed to accommodate changes in regulatory compliance, Alteer reengineers workflow, patient flow, information and document management, resulting in increased operational efficiency, better managed financial performance, enhanced quality of patient care and greater patient satisfaction. A private company with headquarters in Irvine, Alteer markets its products through a direct sales force, as well as selected distribution partners. For more information, visit www.alteer.com.