Netsmart Technologies Selected to Provide Vital Records Management Software System for the State of Illinois

Agreement Further Solidifies Netsmart as Leading Provider of State-Level Vital Records Systems 


GREAT RIVER, N.Y., March 1  /PRNewswire-FirstCall/ -- Netsmart Technologies, Inc. (NASDAQ:NTST), a leading provider of enterprise-wide software and services for health and human services organizations, today announced it has signed a contract to provide a comprehensive vital records software system and related services to the Illinois Department of Public Health Division of Vital Records. The contract will be performed over a ten-year period and is expected to generate approximately $3.4 million in revenue for Netsmart over the next 24 months.  In addition, the contract also provides for training, maintenance and support of approximately $400,000 per year for the next 9 years.  There is a provision, over the life of the contract, for additional work in the form of change orders up to $2.5 million.

Netsmart Public Health's comprehensive vital records software is designed to help the Illinois division accomplish its goal of reengineering data collection systems for birth, death and fetal deaths, as well as streamlining vital service request tracking and reporting. In addition to the base system, customization and installation, the contract with Netsmart includes training, maintenance and support.

Traditional and Web-based training will be provided to system users, including statewide medical examiners, physicians, coroners, funeral directors, local registrars and state Division of Vital Records staff through Netsmart University, the company's comprehensive suite of training and education services.

In addition to Illinois, Netsmart provides vital records management software to the following seven states:  Florida, Kentucky, Nebraska, Nevada, New Jersey, Ohio and South Dakota, as well as to DeKalb County, Ga. and Durham County, N.C.

"We are pleased to be selected by the State of Illinois for this key project designed to significantly enhance the timeliness and efficiency of the state's vital records system," said James L. Conway, chairman and chief executive officer, Netsmart Technologies. "This initiative reflects the important contribution of the QS Technologies acquisition, completed in August 2006. The combination of QS Technologies and Netsmart enabled us to assume a leadership position in the vital records and public health markets."

For information about Netsmart Technology's full range of solutions for health and human services organizations, visit http://www.ntst.com/ or call 1-800-421-7503.

About Netsmart Technologies, Inc.

Netsmart Technologies, Inc., based in Great River, N.Y., is an established, leading supplier of enterprise-wide software solutions for health and human services providers, with more than 1,300 clients, including more than 30 systems with state agencies. Netsmart's clients include health and human services organizations, public health agencies, mental health and substance abuse clinics, psychiatric hospitals, and managed care organizations. Netsmart's 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 website does not constitute a part of this release. 

DATASOURCE: Netsmart Technologies, Inc.



CONTACT:  Dave Kishler of Netsmart Technologies, [phone],





Web site:  http://www.ntst.com/ 

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