FOR IMMEDIATE RELEASE: Medicalis secures $7M financing lead by HLM…

FOR IMMEDIATE RELEASE:




Medicalis secures $7M financing lead by HLM Venture Partners.



Kitchener, Canada, August 20, 2008 ­ Medicalis Corporation, the industry leader
providing next generation, clinical decision support solutions and integration
technologies focused on improving the quality and efficiency of diagnostic imaging in
health care, announces it has secured $7M in financing lead by HLM Venture
Partners, a Boston and San Francisco-based health care venture capital firm.

The sizable diagnostic imaging market continues to experience robust growth driven
by a combination of favorable demographic factors and technological advances. In
the U.S. health care system alone, diagnostic imaging services generate more than
$100 billion in annual revenues with more than 600 million diagnostic imaging
studies performed annually. Medicalis has successfully commercialized its clinical
decision support, analytics, and integration technologies, to a diverse group of
customers that include integrated delivery networks, community hospitals, imaging
chains, government and payer-related entities.

"Our products optimize the use of limited health care resources and improved
imaging quality and financial performance of our customers. By monitoring and
managing clinical and organizational effectiveness, the Medicalis technologies help
ensure that patients receive the right test first, Payer based requirements are
addressed upfront, and clinically inappropriate and duplicative tests are reduced",
said Ron Kelly, CEO of Medicalis.

"With access to this additional growth capital from HLM, we are reinforcing our
leadership position to address the complex needs of the expanding worldwide
radiology market. Medicalis' corporate independence ensures our singularity of focus
to create flexible solutions that complement our corporate partnerships and our
customers' Radiology, CPOE and EMR solutions. Our patented solutions reflect our
dedication and commitment to innovation and improvement. We plan to enhance
our sales and marketing efforts worldwide and believe we can greatly expand the use
of our products and services rapidly."


"We believe Medicalis offers a unique investment opportunity" said Peter Grua, the
HLM partner directing the transaction. "Medicalis is well positioned to capitalize on
the growing market opportunity presented by the increasing reliance by doctors and
hospitals on diagnostic imaging. Medicalis' products enhance patient care through
appropriate test ordering and results review, and also help to deliver clinical
evidence- based guidelines and up-to-date patient medical information to community
and hospital-based physicians at the point of care."
About Medicalis Corporation

Medicalis is a leading provider of health care information technology and decision
support for diagnostic health care. Medicalis delivers web-based clinical and
integration services to physicians, providers and health plans to provide a
coordinated system for order entry, decision support, authorization management,
scheduling, results management and analytics. Medicalis is pioneering efforts that
encode clinical guidelines for use at the point-of-care and address the issues of
unnecessary testing, resource utilization and patient safety. For more information
visit: www.medicalis.com.



About HLM Venture Partners

HLM Venture Partners provides venture capital to emerging companies focused on
health care information technology, health care services and medical technology.
HLM has helped more than 60 privately-held health care companies turn innovative
ideas into market-leading businesses. The company's investment professionals have
over 125 years of collective expertise in the health care industry, an accumulation of
knowledge and experience that is invaluable to the leadership of its portfolio
companies. For more information, visit: www.hlmventurepartners.com


Contacts:

Ron Kelly                                                Peter Grua
Medicalis Corp.                                          HLM Ventures Partners
(519)-579-5454                                           (617)226-0030
Ron.kelly@medicalis.com                                  pgrua@hlmvp.com