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PPJ Enterprise: PPJ Enterprise Announces Its Application for Government Grant to Enhance Its Digital Health Information Systems

^{Published on 2009-09-22 13:07:40 - Market Wire}
 

RENO, NV--(Marketwire - September 21, 2009) - PPJ Enterprise (PPJ) (PINKSHEETS: [ PPJE ]), a leader in proprietary automated health care reimbursement cycle (all specialties), on line health information Digital systems and practice information management digital system software for health care providers and general businesses worldwide, announced today that PPJ Enterprise is developing a grant proposal to apply for the American Recovery and Reinvestment Act of 2009, Title XIII - Health Information Technology Fund. According to the Title Act, "The purpose of this program is to continuously improve and expand HIE services over time to reach all health care providers in an effort to improve the quality and efficiency of health care. Cooperative agreement recipients will evolve and advance the necessary governance, policies, technical services, business operations and financing mechanisms for HIE over a four year performance period (Program, 2009)." Total funds available for grants is $564mm. PPJ Enterprise hopes they can complete upgrading their medical practice management software solution, The Automated Biller, with this necessary funding. The Electronic Health Record module for The Automated Biller has already been completed; additional funding is needed to iron out other medical billing processes. This strategic planning move will bring The Automated Biller to the national Health Information Management Software market.

In order to continue to favor the support of its investors, PPJ Enterprise is working with pinksheets.com to update the Company disclosure to be more Transparent. Currently there is a 'STOP' sign placed with our symbol; once our application is approved and processed by pinksheets.com this will remove the stop sign. As previously mentioned, the company fell into difficult financial times and was unable maintain the costs of reporting audited financials. Our financial statements and a strategic business plan will be updated with pinksheets.com.

Bibliography

Program, S. H. (2009). Funding Opportunity Announcement: State Health Information Exchange Cooperative Agreement Program. Washington, DC: UHDDS.

PPJ Enterprise is traded under the symbol PPJE.PK

About PPJ Enterprise:

PPJ Enterprise (PINKSHEETS: [ PPJE ]) is a leading provider of comprehensive, full-service medical practice management software. The company believes its proprietary application is the only fully automated medical billing and practice management system in the U.S. today.

For more information please contact: PPJ Enterprise Management at (775) 348-5735, website: [ www.ppjenterprise.com ], email: [ info@ppjenterprise.com ]

Forward-Looking Statements

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward looking statements contained in this press release are also subject to other risk and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forwarding looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.