CBORD Awarded MedAssets Supplier Contract

For Immediate Release

Ithaca, New York—The CBORD Group, Inc., the leading provider of food and nutrition management solutions, cashless card systems, and integrated security solutions to healthcare facilities and colleges and universities, announced that MedAssets Supply Chain Systems awarded CBORD^® a supplier contract, effective September 1, 2009.

MedAssets' members and affiliates can benefit from preferred pricing on CBORD's foodservice management and transaction processing systems through August 31, 2012. CBORD's solutions can improve operational efficiencies, reduce food cost, generate revenue, and increase patient safety and satisfaction.

Said Tim Tighe, CBORD's President and CEO: "We are proud of our selection by MedAssets, and we look forward to working with their members and affiliates."

"CBORD provides innovative, quality food and nutrition services systems," said Mark Miriani, president of MedAssets Supply Chain Systems. "CBORD solutions will bring our clients exactly what is needed as our provider clients seek ways to control costs and increase revenues."

About The CBORD Group

The CBORD Group serves healthcare facilities, colleges and universities, chain restaurants, supermarkets, continuing care facilities, corporations, and a host of other market segments. CBORD's products are used in food service, catering, nutrition services, online ordering, cashless dining, campus ID card privilege control, access control, integrated security, housing services, and other institutionwide activities. The CBORD Group serves more than 6,000 clients in the U.S., Canada, Europe, South Africa, the Middle East, New Zealand, and Australia.

The CBORD Group was founded in 1975. Today it employs more than 450 professionals. To learn more about CBORD, visit us at www.cbord.com.

About MedAssets

MedAssets partners with healthcare providers to improve their financial strength by implementing spend management and revenue cycle solutions that help control cost, improve margins and cash flow, increase regulatory compliance, and optimize operational efficiency. MedAssets serves more than 125 health systems, 3,300 hospitals, and 30,000 non-acute care healthcare providers.

“Phenomenal! It has been a wonderful, gratifying experience. It [Room Service] is a very positive component in the total patient experience.”

— Joan Dolezal
The University of Iowa Health Care