SOURCE: Eldorado Computing, Inc.

June 13, 2006 08:00 ET

Eldorado Computing Is Now MphasiS Healthcare Solutions

PHOENIX, AZ -- (MARKET WIRE) -- June 13, 2006 -- Eldorado Computing, Inc. (ECI) today announced that the company has changed its brand name to MphasiS Healthcare Solutions* to align itself to its core brand and better reflect its full scope of automated and outsourced offerings for health benefits management.

MphasiS Healthcare Solutions specializes in health insurance application development, business process outsourcing services, IT engineering and operational consulting. The company provides integrated software and ASP solutions for health benefits management, serving the full spectrum of organizations nationally and internationally including third party administrators (TPAs), health plans, insurance carriers and self-insured organizations. Deployed by more than 125 clients, HEALTHpac, is the foundation for automating a wide array of plan designs and managed care contracts, enabling users to achieve 75+% first-pass auto-adjudication.

In developing portal ecosystems, MphasiS leverages applied domain expertise and a proven track record with large-scale financial and insurance institutions to elevate business performance through multi-channel, constituent-driven, content management and security. MphasiS has also been cited among the top five worldwide business process outsourcing service providers by The Black Book of Outsourcing (2005 Edition).

According to Zane Bell, CEO of MphasiS Healthcare Solutions, "With over 20 years experience serving the healthcare payer marketplace we have continually enhanced our service offerings to keep pace with industry trends. Most recently, we have leveraged our deep healthcare domain expertise with MphasiS' proven track record with top-tier financial institutions to offer healthcare payers the most advanced outsourcing services to reduce costs, enhance operational efficiencies and maximize their return on investment (ROI). As we move into the future, MphasiS Healthcare Solutions looks forward to creating unlimited opportunities for healthcare payer organizations to maximize business performance."

About MphasiS Healthcare Solutions, Inc.

Based in Phoenix, Ariz., MphasiS Healthcare Solutions* (Eldorado Computing, Inc.), specializes in health insurance application development, business process outsourcing services, IT engineering and operational consulting. The company serves the full spectrum of organizations nationally and internationally engaged in managing health benefit plans including third party administrators (TPAs), health plans, employers and self-insured organizations. Together, MphasiS Healthcare Solutions customers manage 5 million lives and handle 35 million claims annually. For more information, contact 602.604.3100 or visit www.eldocomp.com or www.mphasis.com

*The legal entity remains unchanged as Eldorado Computing Inc.

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