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NTST Netsmart Technologies (MM)

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Share Name Share Symbol Market Type
Netsmart Technologies (MM) NASDAQ:NTST NASDAQ Common Stock
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Netsmart Technologies Partners With the Betty Ford Center

21/05/2004 5:19pm

PR Newswire (US)


Netsmart (NASDAQ:NTST)
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Netsmart Technologies Partners With the Betty Ford Center Netsmart will incorporate the Betty Ford Center's 'best practices' clinical protocol into Avatar productline GREAT RIVER, N.Y., May 21 /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 Corp. (Creative), announced today that Creative has entered into an agreement with MSJ Communications Corporation, a wholly-owned subsidiary of the Betty Ford Center, to incorporate MSJ Communications' SATIS (Substance Abuse Treatment Information System) product with Creative's Avatar productline. MSJ Communications provides IT solutions to organizations offering alcoholism and drug dependency treatment services. Its SATIS productline is used by approximately 30 treatment centers including the Betty Ford Center. Creative's CEO, Jerry Koop, said in a statement: "We are excited about becoming a partner of the Betty Ford Center, a leading alcoholism treatment organization. We anticipate that a major benefit of this new partnership will be the incorporation of the Center's SATIS software into Creative's Avatar product suite. We believe that the integration of these two dynamic software packages could become the industry standard." Michael Neatherton, Betty Ford Center's Executive Vice President and COO commented: "When we first decided to look for a partner, we performed an industry search and due diligence on firms that not only had a reputation for excellence in software and services for the health and human services industry, but also demonstrated commitment to client satisfaction in both product and technology vision. At the top of our final list was Creative Socio-Medics." The Betty Ford Center created MSJ Communications to further its mission of providing effective alcohol and other drug dependency treatment services to help women, men and families begin the process of recovery. MSJ Communications is a consulting and information technology company that specializes in improving the performance of organizations that treat alcohol and other drug dependencies. MSJ Communications fulfills this mission by working in partnership with other organizations that share a commitment to excellence in providing health care and other related services. James Conway, CEO of Netsmart, said: "We are excited about the opportunity presented by our partnership with the Betty Ford Center. This added capability is consistent with our plans to become the leading supplier of information services into the behavioral health marketplace. " About Netsmart Technologies, Inc. Netsmart Technologies, Inc. of Great River, NY, 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, 1-800-421-7503, ext. 2026, , for Netsmart Technologies or Stuart Fine of Carpe DM, Inc., +1-908-490-0075, Web site: http://www.netsmartech.com/

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