Screen Actors Guild - PPHP Relies on Concord's Business Service Management, BSM, Software to Deliver Outstanding Service to Actors.Entertainment Editors/Business Editors/High-Tech Writers MARLBORO Marlboro or Marlborough (märl`bərō), city (1990 pop. 31,813), Middlesex co., E Mass.; settled on the site of a Native American village 1657, inc. as a city 1890. , Mass.--(BUSINESS WIRE)--June 7, 2004 SAG-PPHP Ensures 60,000 Actors and Dependents Have 24/7 Access to Benefits Concord Communications, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : CCRD CCRD Colorado Civil Rights Division CCRD Clear Certainty Rundown CCRD Center for Community Research and Development CCRD Climate Change Research Division (US DoE) CCRD Certified Chiropractic Rehabilitation Doctor ), an industry leader in optimizing IT services to drive business success, today announced that the Screen Actors Guild - Producers Pension & Health Plans (SAG-PPHP) has standardized on Concord's Business Service Management (BSM BSM Business Service Management BSM Basic Security Module BSM Best Stations Memory (Pioneer car stereos) BSM Business Systems Modernization BSM Bronze Star Medal BSM Black Student Movement BSM Benilde-St. ) software solution. SAG-PPHP delivers high quality pension and health insurance benefits to the acting community. SAG-PPHP has deployed Concord's BSM software to manage the applications, systems, and networks over which SAG-PPHP processes pension and health benefits for more than 60,000 actors and dependents. SAG-PPHP chose Concord's eHealth(R) Suite of IT infrastructure management solutions for its ease of implementation, flexible capabilities, integrated solution and low cost of maintenance. SAG-PPHP's 250 employees in Burbank, Calif., Ventura, Calif., New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Miami, process over 700,000 claims per year and manage more than $2 billion in pension benefits for its current membership. The organization selected the eHealth Suite to manage its internal and external infrastructure components, including the applications, servers, and networks that enable employees to process medical claims and payments to physicians and hospitals. In addition, their infrastructure enables actors to perform eligibility inquires, pension status and other benefit-related queries from anywhere in the world via the Web. By using the eHealth Suite for capacity planning Determining the required future configuration of hardware and software for a network, datacenter or Web site. There are numerous capacity planning tools on the market used to monitor and analyze the performance of the current hardware and software. , including network transportation and server storage, as well as fault management, SAG-PPHP is helping to ensure the quality of its member services twenty four hours a day, seven days a week. "We must provide the absolute best services possible at the lowest cost for our participants and Concord is a critical part of making this happen," said Nader Karimi, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. for SAG-PPHP. "Our membership expects dependable levels of service and our primary responsibility is to manage their benefits responsibly and efficiently. Concord's eHealth Suite ensures exceptional availability and performance of our IT infrastructure, enabling us to be a reliable resource around the clock." Going forward, SAG-PPHP plans to replace benefits system with an electronic system that will speed up electronic claim processing and payments. The cost savings associated with this application will be significant for SAG-PPHP and will control SAG expenses, which ultimately result in lower administration costs. This new system will be highly dependent upon a reliable, scalable, and robust infrastructure, and SAG-PPHP is confident that its use of the eHealth Suite will help them to provide network stability and success. "At Screen Actors Guild - PPHP PPHP Pre-Paid Health Plan , one of Concord's core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
"The best thing about the Concord eHealth Suite is that it's the one powerful tool that brings it all together," continued Karimi. "We are able to use eHealth to be proactive and highly responsive to the needs of our participants." About Concord Communications, Inc. Concord Communications, Inc. (Nasdaq: CCRD) provides an integrated solution that enables companies to map their IT services to business needs, measure their actual end-user experience, and manage their applications, systems, and networks. More than 3000 companies worldwide rely on Concord's eHealth(R) Suite, and its components, to optimize IT services to drive business success. Based in Marlboro, Mass., Concord maintains offices around the globe, and can be found on the web at www.concord.com. Concord Communications, Inc., the Concord logo, and eHealth are trademarks of Concord Communications, Inc. All other trademarks are the property of their respective owners. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made in this press release are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned that all forward-looking statements involve risks and uncertainties, and actual results could differ materially from the forward-looking statements contained herein. Risks and uncertainties include, without limitation, risks in product development and market acceptance of, and demand for, the Company's products, specifically including the Company's business service management solution; risks associated with competition, specifically including competition in the application performance market; risks in technology development and commercialization; and other risks detailed in the Company's filings with the Securities and Exchange Commission, including but not limited to, the Company's annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and quarterly reports on Form 10-Q Form 10-Q See 10-Q. . Any forward-looking statements should be considered in light of all these factors. The information contained in this press release is applicable only today and should thereafter be considered historical and will no longer constitute the Company's current expectations. The Company undertakes no obligation to update information contained in this press release |
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