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Verinform Systems and Data Harbor - Leaders in Graduate Medical Education Data Management - In Talks to Combine Products

Combination of Verinform's VerinformRMT System with Data Harbor's GMETookKitT will increase customer support resources for each product while leading to a single system that brings customers the best of both.

May 2, 2005 - Verinform Systems, Inc., and Data Harbor, Inc., two leaders in managing data for the nation's teaching hospitals, have entered into a letter of intent to combine their residency management software businesses. The companies are engaged in discussions that are expected to result in a final agreement by the end of June. Together, the two companies provide software solutions to over 70,000 users at US-based academic medical centers.

Data Harbor's GMEToolKit and Verinform's VerinformRM are state-of-the-art systems for enabling academic medical centers to track and analyze information regarding physician training. Such information includes the procedures that the physicians learn to perform, evaluations of their progress, compliance with limits on work hours, and government funding of physician training.

"This is an exciting opportunity," said Dina Dickerson, Verinform's CEO. "Combining our organizations and systems will enable us to even better meet the rigorous information needs of medical teaching institutions."

"Our customers will see immediate benefits through significantly enhanced availability of support, training and product development resources," added Willy Cats-Baril, CEO of Data Harbor.

About Verinform
Portland, Oregon-based Verinform Systems, Inc., provides enterprise software for teaching hospitals, clinical environments, and public health laboratories. Systems are developed on the Verinform Protocol Manager platform, a set of browser-based database and workflow tools that allows for the rapid deployment of highly-customized, extremely secure, and regulation-compliant solutions. For more information on Verinform, please visit www.verinform.com or call 503-231-8912, ext. 106.

About Data Harbor
Chicago, Illinois-based Data Harbor, Inc. provides consulting and systems development to support quality assurance, risk management, and continuous improvement initiatives to medical associations, boards of certification, and teaching hospitals. Data Harbor is one of the leaders in the design and implementation of web-based systems to track and analyze medical outcomes. For more information on Data Harbor, please visit www.dataharbor.com or call 800-944-0879

Verinform News
Verinform provides briefings to analysts and accredited members of the press upon request. For more information, call 503.231.8912 or write pr@verinform.com.

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