Rapid Growth Prompts MediTract to Expand National Sales Team

Thursday, May 15, 2008 General News
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SADDLE BROOK, N.J., May 14 MediTract, the leadinghealthcare contract and document management service provider, has announcedthat it has significantly expanded its national sales team with the hiring offive new regional sales executives. MediTract is a division of TractManagerInc., a national Internet-based technology firm specializing in secure,real-time access to customized and centralized contract and document databasesystems.

"We have seen tremendous growth in our client base over the last year andwe have tripled our sales force during that time," said TractManager Chairmanand Chief Executive Officer Thomas A. Rizk. "Our sales professionals all haveextensive experience in the field and are ideally qualified to continue togrow and maintain our reputation as a national leader in healthcare contractand document management."

In June 2007, Tudor Ventures and GE Healthcare Financial Services joinedthe ownership team of MediTract by making a significant capital infusion.

"With the investments by Tudor Ventures and GE Healthcare FinancialServices, we have become a powerful force in the marketplace," said MediTractPresident & Chief Operating Officer Scott R. Jeffery. "The fact that TudorVentures and GE Healthcare were willing to partner with us speaks for itself.In the investment world, you could not possibly ask for more respectedpartners."

MediTract has developed an effective and cost-efficient contractmanagement solution to provide customers with better control of contracts andcritical business documents, facilitate compliance with governmentregulations, reduce negotiation cycles and lower operating costs. Founded in2000, MediTract is by far the dominant provider in the healthcare contract anddocument management business, serving more than 1,200 hospitals and 5,000related facilities with over 50,000 users.

The newest members of the MediTract national sales team include:

Director of Sales Midwest

Eric Eberhard, formerly of Reuters in St. Louis, Mo., has 20 years ofsales and marketing experience within the healthcare industry.

Director of Sales Mid-Atlantic

Vanessa L. Allegra, formerly of Sony BMG Music Entertainment in Lyndhurst,N.J., where she was a copyright royalties analyst.

Director of Sales South West

C. Alan Reber, formerly of NovaQuest in Parsippany, N.J., has 26 years ofsales and marketing experience in pharmaceutical, healthcare, and specialtymedicine sectors.

Director of Sales North East

Todd Adams joined MediTract in July 2007 as a regional account manager,opening eight new accounts in his first seven months with the company.

Director of Sales - New Markets

Lynnette Cromer-Hemle, formerly of DigiScript Inc., has 24 years of salesexperience as a vice president and senior vice president at severalhealthcare-related companies, including Emdeon's Dental Division and BusinessServices.

MediTract, Inc.

MediTract is a division of TractManager Inc., a national Internet-basedtechnology firm specializing in secure, real-time access to customized andcentralized contract and document management systems. TractManager has officesin Saddle Brook, N.J. and Chattanooga, Tenn. For more information, please call1-877-492-8490 or visit www.meditract.com.

SOURCE MediTract, Inc.

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