PREMIER INC. SELECTS ACTIO CORPORATION FOR MSDS MANAGEMENT

Agreement enables an outsourced JCAHO compliant chemical management service

Hampton, New Hampshire, November 29, 2001--- Actio Corporation today announced it was awarded a contract with San Diego, CA-based Premier, Inc., one of the nation’s leading strategic alliances of hospitals and healthcare systems. Under the terms of the agreement, Actio will offer MSDS Vault, a JCAHO compliant web-based MSDS content management solution, to Premier’s nationwide network of prominent hospitals and healthcare facilities. Actio Corporation, the leading ASP of web based MSDS management and regulatory compliance reporting, has begun supporting Premier’s member hospitals and healthcare facilities with MSDS Vault’s complete, on-demand chemical safety information management services. MSDS Vault™ features IntelligenTEXT, a format that manages the content of an MSDS so that it can become the key source for chemical information within a hospital. A Premier member or affiliated hospital can run a “smart-search” on any word or phrase across their entire list of IntelligenTEXT™ MSDS and find the requested information in a visually pleasing standardized format. Unlike software applications that require installation and IT resources the IntelligenTEXT MSDS is viewed using an industry standard browser and can be rapidly accessed through a dial-up connection. “Premier’s member hospitals and healthcare facilities will achieve greater cost efficiencies and full scale regulatory compliance when re-allocating their MSDS management and maintenance burden with Actio’s MSDS Vault,” said Russ McCann, the company’s President. “Not only will these facilities completely address all associated compliance management and reporting issues, they will immediately address the pressing needs of all health care professionals for on-demand access to real-time, appropriate and reliable chemical safety information with our one-click solution.”

“Premier continues to seek opportunities to improve safety and support its member hospitals in meeting JCAHO regulatory compliance”, said John Renquist, Director, Facilities Contracting. “Actio’s MSDS management provides our members an efficient and cost effective online solution for managing chemical safety information and meeting these requirements”. MSDS Vault provides a completely customized chemical information library for each of Premier’s member facilities. The MSDS Vault database is routinely updated with manufacturer revisions and modifications ensuring that each Premier facility has universal access to the most up-to-date MSDS information. Actio’s web-based MSDS management, secures for Premier members, direct access into their MSDS Vault without either hardware purchase or software installation, providing an efficient and effective foundation for hazardous communication throughout member hospitals and facilities. The uniform appearance of IntelligenTEXT MSDS ensures that hospital personnel can find the information they need where they expect to find it.

About Premier

Premier, Inc. is a leading strategic alliance in U. S. healthcare. Premier is entirely owned by more than 200 of the nation’s leading hospital and healthcare systems. Aggregately, these systems operate or are affiliated with more than 1,800 hospital facilities in 50 states and hundreds of other care sites. The Premier family of companies provides an array of resources supporting health services delivery. Among these resources are comprehensive supply chain management services, including group purchasing for more than $14 billion annually in supplies and equipment, with e-commerce enablement by medibuy.com. Other resources offered by Premier are insurance programs, performance improvement services of many kinds including healthcare informatics, clinical technology services, and physician practice management services. Premier is headquartered in San Diego, Calif., with other major facilities in Chicago, Ill., and Charlotte, N. C. Advocacy and policy offices are located in Washington, D. C. For more information, visit www.premierinc.com.

About Actio Corporation

Since 1996, Actio has been helping companies and millions of their employees, in a wide range of industries, cost-effectively manage the complexities surrounding the use of chemicals in the workplace. Actio is a leading business service provider for chemical lifecycle management. Our chemical management portfolio manages all phases of the chemical life cycle, enables corporations to use a "best practices" approach to chemical handling and manages the regulatory requirements surrounding the use of chemicals in the workplace. For more information about Actio Corporation, visit www.actiocms.com.

MSDS VAULT, ACTIO REGULATOR and INTELLIGENTEXT are registered trademarks of Actio Corporation. MSDSXCHANGE, ACTIO GATEKEEPER, MSDS VAULT LABELMAKER are trademarks of Actio Corporation 2004. All Rights Reserved. Other trademark names are used only in an editorial fashion, and to the benefit of the trademark owner, with no intention of infringement of the trademark.

COMPANY CONTACT:
Russ McCann 603-929-2110
rmccann@actio.net