MedCom USA Receives Nasdaq Notice Regarding Listing

Apr 17, 2001, 01:00 ET from MedCom USA, Inc.

    IRVINE, Calif., April 17 /PRNewswire/ -- MedCom USA (Nasdaq: EMED), a
 leader in the healthcare information technology field, announced today that it
 received a Nasdaq Staff Determination on April 12, 2001 indicating that the
 Company fails to comply with the minimum bid price requirement for continued
 listing on the Nasdaq SmallCap Market (Marketplace Rule 4310(c)(4)) and that
 its securities are therefore subject to delisting.  The notice was triggered
 solely by the fact that the Company's common stock has traded below one dollar
 for thirty consecutive trading days.  MedCom believes it meets all other
 requirements to maintain its listing on the SmallCap Market System.
     The Company has requested a hearing before a Nasdaq Listing Qualifications
 Panel to review the Staff Determination.  While there can be no assurance that
 the Panel will rule in the Company's favor, MedCom's management believes that
 there are persuasive arguments for continued listing.  The Company also
 announced that it has received sufficient shareholder votes to effect a
 reverse stock split in order to comply with the minimum bid price requirement.
 The Company's common stock will continue to be traded on the Nasdaq SmallCap
 Market System pending a final decision by the Nasdaq Qualifications panel.
 
     About MedCom USA
     MedCom USA, Inc. provides innovative technology based solutions for the
 healthcare industry that help the users to efficiently collect, utilize,
 analyze and disseminate data from payers, providers and patients.  The
 Company's healthcare business units include: Internet Healthcare Solutions
 (IHS) Center which provides ASP (Application Service Provider) through the
 Health Internet Gateway (HIG) as well as SSP (Storage Service Provider)
 solutions that meet the information outsourcing needs of healthcare provider
 and payor organizations, and MedCard, an easy to use, cost effective solution
 for physicians, clinics and hospitals that offers on-line verification of
 insurance eligibility, electronic referrals, 100% paperless claims processing,
 patient easy pay and credit and debit card processing.  MedCom's corporate web
 address: www.medcom.net .
     MedCom and MedCard are trademarks of MedCom.
 
     Contacts: National Financial Network, Geoffrey Eiten, 781-444-6100 or
 800-640-2656, ext. 613; Fegen & Associates, Nick Fegen, 515-223-6296 or Kent
 Barghols, 515-331-2636.
 
     This release contains forward-looking statements that are subject to risks
 and uncertainties, including statements concerning future financing plans and
 strategies.  The risks and uncertainties include, but are not limited to, the
 continued listing on the Nasdaq SmallCap Market System and other risks
 detailed from time to time in the Company's filings with the Securities and
 Exchange Commission.
 
 

SOURCE MedCom USA, Inc.
    IRVINE, Calif., April 17 /PRNewswire/ -- MedCom USA (Nasdaq: EMED), a
 leader in the healthcare information technology field, announced today that it
 received a Nasdaq Staff Determination on April 12, 2001 indicating that the
 Company fails to comply with the minimum bid price requirement for continued
 listing on the Nasdaq SmallCap Market (Marketplace Rule 4310(c)(4)) and that
 its securities are therefore subject to delisting.  The notice was triggered
 solely by the fact that the Company's common stock has traded below one dollar
 for thirty consecutive trading days.  MedCom believes it meets all other
 requirements to maintain its listing on the SmallCap Market System.
     The Company has requested a hearing before a Nasdaq Listing Qualifications
 Panel to review the Staff Determination.  While there can be no assurance that
 the Panel will rule in the Company's favor, MedCom's management believes that
 there are persuasive arguments for continued listing.  The Company also
 announced that it has received sufficient shareholder votes to effect a
 reverse stock split in order to comply with the minimum bid price requirement.
 The Company's common stock will continue to be traded on the Nasdaq SmallCap
 Market System pending a final decision by the Nasdaq Qualifications panel.
 
     About MedCom USA
     MedCom USA, Inc. provides innovative technology based solutions for the
 healthcare industry that help the users to efficiently collect, utilize,
 analyze and disseminate data from payers, providers and patients.  The
 Company's healthcare business units include: Internet Healthcare Solutions
 (IHS) Center which provides ASP (Application Service Provider) through the
 Health Internet Gateway (HIG) as well as SSP (Storage Service Provider)
 solutions that meet the information outsourcing needs of healthcare provider
 and payor organizations, and MedCard, an easy to use, cost effective solution
 for physicians, clinics and hospitals that offers on-line verification of
 insurance eligibility, electronic referrals, 100% paperless claims processing,
 patient easy pay and credit and debit card processing.  MedCom's corporate web
 address: www.medcom.net .
     MedCom and MedCard are trademarks of MedCom.
 
     Contacts: National Financial Network, Geoffrey Eiten, 781-444-6100 or
 800-640-2656, ext. 613; Fegen & Associates, Nick Fegen, 515-223-6296 or Kent
 Barghols, 515-331-2636.
 
     This release contains forward-looking statements that are subject to risks
 and uncertainties, including statements concerning future financing plans and
 strategies.  The risks and uncertainties include, but are not limited to, the
 continued listing on the Nasdaq SmallCap Market System and other risks
 detailed from time to time in the Company's filings with the Securities and
 Exchange Commission.
 
 SOURCE  MedCom USA, Inc.