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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 Signs an $845,000 Contract With Southwest Washington Regional Support Network

19/08/2004 5:29pm

PR Newswire (US)


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Netsmart Technologies Signs an $845,000 Contract With Southwest Washington Regional Support Network Netsmart Will Extend its Implementation of its Avatar Suite of Products for Behavioral Health Organizations Across Additional Counties in Washington State GREAT RIVER, N.Y., Aug. 19 /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 Corp. (CSM), today announced that CSM has been awarded a $845,000 five-year contract by the Southwest Washington Regional Support Network (SWRSN) for the license and professional services of an Application Service Provider (ASP) delivery system. Jerry Koop, CEO of CSM commented, "The SWRSN win is significant for Creative in two aspects: (1) it's additive to our successful large-scale account in Washington state that is already operational in 20 human services agencies and (2) it's validation of the success of Creative's large-scale ASP rollout solution gaining traction in the marketplace." According to Ron Blake, Director of Cowlitz County and Southwest RSN, "Cowlitz County Human Services Department and SWRSN is pleased to have Creative Socio-Medics as a partner for providing a comprehensive information system solution to our Public Mental Health program. We are excited about the Avatar system because it will provide us with a technically advanced comprehensive application with exceptional support. The already completed integration of the Managed Service Organization, Practice Management, Clinical Work Station and Master Patient Index modules, and the ASP support capabilities were critical to the decision. We are looking forward to a long and productive relationship." With the addition of the SWRSN, the Washington State Rural Consortium (WSRC) is now a group of 6 Regional Support Networks (RSN), representing 30 human service agencies in 12 counties throughout the state. WSRC was organized to research, purchase and implement an agreed upon software product for all RSN's and agencies. Each RSN, and each agency within an RSN, will maintain an individual database for data collection, billing, utilization management, and reporting. The RSN's are responsible for ensuring medically necessary services for persons of all ages who are enrolled as members of the prepaid health plan as defined in the state Medicaid waiver. James Conway, Chairman and CEO of Netsmart, commented: "We are confident that educated, process-oriented IT buyers are deciding that a proven information system can have a major return on investment. We believe that the Avatar suite of products' ability to deliver on its performance promise and its effectiveness upon delivery make it choice for providers looking for positive effects on their service delivery systems and their bottomline." 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, ; or Stuart Fine of Carpe DM, Inc., +1-908-490-0075, , for Netsmart Technologies

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