Dismed Becomes the Latest Supplier to Join iCongo's MediChain Electronic Document Exchange Platform

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Dismed quickly able meet the increased demand for Dismed products without adding significant costs to supply chain operations.

iCongo Inc., a North American leader in e-commerce solutions, today announced that Dismed Inc., Quebec's leading distributor of medical supplies, has joined the MediChain e-procurement platform. MediChain, (http://www.medichain.com) developed and operated by iCongo Inc., is an e-commerce solution that seamlessly integrates diverse healthcare and supplier Enterprise Resource Planning (ERP) systems. MediChain provides a platform that allows partners to connect their systems over the Internet and to easily exchange documents related to the procurement cycle.

Through MediChain, Dismed will enable its healthcare customers in Quebec to electronically purchase items from Dismed's extensive line of medical products using MediChain's web forms and EDI document exchange system. Dismed will be exchanging all purchasing related documents, including personalized product catalogs, purchase orders and purchase order acknowledgments.

The web forms allow Dismed to rapidly confirm the purchase order and if required, to indicate price changes and items that are backordered as well as the expected delivery dates.

Serge Varin, Dismed's Director of Supply Chain, says the decision to join MediChain was driven by its customer's increasing use of e-commerce to streamline their supply chain operations through process automation. "Many of our hospitals and healthcare customers are already participating on the MediChain Platform," said Varin. "Moreover, since we are able to immediately begin procuring business through MediChain, we will be able to quickly meet the increased demand for Dismed products without adding significant costs to our own supply chain operations."

"We are pleased that Dismed is transacting electronically with hospitals through MediChain and that they are taking advantage of our EDI document exchange system, as well the use of our web forms," said Irwin Kramer, President and CEO of iCongo Inc., the developer and operator of MediChain. "We are glad to be able to provide Dismed with the flexibility to be able to immediately service and satisfy their customer's procurement needs by leveraging our proprietary web form technology prior to completing a full system integration."

About iCongo, Inc.

iCongo, Inc. is a leading provider of hosted e-business systems, solutions and services for a wide range of business and consumer applications. iCongo's core technology is the ICE3 (iCongo Collaborative Exchange) collaborative supply chain enablement platform that allows companies and organizations to collaborate with one another, transact business online with their trading partners and to use iCongo's marketing tools suite to communicate with their trading partners and potential customers, employees and others.

About MediChain

MediChain is a fully integrated EDI Document Exchange and e-procurement platform for healthcare establishments. It was established in collaboration with iCongo, Inc. and the Quebec Healthcare Procurement and Logistics Association (AQLASS) to improve efficiency and reduce procurement costs for the Quebec healthcare industry. Through MediChain, hospitals and other healthcare establishments can eliminate the need to use phone, fax and mail, as well as other manual procedures to place and track purchase orders. MediChain streamlines the entire purchase cycle, from creation of the purchase order to the receipt of goods and invoices generation. This results in improved order accuracy and substantially reduced supply chain costs for all involved.

About Dismed Inc.

As Québec's leading distributor of medical supplies, Dismed offers a comprehensive range of over 75,000 products and medical equipment, including several exclusive products, from more than 200 suppliers. Dismed can thus meet all the needs of hospitals and other health care institutions. Over the past 25 years, Dismed has earned a reputation for excellence in the health care network thanks to a highly qualified team that places its combined talents at the service of over 2,500 clients throughout Québec.

For more information on iCongo-MediChain or Dismed, please contact:

Steven Kramer

iCongo, Inc.

Tel: 514.866.2664 ext. 203

Serge Varin

Dismed Inc.

Tel: 514-355-4711 ext.3509

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