For Immediate Release IntelliCare Closes $10.15m Round of Expansion Financing Company poised for growth and market expansion with second capital infusion PORTLAND, MAINE, June 11, 2002 -- IntelliCare, a leading provider of healthcare communication technology and service today announced the completion of a $10.15 million private placement. IntelliCare's second round of financing - led by Canaan Partners - bolsters the company's ability to accelerate its market penetration throughout the United States and Canada. Joining Canaan Partners in the financing are Cutlass Capital LLC, Salix Ventures, Cardinal Partners, Redhills Ventures LLC and existing shareholders. "Raising capital in such a tough market is a testament to the strength of our business model and market opportunities," said Victor C. Otley, Chairman and CEO of IntelliCare. "This capital infusion will enable IntelliCare to take full advantage of the market momentum we are experiencing. These funds will allow us to continue investment in our new product offerings and expand our customer service and sales organizations." "Medical contact centers are used extensively throughout the healthcare industry. IntelliCare has established a leadership position in transforming these contact centers into vibrant Customer Relationship Management systems," said Andrew D. Firlik, MD, Principal at Canaan Partners. "We are impressed by IntelliCare's business model, market leadership, successful track record, innovative service design and technology, and experienced management team. IntelliCare is well positioned to become a dominant player in healthcare communication and Customer Relationship Management." IntelliCare's strategy is to deploy its market leading technologies and services worldwide, to allow healthcare organizations to communicate with their constituents in a profitable and efficient manner. By leveraging the IntelliViewTM platform, and the company's outsource services, customers can radically improve the economics of healthcare communication. Andrew D. Firlik, MD of Canaan Partners has joined the IntelliCare Board of Directors in connection with the financing. About IntelliCare: (http://www.intellicare.com) IntelliCare, a leading provider of medical contact center application software and services used to enhance healthcare communication, operates the largest distributed clinical contact center network in the United States. Canaan Partners (http://www.canaan.com) is a national venture capital investment firm formed in 1987. Canaan specializes in startup and emerging-growth companies in information technology and services, as well as health care and medical technology. Canaan currently manages roughly $2.0 billion in investment capital. Cutlass Capital is a private venture capital partnership investing exclusively in the health care industry with offices in San Francisco and Boston. Salix Ventures (www.salixventures.com) manages two venture capital partnerships with approximately $180 million in capital commitments from limited partners. Salix invests primarily in early-stage healthcare services and healthcare information technology companies. With offices in Andover, Nashville and San Francisco, Salix Ventures assists companies across the country through all stages of development. Cardinal Partners (www.cardinalpartners.com) is a leading early-stage venture capital firm that seeks investment opportunities across the healthcare sector, including healthcare IT, medical technology, services and life sciences. The firm currently has a total of $185 million under management. Cardinal Partners is based in Princeton, New Jersey and also has offices in Laguna Niguel, California.