Press Release: PolicyTech Achieves Record Growth in Q4 '09... Again.

FOR IMMEDIATE RELEASE

PolicyTech Achieves Record Growth in Q4 '09... Again.

Rexburg, Idaho (February 24th, 2010): Policy Technologies International, Inc. (PolicyTech), a leading provider of policy and procedure management software, enjoyed significant wins during the fourth quarter of its fiscal year 2009.  Wins included 15% growth over Q4, 2008 record setting performance and a successful launch of a new SaaS licensing option.   

Selected customers of Q4 2009 include:

Archer Daniels Midland, Virginia Premier Health Plan Inc., ArchCare, Lakeview Hospital, Toyota Boshoku America, HCA Rocky Mountain Division, 1st Farm Credit Services, El Paso County Department of Health, Lennox & Addington County General Hospital, SMART (Discovery House Group), HCC International, Androscoggin Home Care and Hospice, Alexian Brothers Health System, City of League City Police Department, St. John's Medical Center, Carney Inc., NeoSystems Corp., Terrebonne General Medical Center, Commcare, Savannah College of Art, and Arizona Public Service.

PolicyTech experienced remarkable growth during Q4

Despite a slow economy, 15% growth over last year's Q4 was achieved. Plus, PolicyTech set a record high for monthly revenue on top of annual revenue growth over 2008.

"We're thankful that our customers have acknowledged the need of our product during challenging times. Due to the economy, we understand our customers and prospects have different needs," said Rob Tietjen, CEO of PolicyTech. "Our team is continually strategizing how we can deliver solutions and options that overcome these challenges, regardless of the economy, and help them achieve better policy management results. Our new Software-as-a-Service option was born from these efforts."

Companies are already taking advantage of PolicyTech's new SaaS licensing option

"We found  PolicyTech to have a succinct and clear offering compared to their competitors. Additionally, we discovered they were endorsed by the American Hospital Association which provided additional comfort", said Joel Bradley, Director of Information Technology with Laurens County Health Care System. "Their SaaS option was also priced very competitively. We wanted a SaaS solution because we work from more of an outsourcing type model. It was a very easy project... very little resources needed to be utilized on our part."

The Policy & Procedure Manager® (PPM) software package is designed to simplify the complex process of managing policies and procedures. The primary reasons customers select PPM include its ability to simplify compliance audits, user-friendly interface, ease of management oversight, and acceleration of document review and approval process.

About PolicyTech

Policy Technologies International, Inc. (PolicyTech) is a leading developer and supplier of policy and procedure management software for all industries including healthcare, banking, corporate, education, and non-profit systems. PolicyTech is rapidly expanding its client base world-wide as it helps ensure best practices and quality management. PolicyTech is profitable, debt-free, and has seen significant growth over the past five years while providing organizations with policy and procedure management software and pre-written content.

For additional information on PolicyTech and Policy & Procedure Manager software, contact Joshua Perry or visit http://www.policytech.com.

Contact:
Josh Perry, Correspondent
Policy Technologies International, Inc.
208-359-8123 ext. 440
marketing@policytech.com
http://www.policytech.com

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