Version 10.x Features Updated HIPAA Certificate of Creditable Coverage

TEMPE, Ariz., June 30 /PRNewswire/ -- COBRA Solutions, Inc., a leader in
COBRA compliance software, announced today the release of version 10.x of
COBRA Administration Manager software.  COBRA Administration Manager is
designed for employers with 20 or more employees who self-administer COBRA.

Version 10.x includes changes to the HIPAA Certificate of Creditable
Coverage based on the final and proposed changes to HIPAA portability
regulations announced by the U.S. Department of Labor.  The final HIPAA
regulations are effective for plan years beginning on or after July 1, 2005 or
January 1, 2006 for calendar plan years.

 "In addition to the standardized HIPAA Certificate of Creditable Coverage,
we have included several exciting upgrades to the software," said Mark
Seckinger, Vice President of Business Development for COBRA Solutions, Inc.
"Some of the upgrades include Spanish-language notifications, a new graphical
user interface and the capability to save letters and reports as PDF files.
Effective immediately, version 10.x is available to current customers as a
downloadable update from our corporate Web site."

"Not having to track and follow all of the ongoing changes with COBRA and
HIPAA, such as the new HIPAA Certificate of Creditable Coverage, is a big plus
with COBRA Administration Manager.  I know the system is always up-to-date and
in compliance," said user Rob Richman, Account Manager of Philadelphia,
PA-based Leon L. Levy & Associates.  "In addition to the ease-of-use and
outstanding technical support, I especially like the fact that the letters are
updated automatically," added Richman.

"By using COBRA Administration Manager, employers can focus on their core
business rather than tracking complex Federal legislation."  Seckinger added:
"A free 60-day downloadable demonstration version of the software is available
from our Web site for any employer considering the implementation of our COBRA
compliance software."

About COBRA Solutions, Inc.

COBRA Solutions, Inc. is a leading provider of easy-to-use and low-cost
COBRA compliance software.  COBRA Administration Manager is designed to
minimize the complexity, time and specialization requirements associated with
maintaining compliance with COBRA administration.  The company serves over
8000 valued clients throughout the United States and Puerto Rico.  Founded in
1987, COBRA Solutions, Inc. is headquartered in Tempe, Arizona.  For more
information, visit http://www.cobra-solutions.com or call 1-800-325-1957.

     Company Contact
     COBRA Solutions, Inc
     4500 S. Lakeshore Drive, Suite 420
     Tempe, AZ 85283-7056
     Scott Beaver, VP
     Phone: (480) 820-9101
     Fax: (480) 820-2676