Founded in 1998, CBay Systems, Ltd. (�CBay�), is a leading provider of healthcare business process outsourcing (�BPO�) services. CBay provides transcription and information management services to hospitals, integrated health care facility networks, medical clinics and physicians. CBay's HIPAA-compliant solutions leverage leading Internet technologies and the world's most highly credentialed transcriptionists to provide easier, more secure, accurate and cost-effective medical transcription. CBay stands third in the world and has also been ranked 6th in Maryland and 113th fastest growing technology Company in North America in the Technology Fast 50 and Fast 500 program by Deloitte and Touche, LLP.

CBay Systems (India) Private Limited (CBay India) is a wholly owned subsidiary of CBay Systems, Ltd. USA. CBay India appoints, develops, trains and supports the franchisee base of Medical Language Specialists (MLS) in India for CBay USA.

With a trained workforce of over 2,000 personnel (expected to grow to over 10,000 personnel over the next two years), CBay India offers comprehensive consulting services to set up Medical Transcription Production Centers that develop MLS.

CBay India also handles CBay USA's software and technology development processes including maintenance of a 7 x 24 Network Operating Center.

CBay's software and services offer total control over the entire transcription process - from dictation to transcription to records management. CBay enables hospitals and medical practices to not only achieve full HIPAA compliance and streamline transcription processing and management, but also realize substantial savings. Because all information can be accessed via standard Internet connections using existing hardware and systems, there is no capital investment. CBay has developed its infrastructure, hardware and software architecture with security as the paramount concern. From state-of-the-art encryption technologies, redundant architectures and security monitoring to disaster prevention and recovery measures, CBay solutions are designed and engineered to meet the rigid standards of HIPAA compliance - today.

Solutions

CATTS

CBay's outsourced transcription service allows companies to tap into CBay's network of over 4000 transcriptionists even if they're using Legacy Dictation Systems. CBay can help with overflow or companies can choose to outsource all of their transcription. This is done by the use of CBay's Automated Transcription Tracking System (CATTS); from the moment it enters CBay's system until the final transcribed version is sent back to them. By opting for CBay transcription service, hospitals and clinics can now comply with HIPAA guidelines that smaller transcription vendors cannot provide. CBay can seamlessly integrate into the existing systems and users can view the status of a record

CBayFlo

CBayFlo provides a fully outsourced, exceptionally flexible turnkey transcription service combining unrivaled transcription expertise and leading HIM software. CBayFlo handles everything from integrating the existing dictation process, full transcription, comprehensive document management and archiving - all on CBay's secure servers. The E-sign feature provides a mechanism of remote Internet signing with automatic tracking of records on every edit for compliance purposes. 7x24x365 access over the Internet is protected by complete audit trails and high- level security to meet and surpass strict HIPAA requirements.

CBayScribe

CBayScribe provides many of the same comprehensive features as A+Network, scaled to meet the specific needs of small and medium-sized clinics. With CBayScribe, practices receive the same level of sophisticated recording, routing and distribution capabilities that once was available only to large hospitals and the same level of security and audit trail to meet HIPAA standards.

Today, over 90 hospitals and over 200 medical practices rely on CBay for medical transcription services and software products. By providing a winning combination of flexibility, security, accuracy and cost � effectiveness, CBay is efficiently meeting the challenge of today's health information management environments.

CBay Systems, Ltd., is headquartered in Annapolis, Maryland. Additional offices are located in Detroit and Charlotte in the US and Mumbai, Bangalore and Hyderabad, in India. The company employs over 1,400 people in its United States and India offices and over 2,600 people on its franchisee rolls.