Versata's Portfolio Expanded with Acquisition of Compressus, Inc.

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Investment in Customer Success is Key Priority Post-Acquisition

An affiliate company of Versata Enterprises, Inc. (Versata), a leading provider of enterprise software solutions, announced the acquisition of Compressus, Inc., a transformational leader in interoperability and workflow solutions for the rapidly growing healthcare IT market.

Compressus MEDxConnect is a software solution that enables the use of patient information throughout the healthcare organization. MEDxConnect anticipates clinician and administrator requirements and presents relevant electronic patient information, clinical data, lab results and medical images for review, analysis and treatment at the point of care. MEDxConnect is the foundation for clinical business integration in the healthcare enterprise.

Versata is excited about the addition of Compressus MEDxConnect to its portfolio as it fits perfectly into the strategy of acquiring best-of-breed software solutions that hold the potential for further growth through increased investment and an obsessive focus on customer success. Versata will operate Compressus as a stand-alone entity with a dedicated customer success and product team. Compressus joins the Versata portfolio consisting of multiple enterprise software companies acquired and integrated over the past ten years. Integration will begin with implementation of Versata's Customer Success program, designed to emphasize Versata's intense focus on successful customer relationships and alignment of product development investments with customer priorities.

Versata veteran Leela Kaza will assume the role of CEO of Compressus and is looking towards the future for the current customer base. "The acquisition provides an outstanding path forward for Compressus customers and products. We will immediately increase operational capacity through our ability to leverage the global operations and world-class support capabilities of Versata,” said Kaza.

About the Versata Family of Companies
With a global presence covering 45 countries, Versata solves complex business problems for the world's largest organizations. Versata distinguishes itself in the software industry by focusing on customer priorities as driven by value delivered. Versata's market-leading Customer Success Program ensures customer involvement in product decisions and business priorities and provides opportunities for customers to score Versata's performance against commitments. Versata's world-class engineering capability ensures substantive and valuable product releases, continuous innovation, and repeatable value propositions.

About Compressus, Inc.
Established in 2000, Compressus Inc. is a medical software company offering proven interoperability solutions to the rapidly growing healthcare IT market. Its products are designed to dramatically improve physician efficiency, reduce enterprise costs and increase patient safety. Compressus is particularly concerned with solving problems associated with integrating healthcare enterprises plagued by a lack of connectivity and interoperability among disparate islands of healthcare IT solutions, including clinical (EMR, HIS, RIS, PACS) and business (billing, registration, patient tracking), among others.

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Teri Smart
Versata
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