Aperture Secures Second Round of Financing From Principal Investor Group; Corporate Turnaround Ahead of Schedule

Apr 17, 2001, 01:00 ET from Aperture Credentialing, Inc.

    LOUISVILLE, Ky., April 17 /PRNewswire/ -- Aperture Credentialing, Inc.
 ("Aperture"), one of the nation's leading provider data management
 organizations, announced today that it has secured a second round of financing
 from its principal investor group.  Aperture received significant financing to
 begin fiscal year 2001 and is well ahead of schedule in executing a turnaround
 plan initiated in late 2000.  As a result of meeting or exceeding all of the
 financial and operational objectives established by the investors for the
 first quarter, Aperture has now received an additional infusion of capital.
     "This new round of financing is an indication of the tremendous confidence
 that our investors now have in Aperture.  Because we have made significant
 improvements and we are well ahead of schedule, our investors wanted to ensure
 that we have enough capital to complete all of our development projects and
 establish Aperture as the premier provider data management company in the
 country," said Robert J. Bunker, Aperture's Chairman and CEO.  "With this new
 round of financing, Aperture is positioned to catapult to the top of our
 industry."
     Jack Tyrrell, Board Member added this: "Aperture has always had tremendous
 potential.  With our corporate restructuring and the hiring of our new
 management team last year, we have been able to move quickly to realize that
 potential.  Aperture's Board sees great things ahead for the company and
 recognizes the importance of continuing to provide the financial resources
 that will enable the company to exceed client expectations."
     Aperture is one of the nation's leading provider data management
 organizations and a recognized source for comprehensive health practitioner
 information.  Incorporated in January of 1997 and headquartered in Louisville,
 Ky., Aperture provides primary source verification services, provider data
 management, and software solutions for some of the nation's largest managed
 care organizations and provider networks.
 
 

SOURCE Aperture Credentialing, Inc.
    LOUISVILLE, Ky., April 17 /PRNewswire/ -- Aperture Credentialing, Inc.
 ("Aperture"), one of the nation's leading provider data management
 organizations, announced today that it has secured a second round of financing
 from its principal investor group.  Aperture received significant financing to
 begin fiscal year 2001 and is well ahead of schedule in executing a turnaround
 plan initiated in late 2000.  As a result of meeting or exceeding all of the
 financial and operational objectives established by the investors for the
 first quarter, Aperture has now received an additional infusion of capital.
     "This new round of financing is an indication of the tremendous confidence
 that our investors now have in Aperture.  Because we have made significant
 improvements and we are well ahead of schedule, our investors wanted to ensure
 that we have enough capital to complete all of our development projects and
 establish Aperture as the premier provider data management company in the
 country," said Robert J. Bunker, Aperture's Chairman and CEO.  "With this new
 round of financing, Aperture is positioned to catapult to the top of our
 industry."
     Jack Tyrrell, Board Member added this: "Aperture has always had tremendous
 potential.  With our corporate restructuring and the hiring of our new
 management team last year, we have been able to move quickly to realize that
 potential.  Aperture's Board sees great things ahead for the company and
 recognizes the importance of continuing to provide the financial resources
 that will enable the company to exceed client expectations."
     Aperture is one of the nation's leading provider data management
 organizations and a recognized source for comprehensive health practitioner
 information.  Incorporated in January of 1997 and headquartered in Louisville,
 Ky., Aperture provides primary source verification services, provider data
 management, and software solutions for some of the nation's largest managed
 care organizations and provider networks.
 
 SOURCE  Aperture Credentialing, Inc.