Netsmart (NASDAQ:NTST)
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Netsmart Technologies Announces Upgrades by 10 Clients
Upgrade to Avatar Suite of Products Indicative of Product and Technology
Strength
ISLIP, N.Y., Oct. 29 /PRNewswire-FirstCall/ -- Netsmart Technologies, Inc. , a
leading supplier of enterprise-wide software for health and human services
providers through its wholly owned subsidiary, Creative Socio-Medics (Creative),
today announced that it has signed upgrade contracts with 10 clients with a
combined value of approximately $1,250,000.
"The move to Avatar is beneficial in many respects. Now these clients will be on
a robust thin-client system with the ability to use wireless, mobile, and
biometric computing technology. They will also be part of a client base of
hundreds of Avatar users that share their best practices, which enhance the
effectiveness of the product for all of the users," said James Conway, CEO of
Netsmart.
The AVATAR suite of products evolved over time within the Health and Human
Services Industry. They can be simply described by three factors: Functionality,
Technology, and Decision Support.
* Functionality - A suite of integrated modules offer enterprise-wide
solutions, including: Avatar PM (Core Practice Management), Avatar PH
(Public Health), Avatar CWS (our award winning Electronic Medical
Record), Avatar MSO (Managed Services Organization), Avatar Methadone
(methadone clinic management system), augmented by best-of breed
departmental solutions.
* Technology - All products are available in current technology deployment
options, including: Client/Server, ASP, and Web Portal.
* Decision Support - Best practice protocols and decision support clinical
content databases are available as product extensions. Such industry
standards as the John Wiley & Sons Treatment Planning libraries embedded
in our Clinician Workstation provides clinicians with point of service
guidelines.
All Avatar products are built upon a foundation called Avatar RADplus, a
development environment that supports rapid application and content
configuration without modifying underlying source code, while updating the
database for immediate SQL access. The RADplus tools are easy to use and do not
require specific technical or programming skills. The client systems being
upgraded will use the RADplus tools to modify screens and tables for their
facility's specific workflow.
About Netsmart Technologies, Inc.
Netsmart Technologies, Inc. of Islip, N.Y., through Creative Socio-Medics, is an
established, leading supplier of enterprise-wide software solutions for health
and human services providers with over 580 clients, including 26 systems with
state agencies. Creative's clients include health and human services
organizations: public health agencies, mental health and substance abuse
clinics, psychiatric hospitals, and managed care organizations. Avatar Practice
Management and the Avatar Clinician Work Station, Creative's core products, are
full-featured information systems that operate on a variety of operating
systems, hardware platforms, and mobile devices and offer unlimited
scalability.
Statement on Behalf of Netsmart Technologies, Inc.
Statements in this press release may be "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995. Words such as
"anticipate," "believe," "estimate," "expect," "intend" and similar expressions,
as they relate to the company or its management, identify forward-looking
statements. These statements are based on current expectations, estimates and
projections about the company's business based, in part, on assumptions made by
management. These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions that are difficult to predict.
Therefore, actual outcomes and results may, and probably will, differ materially
from what is expressed or forecasted in such forward-looking statements due to
numerous factors, including those described above and those risks discussed from
time to time in Netsmart's filings with the Securities and Exchange Commission.
In addition, such statements could be affected by risks and uncertainties
related to product demand, market and customer acceptance, competition, pricing
and development difficulties, as well as general industry and market conditions
and growth rates, and general economic conditions. Any forward-looking
statements speak only as of the date on which they are made, and the company
does not undertake any obligation to update any forward-looking statement to
reflect events or circumstances after the date of this release. Information on
Netsmart's or Creative's website do not constitute a part of this release.
DATASOURCE: Netsmart Technologies, Inc.
CONTACT: Ron Marge for for Netsmart Technologies, Inc., 1-800-421-7503,
ext. 2026, ; or Stuart Fine of Carpe DM, Inc.,
+1-908-490-0075, , for Netsmart Technologies, Inc.
Web site: http://www.netsmartech.com/