LOS ANGELES, May 17, 2004 (PRIMEZONE) -- PracticeXpert, Inc. (OTCBB:PXPT), today announced that it has been approved by Standard and Poor's ("S&P") for listing in the S&P premier Market Access Program.
A full description of PracticeXpert was published in the Daily News Section of S&P's Standard Corporation Records. As part of the program, S&P initiated financial coverage for PracticeXpert on S&P's Internet Site www.advisorinsight.com, as well as S&P MarketScope and the S&P Stock Guide database.
Standard Corporation Records, the definitive source of financial information available in print, CD-ROM and on the Internet, is a recognized securities manual for secondary trading in approximately 37 states under the Blue Sky Laws. S&P's website www.advisorinsight.com provides free access to a full spectrum of investors interested in getting financial information. S&P's MarketScope is a real-time information service offering instant access to current market information to more than 74,000 brokers and traders worldwide. The S&P's Stock Guide database is distributed electronically to virtually all major quote vendors and is made available to over 240,000 brokers, traders and professionals.
Mr. Jonathan Doctor, chief executive officer of PracticeXpert, commented, "As a small company trading on the bulletin board there is a lack of third party information available on our company to investors. Being published by S&P is another step forward in exposing our story to more members of the investment community, as well as ensuring that accurate information on our company is available to the investing public."
About PracticeXpert, Inc.
PracticeXpert, Inc. is in the business of providing "turn-key" administrative services to, as well as developing and deploying systems, technologies and services designed to improve operational efficiencies, reduce billing errors and enhance cash flow for, medical practitioners. Our services revolve around our flagship Revenue Management System, PXpert(tm), and include medical billing and accounts receivable management, practice management, transcription, and consulting. Where applicable, PracticeXpert bundles its technology applications with its billing and other practice management services to provide a complete and integrated solution to its physician customers. To find out more about PracticeXpert, Inc. (OTCBB:PXPT), visit our website at www.practicexpert.com.
Note: Any statements released by PracticeXpert, Inc. that are forward-looking, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performances. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission.