Raman Kumar to be Honored at the 11th Annual Maryland International Business Leadership Awards

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Founder and Chairman of CBaySystems and Services, Inc., Raman Kumar, will be honored with the prestigious Maryland International Business Leadership Award on Thursday, March 29, 2007. The award is presented annually to an individual within a Maryland company who has led his or her company to new global heights, demonstrating an entrepreneurial spirit, determination, creativity, and the cultural sensitivity that global business demands.

Mr. Kumar's impressive accomplishments and strong track record of growth make CBaySystems an exemplary model for other Maryland firms on the global horizon

The World Trade Center Institute will host this annual event at the Jim Rouse Visionary Center in Baltimore. The event has become a true must-attend for the "who's who" of Maryland's international business community, drawing 400 area business leaders and senior government officials.

"Mr. Kumar's impressive accomplishments and strong track record of growth make CBaySystems an exemplary model for other Maryland firms on the global horizon," said Mark Davis, Director of Business Development for the World Trade Center Institute.

Of Maryland's 150,000 companies, CBaySystems, a provider of outsourced medical transcription services and six other firms have been selected as Maryland's exemplary International Leadership Award winners for 2007. These include: Fred Festa, President and CEO, W.R. Grace; Barbara Keating, Founder and CEO, Computer Frontiers; Jaap Meijer and William Swayne, Chairman and President respectively, Holmatro USA; Mark Ronald, Chairman, BAE Systems, Inc.; Jerald Sadoff, President and CEO, Aeras Global TB Vaccine Foundation; and Daniel Spack, Junior Vice President, Evergreen Shipping Agency (America) Corporation.

In addition to these awards, Maryland Governor Martin O'Malley will present a special Governor's International Leadership Award to Raymond A. "Chip" Mason, Chairman and CEO of Legg Mason, Inc.

"I am very excited to have been selected for this honor on behalf of the CBaySystems family," said Mr. Kumar. "Our team's ability to successfully combine innovative technology with global resources has made a significant impact on the healthcare industry - improving quality while reducing costs. By assisting with important functions like healthcare billing, medical transcription, practice and receivables management, we have made it possible for Doctors and Health Information Managers to focus their efforts on what they do best -- take care of patients."

Today, CBaySystems services thousands of leading hospitals, healthcare networks, medical clinics, and physician practices, including some of the most prestigious institutions in the world for healthcare billing services.

About the World Trade Center Institute

Established in Baltimore in 1989 to help connect Maryland to the globe, the World Trade Center Institute is Maryland's premier global business partner. Our members and program participants benefit from valuable international business training, global connections, and customized consulting. With extensive global reach via 300 fellow World Trade Centers around the world, WTCI operates as a private, non-profit organization. Visit wtci.org for more information.

About CBaySystems (http://www.cbaysystems.com)

CBaySystems and Services Inc. is a leading provider of healthcare information technology and business process outsourcing (BPO) services and one of the largest providers of transcription services to the healthcare industry. CBay delivers fully integrated transcription, patient financial services and technology enabled business solutions that improve processes, lower costs, and ultimately help hospitals and physicians to provide superior patient care. Using HIPAA-compliant web-based technologies, CBay's more than 5,000 highly credentialed medical language specialists and customer service professionals deliver the highest quality medical documentation to thousands of clients.

Since 1998, CBay has been serving major health systems, hospitals, clinics, and physician practices 24 hours a day, 365 days a year -- always with a commitment to the highest standards of quality and customer service. The company has been acknowledged by some of the industry's leading publications and ratings institutions, including Forbes.com -- Ten to Watch, Healthcare Informatics 100, Deloitte Technology Fast 500, and Inc. Magazine. CBay is headquartered in Annapolis, Maryland. For more information, visit http://www.cbaysystems.com.


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