Healthcare Executives John C. Osberg and Kenneth R. Brown Join Counterpart Capital.

ROSEVILLE, Calif.--(BW HealthWire)--Feb. 11, 1997--Counterpart Capital Corp., a private investment banking firm focused on healthcare informatics, information and services, announced today that John C. Osberg and Kenneth R. Brown, two senior healthcare executives, have joined the company.

Osberg will open the firm's Atlanta regional office in Marietta, Ga.

William H. Coibion, Jr., president of Counterpart Capital said: "We are very pleased to add both John and Ken to our growing group of professionals. I am certain that the wealth of experience, industry contacts and relationships that these healthcare executives bring to Counterpart will strengthen our ability to achieve the strategic objectives of our client companies."

John C. Osberg, who joined Counterpart as senior vice president and will head the firm's Atlanta based operations, was senior vice president at Medaphis Corp.'s Transaction Services Group, where he managed network companies and was responsible for the company's network services business development and forming strategic relationships.

Osberg is considered a leading strategist in the healthcare information and services markets and has more than 25 years experience.

Prior to joining Medaphis, he was a vice president with Benton International, a leading healthcare and banking consulting firm where he participated in the creation of statewide community health networks under the Hartford Foundation CHMIS grant programs, and assisted companies such as VISA, PCS Health Systems, Equifax, Envoy and Merck/Medco with business development, primarily in the EDI segment of healthcare.

Previously, he co-founded a first generation managed care system (IPA) company and founded a multi-state physician office practice management system company that became IBM's first VAR in that industry. He has held senior executive positions in two California hospitals.

Kenneth R. Brown is joining Counterpart as a member of its Advisory Committee. Brown is executive vice president at IMNET Systems, the leading provider of document and medical imaging systems for the healthcare industry. During his tenure the company successfully completed its IPO and sales increased in excess of 300%.

Previously, Brown was CEO of CITATION Computer Systems, a leading provider of PC Network Based Healthcare Information Systems. In this position, Brown led the company through an IPO, tripled market value for investors, increased revenues by 250%, expanded into international markets, and completed three acquisitions.

During his 33 years of healthcare informatics and information systems experience, Ken has held senior executive positions at Sun Data, Technicon Data Systems (TDS) and Nixdorf Computer Corp. Brown was honored as regional High Technology Entrepreneur of the Year in 1992 by Inc. Magazine.

He serves as chairman of the board of the Joint Healthcare Information Technology Alliance and is immediate past chairman of the Center for Healthcare Management ("CHIM"), an organization representing over 100 software, hardware and consulting companies serving the U.S. healthcare information technology industry.

Counterpart has assembled a team of healthcare industry professionals whose skills are uniquely suited to addressing the needs of its healthcare client companies. Each of these individuals has considerable hands-on experience managing companies through various stages of growth and into maturity. All members of the team bring a network of relationships and skills that can be very beneficial to its clients.

To complement Counterpart's three principals and professional staff, Counterpart developed a strong Advisory Committee which today includes, in addition to Brown: -0-

Walter B. Dilts, Jr., former senior vice president at the Medstat Group, and founder of DKD & Company;

John E. Haugo, Ph.D., former vice president of HBO & Company, and founder of Serving Software, which was acquired by HBO & Company;

A. Scott Holmes, vice president responsible for developing vendor alliances at Shared Medical Systems ("SMS");

Patrick E. Kennedy, former senior vice president at Avicenna and National Electric Information Corp. ("NEIC"); and

Jerry Newman, former president of Foundation Health's Medical Group operations, and a senior vice president of Foundation Health responsible for Foundation's medical practices throughout the country. -0-

Counterpart Capital Corp. is a private investment banking firm founded in 1990 that focuses primarily in the healthcare informatics, information and services market segments. Utilizing an effective combination of people, resources and services, Counterpart Capital assists early and mature healthcare companies in realizing their high-growth potential and long-term viability.

Counterpart is a valued strategic business partner to its clients. It offers clients specialized strategic and business development services and expertise, which thereby allows the senior management team to focus on the tactical affairs of the company. Counterpart assists its clients by: -0-

-- developing a business strategy that enhances shareholder value and is attractive to investors;

-- developing corporate partnerships and alliances to expand product offerings and enhance distribution;

-- facilitating appropriate mergers and acquisitions to develop critical mass (products, technology, management, install base, or distribution); and

-- building the senior management team, board of directors and advisory group, as needed. -0-

Counterpart's executive team and advisory committee members possess a wide array of business, marketing, technology and financial expertise.

Many are well-respected senior-level executives who have firsthand knowledge of the business and technology development challenges facing companies. Others are visionary entrepreneurs who have started companies, grown them significantly and then completed their sale or initial public offering.

This broad base of experience, together with the firm's range of financial advisory services and corporate contacts, allows Counterpart Capital to create the right financial solution for every client need -- whether it's through corporate partnerships, strategic alliances, mergers, acquisitions or venture capital.

CONTACT: Counterpart Capital Corp.

Bill Coibion, 916/786-5001 (Roseville, Calif.)

John Osberg, 770/989-9733 (Marietta, Ga.)