Zavata Announces New Management Additions

Business Wire, March 9, 2006

ATLANTA -- Zavata, a healthcare focused Business Process Outsourcing (BPO) Company, has announced some exciting management additions and changes within its organization, to better help the Company position itself within its vertical market focus and to further enhance its customer-focused service organization. The Company, whose Fiscal Year end is March 31, is positioning itself for a possible public listing and aggressive growth in the coming FY 2007 and these management additions and changes will help support the achievement of these objectives.

"I am very optimistic and confident regarding Zavata's success in the coming year," says Satish Sanan, Chairman and CEO of Zavata. "Now that we have completed our vision of adding world-class, comprehensive service capabilities for both the payor and provider market, we have focused on enhancing our management team to create the necessary breadth and experience to bring Zavata to the next level. I am pleased to announce the following additions and promotions within our senior management team:

Appointment of Michael Dean, as Zavata's Chief Financial Officer (CFO). I am very excited to announce the addition of Michael Dean to our senior management team as our new CFO. Michael is a very seasoned executive who I have worked with for many years, as the public CFO of IMRGlobal (Nasdaq: IMRS), the Company that I previously founded. He will be coming on board to work with Zavata to drive greater efficiencies within our operations and to help position the Company for a financial listing in the coming year.

Appointment of Brad Hughes as the Senior Vice President and General Manager of the RCMS Business Unit (BU) in charge of both sales and operations. Brad comes to Zavata with a great depth of experience in the healthcare provider market, having worked in various senior management positions, leading sales and operations for over 25 years at companies including Shared Medical Systems Corp. (SMS) and Siemens, Inc. Brad's industry expertise and customer-focused vision for the RCMS division will further help Zavata improve the quality of the operations from this recent acquisition, and to add new service capabilities to Zavata's provider portfolio.

Appointment of Tim Dewey as Senior Vice President and General Manager of the Enterprise Solutions Business Unit, reporting directly to me. Given Tim's wealth of experience in the technical help desk and customer service industry, he is an ideal candidate to help drive both the sales and operations of this BU. Tim has been with Zavata for over seven years in various management roles with progressively more responsibility, and knows the Company's operations and customers intimately. Tim has already made great strides in improving this BU's operations and quality of delivery, and his vision for this BU was a key factor in Zavata's recent success of obtaining a Leadership position in Gartner, Inc.'s Magic Quadrant for Help Desk Outsourcing.

Appointment of Ram Davaloor as Senior Vice President and General Manager Healthcare Payor Business Unit. Ram was Chief Operating Officer of the Healthcare Payor BPO acquisition, Symphony Data, acquired by Zavata in February, 2005. Through his many years of experience in building this successful company, Ram has become intimately familiar with the Payor industry. Ram will report directly to me as leader of the Healthcare Payor BU's sales and operations."

About Zavata, Inc.

Zavata is a business process outsourcing (BPO) company that provides technology enabled BPO services and solutions to healthcare payors and providers, the insurance and corporate sector, as well as government and public health agencies. The company delivers end-to-end services and solutions, including Healthcare Revenue Cycle Management, Healthcare Administration, Medical Management, PPO Network Management and Database Management, Customer Relationship Management and Technical Help Desk Services, Business Process Re-engineering/ Consulting Services, and Healthcare and Help Desk Education and Certification courses, via a blended shore delivery model. Our unique integration of experienced professionals, process optimization services and technology-enabled solutions gives our customers exceptional value. With over 1,200 world-wide customers, including healthcare PPOs, HMOs, TPAs, and MGUs, insurance companies, government agencies, and other corporate enterprises, benefit from Zavata's services with improved profitability, increased productivity and quality, as well as reduced cycle time. Headquartered in Atlanta, Georgia, Zavata was founded in 1995 and now employs approximately 800 process-certified professionals, across the U.S. and abroad.

Financial Information

In 2003, entrepreneur Satish Sanan, Mellon Ventures and BV-Cornerstone Ventures, LP (BV-CV) made a strategic investment in Zavata. A year later, Zavata acquired HPS Paradigm, Inc., to augment its healthcare administrative services. In mid-2004, additional funding was secured from WestBridge Capital Partners to strengthen the company's growth strategy. Zavata acquired India-based Symphony Data in February 2005 to provide a blended shore delivery model for customers and to further strengthen the company's BPO services to the healthcare marketplace, specifically to PPOs, HMOs, TPAs, and MGUs. To date Zavata has raised approximately $80 million in venture funding from its world-class investor group.