Merge eFilm Joins Russell 2000(R) Small Cap Index

MILWAUKEE, June 28 /PRNewswire-FirstCall/ -- Merge eFilm , a leading global healthcare software and services company, today announced that they joined the Russell 2000(R) Small Cap Index when the broad-market index was reconstituted June 25, 2004 by Russell Investment Group.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030430/MRGELOGO )

"We are very pleased that our strong financial performance and shareholder confidence have led to this achievement," said Scott Veech, Chief Financial Officer of Merge eFilm. "This, coupled with our three new analysts reports, will increase Merge's profile and recognition as a growing profitable company."

The Russell 2000 Index offers investors access to the small-cap segment of the U.S. equity universe. The Russell 2000 is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true small-cap opportunity set. The Russell 2000 includes the smallest 2000 securities in the Russell 3000. The Russell 2000 Index offers investors access to the small-cap segment of the U.S. equity universe. The Russell 2000 includes the smallest 2000 securities in the Russell 3000. Membership in Russell's 21 U.S. equity indexes is determined primarily by market capitalization rankings and style attributes.

About Russell

Russell, a global leader in multi-manager investment services, provides investment products and services in more than 35 countries. Russell manages more than $107 billion in assets and advises clients worldwide representing $1.8 trillion. Founded in 1936, Russell is a subsidiary of Northwestern Mutual and is headquartered in Tacoma, Wash., with additional offices in New York, Toronto, London, Paris, Singapore, Sydney, Auckland and Tokyo. For more information, go to http://www.russell.com/.

About Merge eFilm

Merge eFilm is a global healthcare software and services company focused on accelerating the productivity of imaging centers, hospitals and clinics with a suite of RIS/PACS software solutions and professional services. For over seventeen years, Merge eFilm has been a leader in integration of radiology workflow to improve productivity, profitability and patient care by fusing business and clinical workflow, and intelligently managing and distributing diagnostic images and information throughout the healthcare enterprise. For additional information, visit our web site at http://www.merge-efilm.com/ .

Except for the historical information herein, the matters discussed in this news release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product and technology development, market acceptance of new products and continuing product demand, the impact of competitive products and pricing, changing economic conditions and other risk factors detailed in filings with the Securities and Exchange Commission.

Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20030430/MRGELOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, +1-888-776-6555 or +1-212-782-2840 Merge eFilm

CONTACT: Scott Veech, CFO of Merge eFilm, +1-414-977-4000

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