MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

September 16, 2008 08:30 ET

MediSolution Launches Web Expense Report Solution for Payroll and Financial Systems

MONTREAL, QUEBEC--(Marketwire - Sept. 16, 2008) - MediSolution Ltd., (TSX:MSH) today announced the availability of a comprehensive Web Expense Report 2.0 solution for payroll and financial systems. The feature-rich module is available immediately as a standalone module for the Virtuo Payroll service (formerly known as MediRem), the Virtuo Financial Management Suite (FMS) and can be interfaced to most third party payroll or financial systems.

For organizations currently paying expense reports through their existing payroll systems, the Web Expense Report 2.0 solution eliminates the need for the costly time consuming manual entry of hundreds of expense reports each pay period. Web Expense Report 2.0 provides employees with the ability to create and submit expense reports online from any location, and allows managers to approve and process expense reports efficiently. Key features include:

- Fast data entry and refresh capabilities

- Automatic approval, routing and escalation processes

- Multi-currency

- Company defined rules and policies

- Comprehensive rules engine to eliminate errors at the time of entry

- Custom spending categories

- Bilingual (English and French)

"The Web Expense Report 2.0 solution will provide our payroll customers with greatly improved automation in the expense claim creation, approval and processing cycle", said Paul Lepage, CEO and President of MediSolution. "The intuitive, user-friendly interface is designed to drive rapid adoption within any organization submitting expense reports and the robust rules engine virtually eliminates errors at the point of entry."

In keeping with MediSolution's stated technology strategy, the new generation Web Expense Report solution leverages the latest ASP.NET and AJAX technologies as well as Service Oriented Architecture (SOA) to seamlessly integrate to MediSolution's Virtuo Payroll service, Virtuo FMS or other third party payroll or financial systems.

About MediSolution

MediSolution (TSX:MSH), a Brookfield Asset Management company, is a leading information technology company, providing enterprise resource planning (ERP) and specialized blood bank software, solutions and services to healthcare and service sector customers across North America. More than 290 healthcare, public and service sector organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs and improve the delivery of services. The company's product portfolio is comprised of Financial Management software such as accounts receivable, budgeting and materials management, Business Intelligence solutions as well as Human Capital Management tools and services including human resources management, staff scheduling and payroll processing. The company also provides speciality hemovigilance solutions that improve patient safety, reduce waste and increase efficiency for blood transfusion services.

This press release contains "forward-looking statements" regarding MediSolution's Virtuo Web Expense Report solution. The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements because they involve known an unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include failure to secure customer interest in the Virtuo Web Expense Report solution and the web expense product's failure to generate anticipated business efficiencies and value for the client.

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