[July 31, 2007] iContracts(TM) Launches Complete Suite of Solutions for Life Sciences Tweet THREE BRIDGES, N.J. --(Business Wire)-- iContracts today announced availability of its latest solutions for managing the complete lifecycle of chargeback, rebate and Medicaid processes, government compliance and claims validation. "iContracts is off to an amazing start", commented president Erik Sieverding. "In a few short months, we have entered into six new agreements with leading companies in search of solutions from a partner that is as easy to work with as its products are easy to use and implement. We are particularly gratified that several new clients are making the switch from I-many(TM) (NASDAQ: IMNY) and selected iContracts after a thorough review of alternatives. Clearly, many Life Sciences companies are seeking fresh alternatives - and discovering iContracts is their best option." iContracts solutions are available as on-demand services or behind-the-firewall software, and are built using iContracts' revolutionary Better Contracting Solutions (BCS) platform, featuring a highly evolved data architecture, rich functionality and Simplified Common User Interface (SCUI) enabling users to become experts after learning just two basic web page formats. This groundbreaking design drastically reduces implementation, training and upgrade timeframes and costs, lowering the total cost of ownership for iContracts solutions by up to 80%. Joann Gioia, Senior Manager of Contracts and Chargebacks at American Regent Inc., commented, "iContracts' approach to solution delivery, anchored by the iContracts BCS platform, is light years ahead of the competition, delivering new capabilities and virtually unbounded flexibility for American Regent today and well into the future." According to iContracts CTO, Omar Bey, this reaction is typical of companies who are embracing iContracts as their partner of choice. "Over the years, Life Sciences companies have become jaded by the reality of unwieldy data models, inefficient code, poorly conceived user interfaces and the enormous price tags associated with managing contracts and compliance. People are simply amazed that these complex processes can be managed in such an intuitive and straightforward manner. By focusing on this acute need for simplifying complexity, we have struck a chord that is propelling iContracts well ahead of our anticipated adoption curve." About iContracts iContract's mission is to deliver solutions for managing contracts that are faster, easier and less expensive to implement. For more information, please visit www.icontracts.com. This news release contains forward-looking statements. Actual results may vary from those expressed or implied. [ Back To TMCnet.com's Homepage ]