SOURCE: Healthcare Business Services Groups, Inc.

June 12, 2006 11:55 ET

Healthcare Business Services Groups, Inc. Announces the Release of Its Customized Billing Program, AutoMed® 5.0

UPLAND, CA -- (MARKET WIRE) -- June 12, 2006 -- Healthcare Business Services Groups, Inc. (OTCBB: HBSV) announces the release of its customized billing program, AutoMed® 5.0. The software is believed to be the first of its kind on the market. Preliminary versions of the software have been in use by the Company since 2003. As a leading medical billing agency in the industry, HBSGI has continually improved the software with subsequent upgrades. The result is AutoMed® 5.0, which has drastically reduced processing time needed to file, follow-up and collect on current and past due insurance claims. This increase in productivity and efficiency has thus increased the Company's capacity to offer its customized service to more clients while reducing payroll expenses.

AutoMed® is now available for purchase or lease for both public and private medical practices, regardless of medical specialty. The software assists in eliminating overhead costs, as well as increasing operational efficiency. Instructions for end users are personally provided by the actual developers of the AutoMed® 5.0 software.

AutoMed® 5.0 may save up to 70% of billing cost and may generate as much as 50% or more revenue. AutoMed® is a complete practice management software. Special features of the software are listed below:

Scan and send capability for customized billing sheets for each specialty.

--  Submits HCFA-1500 (medical service billing form) and Ub92 (hospital or
    facility billing form) claims electronically and post electronic payments
    automatically.
--  Prints HCFA-1500 and UB92 on paper forms when electronic claims are
    not accepted by the insurance companies.
--  Generates patients' statements and past due letters automatically.
--  Send 30, 45, 60 and 90 days delinquent notices.
--  Provides easy access to online customized reports 24 hours a day, 7
    days a week from anywhere via the Internet.
--  Appeals are made automatically once claim denials recognized.
--  Enhanced with other convenient Practice Management Modules such as
    appointment scheduler, auto tracking of drugs and supplies, managing
    multiple specialties and multiple providers.
    
About Healthcare Business Services Groups, Inc.

Healthcare Business Services Groups, Inc., or HBSGI (OTCBB: HBSV), is a provider of full-service medical billing services and automated medical billing software. The company provides traditional, customized medical billing services and support to physicians, providers, and healthcare facilities across the nation. In addition to its core medical billing services, HBSGI now offers comprehensive, full-service medical practice management software, AutoMed®, we believe this is the only fully automated product on the market.

For more information please contact: HBSGI Management at (888) 926-3600, info@hbsgi.com, colorred01@aol.com

Forward-Looking Statements -- "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risk and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.

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