IFOX Infocrossing (MM)

Infocrossing, Inc. (NASDAQ:IFOX), a provider of selective IT infrastructure, enterprise application and business process outsourcing services, announced today the introduction of its new Rapid Implementation Process for Medicare Advantage and Medicare Part D plans. This process, part of Infocrossing�s Payment Reconciliation Services and Medicare Support Services, offers one of the fastest implementations on the market for getting Medicare plans up and running, while also helping to meet the compliance requirements of the Centers of Medicare and Medicaid Services (CMS). The Rapid Implementation Process satisfies the requirements of CMS, easing the burden of regular audits. Medicare plans using the Rapid Implementation Process experience on average, a 75 percent quicker implementation�the Payment Reconciliation can be up and running in as little as 30 days, compared with three to six months for typical implementations. Infocrossing�s Eligibility and Enrollment services can be functional in as little as 24 hours after contracting for the service, so plans can be enrolling members and reconciling their data with CMS in less time, with zero start-up costs or infrastructure investments. Because Infocrossing hosts all of a plan�s data, a plan needs only a personal computer with an Internet browser to access the system. The system is supported by a dynamic Web interface for easy use via any desktop computer. Infocrossing�s robust IT infrastructure is designed specifically for large volume processing at extremely fast rates, allowing health plans to process multiple CMS files and plan data. Health plans benefit from the high levels of security and computing power essential to process the volume of data that is required to perform a full data and payment reconciliation. �The need for fast, accurate enrollment processing and payment reconciliation continues to grow,� said Art Miller, president of Infocrossing Healthcare Services, Inc., a wholly-owned subsidiary of Infocrossing, Inc. �Health plans need a good payment reconciliation system since there is so much data involved in calculating expected payments and comparing those expected payments to the CMS� reports. The new Rapid Implementation Process is a fully automated system that helps put a plan�s reconciliation process in place quicker, taking the burden off of the plans� shoulders.� The Rapid Implementation Process allows health plans to be "live and operational" complete with fully-automated services that streamline the enrollment and reimbursement process and provide detailed financial reporting. The process can identify data and payment discrepancies between the health plan and CMS. Financial reports feed directly to a health plan�s existing system. By ensuring proper payment and reimbursement, health plans meet CMS� requirements and have a system in place to manage critical accounting functions, putting themselves in better position for financial success. About Infocrossing Healthcare Services, Inc.�s Medicare Support Services Infocrossing Healthcare Services, Inc. provides managed care companies with an online, real-time system for reconciling CMS capitation payments. More than 150 managed care companies and pharmacy benefit organizations now use Infocrossing Healthcare Services, Inc.�s solutions. The Infocrossing Medicare Support Services are supported by one of Infocrossing�s five national data centers, which ensure the availability, scalability, reliability and redundancy of the offering. More information about Infocrossing Healthcare Services, Inc. can be found at www.infocrossing.com/healthcare. About Infocrossing (www.infocrossing.com) Infocrossing, Inc. (NASDAQ:IFOX, www.infocrossing.com) is a provider of selective IT infrastructure, enterprise application and business process outsourcing services delivering the computing platforms and proprietary systems that enable companies, regardless of industry, to process data and share information within their business, and between their customers, suppliers and distribution channels. Leading companies leverage Infocrossing�s robust computing infrastructure, skilled technical team, and process-driven operations to reduce costs and improve service delivery by outsourcing the operation of mainframes, mid-range, open system servers, networks and business processes to Infocrossing. Safe Harbor Statement This release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. As such, final results could differ from estimates or expectations due to risks and uncertainties, including, but not limited to: incomplete or preliminary information; changes in government regulations and policies; continued acceptance of the Company's products and services in the marketplace; competitive factors; closing contracts with new customers and renewing contracts with existing customers on favorable terms; expanding services to existing customers; new products; technological changes; the Company's dependence upon third-party suppliers; intellectual property rights; difficulties with the identification, completion, and integration of acquisitions; and other risks. For any of these factors, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, as amended.