ICSGlobal's core business is simplifying healthcare payments, helping patients, doctors,
hospitals, health insurers and government to get paid or make payments. We do this using
our medical banking clearinghouse technology, Thelma (Transaction Health Exchange Linking
Multiple Applications), which facilitates clearing and settling medical bills electronically over
the Internet, rather than the stress, time and cost of filling in forms and trying to work out who
owes what to whom. ICSGlobal recently added a parallel medical banking services stream to
our existing technology strategy with the acquisition of The London Patient Billing Service. Plans
are well advanced to replicate this dual-edged strategy in the US. ICSGlobal was founded in
1990 and is now publicly listed on the Australian Stock Exchange (ASX:ICS).