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Medcom USA, Inc. 7038 E. 5th Avenue Phone: (949) 466-1534 Scottsdale, AZ  85251  United States Ticker: EMED

Business Summary MedCom USA, Incorporated was providing telecommunications services. During the year ended December 31, 1996, the Company introduced four programs to broaden the Company's product and service mix: cellular telephone activation, sale of prepaid calling cards, sale of long distance telephone service and rental of cellular telephones using an overnight courier service. With the exception of the sale of prepaid calling cards and cellular telephone activation the other programs were discontinued in December 1997. During the fiscal year ended June 30, 2008, the Company redirected its operations and moved into the area of medical information processing. In September 2008, the Company acquired PayMed USA, LLC and Absolute Medical Software Systems, LLC. In April 2009, the Company filed the involuntary Chapter 11 bankruptcy petition with the United States Bankruptcy Court in Phoenix.

Financial Information Financial Ratings: Z'' Score  FRISK Score Latest Financial Statements and Analyses: 12/31/2008    Annual Financials    Quarterly Financials     Current Fiscal Period: 2Q 2009 Fiscal Year End: December Last Audit: 6/30/2008 Auditors: Jewett, Schwartz, & Associates Audit Opinion: Unqualified with Explanation Public Filings: Tax Liens     SEC Filings: Management Discussion & Analysis    Full Filings

Industries Type Code Description Sector TECHNO Technology Industry CMPSRV Computer Services SIC 4813 Telephone Communications, Except Radiotelephone 7375 Information Retrieval Services 5999 Miscellaneous Retail Stores, Not Elsewhere Classified 7374 Computer Processing And Data Preparation And Processing Services 5046 Commercial Equipment, Not Elsewhere Classified 7372 Prepackaged Software NAICS 446199 All Other Health and Personal Care Stores 51121 Software Publishers

Management Title Name Age Title Date Start Date Chairman of the Board, President, Chief Executive Officer Robert Kite 55 6/25/2009 9/1/2008 Treasurer, Secretary Pamela J. Thompson 46 4/21/2009 2/19/2009

Business Names Business Name Absolute Medical Software Systems, LLC Card Activation Technologies, Inc. Medcom USA, Inc. PayMed USA, LLC

General Information Number of Employees: 13 (As of 6/30/2008) Outstanding Shares: 102,753,193 (As of 2/17/2009) Shareholders: 789 (As of 6/30/2008) Stock Exchange: OTC Federal Tax Id: 650287558

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