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doublesys Appoints Albert Holloway to Advisory Board


MIAMI, Aug. 30 /PRNewswire-FirstCall/ -- doublesys Corporation (OTC Pink Sheets: UPHD) today appointed Albert Holloway, president and CEO of The IPA Association of America (TIPAAA), to its advisory board.    

As an advisory board member, Holloway will lend his knowledge of the national managed healthcare market and his physician organization management expertise to doublesys as it moves forward with the launch of its first Medicare managed care plans in Florida and the marketing of its unique business model nationwide.    

"Al has more than a decade of direct experience working with physicians in the managed care industry," said Robert L. Trinka, doublesys's chairman and chief executive officer.  "His expertise will complement our executive team, further solidifying our strength in the managed healthcare arena.  Physician leaders and managed care executives working together is the strength that provides the foundation for our business model, which calls for us to partner with physicians to set-up and operate Medicare managed care plans in local communities that deliver high-quality care together with long-term financial stability."    

With Holloway's addition, the doublesys advisory board includes physician leaders and national healthcare executives involved in the development of Medicare HMOs.    

Holloway is the founder of TIPAAA, a non-profit trade association that provides independent/integrated physician associations (IPAs) with educational programs to help them operate effectively and successfully in managed care.  The association has nearly 900 organization members, chapters in 39 states and represents more than 300,000 U.S. physicians affiliated with IPAs.    

About doublesys Corporation    

doublesys develops and operates managed care plans that are owned and governed in partnership with practicing physicians.  With its turn-key approach, the company provides physicians with access to capital, risk-management expertise, infrastructure, information systems and other management resources for the formation and operation of doublesys Local Health Plans.  doublesys's model enables physicians to focus on their primary responsibility: taking care of their patients' health and delivering high-quality medical care.    

Headquartered in Miami , doublesys is currently developing Medicare managed care plans in Florida and throughout the United States .  For more information, visit http://www.doublesys.com or call 305.779.1779.

Information contained in this press release, other than historical information, should be considered forward-looking in nature and is subject to various risks or uncertainties and assumptions.  Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected.  Such risks and uncertainties include, but are not limited to, the company's expectation of operating losses and negative cash flow for the foreseeable future.  Other risks factors include the company's limited operating history, unpredictability of operating results, possible changes in federal and state regulations, reliance on future financing and key employees, as well as the competitive marketplace.







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