NEWS RELEASE
For Immediate Release

Contact:

Jaime Saeger
Marketing Director
+1 (813) 875-7575 x320
marketing@jpg.com
Pegasus Imaging Corporation
4001 N. Riverside Drive
Tampa, FL 33603 USA
www.pegasusimaging.com


APPLICARE MEDICAL IMAGING RENEWS COMPRESSION TECHNOLOGY LICENSE WITH PEGASUS IMAGING CORPORATION

TAMPA, FL, March 20, 2001 - Software vendor Applicare Medical Imaging has renewed and extended its current agreement with Florida based Pegasus Imaging Corp. to incorporate its wavelet and JPEG image compression and decompression technology into its WebViewing and RadWorks™ product line. This renewal extends the relationship for three years.

According to Kitty Vreeswijk, director of marketing and sales at Applicare, "Pegasus compression technology is an important component of our software, proving our end-users with high quality algorithms that increase the performance of communication. We are glad to benefit from Pegasus' experience in this field."

Jack Berlin, president of Pegasus said: "I am very pleased about Applicare's decision to renew and extend its technology relationship with Pegasus. Applicare is an acknowledged industry leader that carefully considers its technology choices and their decision further validates Pegasus' ability to be a long term strategic imaging partner to the Medical software industry."

About Pegasus Imaging
Founded in 1991 and headquartered in Tampa, Florida, Pegasus Imaging Corporation delivers digital imaging software development components, image compression and image editing technologies. The company exceeds speed and quality requirements for document imaging, forms processing, medical imaging, color/photo imaging, video applications and more. Technology is delivered as Microsoft .NET controls, COM controls, VCLs, DLLs and applications. Multiple platforms are supported, including Windows, Linux, Solaris, IBM AIX and Mac. Visit www.pegasusimaging.com for more information.

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