News | March 19, 2007

Document Archiving: Major U.S. Healthcare Insurance Organization Selects Xenos d2e To Meet Critical Document Archive Compliance Requirements

Source: Xenos Group, Inc.

Xenos Group Inc. (TSX: XNS) has been selected by a major U.S. healthcare insurance organization to complete a major regulatory compliance initiative. The contract for Xenos d2e™ transformation and repurposing software and implementation services is worth in excess of CDN$650,000.

The customer required a solution that presented all documents for Explanation of Benefits (EOB), Remittance Statements (REMITS), and Insurance Claim Documents (CLAIMS) in Tagged Imaged File Format (TIFF) so that they could be natively viewed by a Windows operating system.

In order to meet the compliance requirements, the customer needed to convert all historical documents from IBM AFP format into TIFF format. It also required the documents be indexed for sorting and retrieval based on index information. To maintain future compliance, Xenos has provided a system that enables the capture, index extraction, transformation and loading of all EOB, Remits, and Claims documents for storage into a 70 terabyte compliance repository.

"Our customer was able to meet its compliance obligations within the very strict timelines of the project with an optimum architecture and rapid implementation provided by Xenos consultants", said Paul Walker, Executive Vice President of Xenos.

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About Xenos
Xenos (TSX: XNS) high-performance data and document management solutions liberate information trapped in proprietary systems and incompatible repositories. Xenos enables its customers to power their information supply chains with increased efficiency, agility and accountability by transforming and repurposing documents and data. Achieve adaptability, a powerful competitive advantage—without re-engineering your existing legacy applications.

Xenos solutions are embraced worldwide across a wide variety of industries including financial services, insurance, healthcare, telecommunications, manufacturing, logistics, transportation, retail and government sectors. A majority of Xenos' customers are among the Fortune 1000 or Global 500 leaders. Xenos has offices in Canada, the United States, the United Kingdom and France and sells and supports its solutions through a global network of resellers and partners.

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Source: Xenos Group, Inc.