Netsmart (NASDAQ:NTST)
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Netsmart Technologies Signs $1,830,000 Upgrade Contract with the
State of Georgia
Netsmart Will Implement Its Avatar Suite of Products
GREAT RIVER, N.Y., July 15 /PRNewswire-FirstCall/ -- Netsmart Technologies,
Inc. (NASDAQ:NTST), 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 Creative has been awarded a
$1,830,000 18-month contract by the Georgia Department of Human Resources,
Division of Mental Health, Developmental Disabilities, and Addictive Diseases
(MHDDAD). The contract includes software license, professional services, and
maintenance agreements to install the Avatar suite of human services software,
specifically the Avatar practice management, computerized physician order entry
(CPOE), and electronic health records.
"The State of Georgia Department of Human Resources' decision to upgrade to the
Avatar suite of products is indicative of the strength and breadth of our
products for the state operated services industry," said James Gargiulo, Senior
Vice President of Creative. "We believe that Creative's long-term product and
technology strategy, together with our client references, are the strongest
factors that convinced the State of Georgia to upgrade with us."
Georgia's public mental health system has been recognized nationally for its
leadership in drawing on the strengths and experiences of consumers in recovery
to provide support and guidance for those beginning their self- directed
recovery. Peer support centers are part of the system of Medicaid billable
services, and certified peer specialists complete an extensive training program
to learn how to use their knowledge and skills in a variety of service
settings.
The Georgia Department of Human Resources, Division of MHDDAD services the
entire state. It is made up of 13 Regional Boards, public and private community
providers, specialized services for children and adolescents, and eight state
hospitals. The state hospitals range in size from 100 beds to 1,500 beds.
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 600 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 of Netsmart Technologies, 1-800-421-7503, ext. 2026,
; Stuart Fine of Carpe DM, Inc., +1-908-490-0075,
, for Netsmart Technologies
Web site: http://www.netsmartech.com/