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Chennai based FrontPoint Systems has entered into a
technical collaboration with Phybiz Inc of the USA to
work jointly on Health Insurance Patients Assurance (HIPA))
compliant software. Speaking to The New Indian Express,
Sanjay Shroff, CEO, Front Point Systems said, "Our
collaboration has resulted in our bagging a $200,000
contract already." The HIPA Act is expected to come
into effect by 2003 in the United States. It requires
medical institutions and physicians to move to a
"standard software system." Sanjay Shroff
said, "FrontPoint is actively trying to obtain
Federal contracts for HIPA compliant software." He
added that the company was also interested in developing
Customer Relationship Management (CRM) software for the
telecom sector. " We plan to target overseas
markets in this regard," he said....
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...FrontPoint
Systems has initiated work with an Italian company. Mapi
Controls, which will "market an ASP model for the
electrical goods market." Mapi Controls, a
wholesaler, plans to market the model such that 60
retailers in Italy are targeted initially, said Shroff.
"After that, there are plans for expansion into the
German and French markets, " he added. The
company's plans to develop and market customized
solutions for Small and Medium Enterprises (SME's) have
failed to create a stir in the market. Shroff said,
"Many enterprises have evinced interest but the
cost factor has kept them away." The average
selling price of these solutions is around Rs.10 lakh,
added Shroff. FrontPoint Systems has developed the
website for Southern Railway as also a health and
medicine portal, medindia.....
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