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TriZetto's Facets Fast4-ward Program Simplifies and
Accelerates Health Plans' Upgrade to Facets Extended Enterprise
NEWPORT BEACH, Calif. – December 2, 2003 – The TriZetto Group, Inc. (NASDAQ: TZIX) today announced Facets Fast4-ward, a new program designed to help health plan customers upgrade to Facets Extended Enterprise™ (Facets e2™) more easily and quickly. Facets e2, TriZetto’s new enterprise-wide administrative system, increases automation to reduce operational costs; integrates e-commerce functionality to streamline transactions with plan members, physicians, employers and brokers; and provides business functionality to support consumer-driven requirements.
"We created this formalized upgrade assessment program in response to a number of customer requests for upgrade planning assistance," said Tony Bellomo, president of TriZetto’s software unit. "Our Facets Fast4-ward program provides analysis and detailed information about upgrade resources, time and costs, to assist our customers with their financial and manpower budgeting."
In as little as four weeks, TriZetto product consulting specialists will analyze and evaluate a health plan’s business, technical and infrastructure requirements for upgrading to Facets e2. Customers will receive a recommended approach for the upgrade that includes scheduling, project planning, resource requirements, skills assessment and cost estimates.
TriZetto is hosting a one-hour Webinar on Wednesday, December 17, 2003, to provide more details about the Facets Fast4-ward program and other upgrade tools from TriZetto. This is a free event, but advance registration is necessary at the following Web address: http://www.trizetto.com/release/webinarreg.asp.
About TriZetto
The TriZetto Group, Inc. offers a broad portfolio of healthcare information technology (IT) products and services that can be delivered individually or combined to create a comprehensive solution.
The company provides:
- leading proprietary and third-party software, including e-business applications;
- outsourced services, such as software hosting, transaction processing and IT department operations; and
- strategic and implementation consulting.
TriZetto is focused on three healthcare markets: payers, benefits administrators and physician groups. Its more than 400 customers represent approximately 40 percent of the U.S. insured population. Headquartered in Newport Beach, Calif., TriZetto can be reached at (949) 719-2200 or www.trizetto.com.
This press release contains forward-looking statements that involve risks and uncertainties. The forward-looking statements are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include statements about future net revenues, profits, and financial results, the market for TriZetto’s services, future service offerings, client and partner relationships, and TriZetto’s operational capabilities. Actual results may differ materially from those stated in any forward-looking statements based on a number of factors, including the effectiveness of TriZetto’s implementation of its business plan, the market’s acceptance of TriZetto’s services, risks associated with management of growth, reliance on third parties to supply key components of TriZetto’s services, attraction and retention of employees, variability of quarterly operating results, competitive factors, risks associated with acquisitions, changes in demand for third party products or solutions, which form the basis of TriZetto’s service offerings, financial stability of our customers, the ability of TriZetto to meet its contractual obligations to customers, changes in government laws and regulations and risks associated with rapidly changing technology, as well as the other risks identified in TriZetto’s Form 10-K and other SEC filings.
CONTACTS:
TriZetto Media Relations
Audrey Mautner
303-495-7197
audrey.mautner@trizetto.com
Schwartz Communications
Brian Bogie
781-684-0770
trizetto@schwartz-pr.com
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For more detailed information, please call 1-800-569-1222 or click on the link below.
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