Thursday, July 20, 2006

Synergy Software Development Inc. Issues a Letter of Intent to Acquire Medical Transcription Services

Business Editors/Health/Medical Writers/High-Tech Writers

BOCA RATON, Fla.--(BUSINESS WIRE)--April 20, 2004

Synergy Software Development Inc. (Pink Sheets:SGYS), is proud to issue a letter of intent for the acquisition of Medical Transcription Services Inc., a leading provider of medical transcription services in the southeastern United States.

"The acquisition of Medical Transcription Services will augment `Evolution,' our current healthcare offering, with the quality of their product and by incorporating their existing client base of hospitals and healthcare providers with our own," commented Dr. Todd Hanson, CEO of Synergy Software.

"I believe this merger is in alignment with Medical Transcription Services' goals and business mission. Our product will be able to enhance Synergy's `Evolution' and will improve the quality of medical care to our ongoing and future healthcare customers," says Philip Scanlon, CEO of Medical Transcription Services.

Medical Transcription Services is designed to save medical professionals time, improve the quality of patient care, and reduce the risk of medical professional liability claims.

Synergy Software Development Inc. (SGYS), located in Boca Raton, FL, is defined as a secure applications software development business specializing in the healthcare industry. Synergy's advanced clinical information technology was developed specifically for use by hospitals, physician groups, private practitioners and other healthcare providers.

Synergy Software Development Inc. has revolutionized the way in which patient information is made available in the healthcare industry. With Synergy's "Evolution" product, healthcare providers are able to maintain a continuous level of high-quality care and information, with the additional benefit of reducing unnecessary expenditures. All of the Synergy applications adhere to HIPPA guidelines.


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