Cogient Corp.

TORONTO, ONTARIO--(CCNMatthews - Dec. 15, 2005) - AssistMed Inc. ("AssistMed"), a Los Angeles-based provider of community electronic health records and health data integration products, and Cogient Corp. ("Cogient"), Internet-based practice management and Electronic Medical Record (EMR) Company announce the completion of the acquisition by AssistMed of all the assets of Cogient. Pursuant to a stock purchase agreement dated November 28, 2005, AssistMed acquired all the issued and outstanding shares of AssistMed Canada Inc. from Cogient Corp. The terms of the transaction involved AssistMed paying US$1,340,000, issuing 5,250,000 shares of common stock of AssistMed and issuing promissory notes in the aggregate amounts of $360,000 to Cogient in consideration of the all the shares of AssistMed Canada Inc.

Prior to completing the transaction the assets of Cogient Corp were transferred to AssistMed Canada Inc., its wholly-owned subsidiary, AssistMed Canada Inc. The consideration paid to Cogient in connection with the transaction has been used to satisfy the holders of Series A Secured Convertible Debentures and Cogient Corp. will continue as a shell company.

About AssistMed Inc: (www.assistmed.com) AssistMed is a California-based company that has developed and provides web-based transcription, and health data integration services to several thousand physicians across the US. The Company s integrates technology and implements Community Electronic Health Records and knowledge extraction for the benefit of physicians, hospitals, Payers and research organizations.

About Cogient Corp: (www.cogient.com) Cogient is Canada's premier provider of secure, Internet-based medical practice office management, workflow and electronic medical-record (EMR) application services. Cogient Corp is Toronto-based, currently servicing Canadian customers, with expansion underway in the US and selected foreign markets.