Ramp Corporation

Healthcare technology developer announces business strategy updates

Published in Physician Business Week, August 10th, 2004

Andrew Brown, CEO and president of Ramp Corporation (AMEX:RCO), announced that in conjunction with a recently completed $4.2MM financing, Ramp is in the process of refining its physician marketing initiatives and revising its core technology integration efforts.

The combination of business updates has allowed for an overall staff reduction of 33%, yielding a significant lowering of monthly expenses and improvement in the company's financial condition. At the same time, Ramp has decided to indefinitely delay the commencement of operations for its wholly owned LifeRamp Family Financial subsidiary, allowing Ramp to focus all of its current resources on the deployment of...

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Source: Physician Business Week (2004-08-10)

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