NTST Netsmart Technologies (MM)

$545,000 Agreement Designed to Help Streamline Clinical and Management Processes GREAT RIVER, N.Y., Jan. 25 /PRNewswire-FirstCall/ -- Netsmart Technologies, Inc. (NASDAQ:NTST), a leading provider of enterprise-wide software for health and human services organizations, today announced that it has been awarded a $545,000 software and services contract by AtlantiCare Behavioral Health, based in Egg Harbor Township, New Jersey. The agreement is to be performed over a one-year period and includes licensed software, professional services, and software maintenance. AtlantiCare will utilize Netsmart's Avatar suite of software to enhance clinical and business operations. The agency serves more than 14,000 consumers within 17 sites, and is the largest provider of behavioral health and family care services in Southeast New Jersey. AtlantiCare will use Avatar Practice Management for client tracking, scheduling and reporting, and Avatar Clinical Workstation for client assessment, treatment planning and progress notes. Netsmart will also provide system management, security and reporting capabilities. In addition to Avatar, Netsmart will provide AtlantiCare with project management, data conversion, installation and training, disaster recovery, and HL7 implementation services on an ongoing basis. "We're pleased to be selected as the trusted partner to provide AtlantiCare Behavioral Health with a full range of products and services that are designed to help them serve their consumers more efficiently and effectively," said James Gargiulo, Netsmart executive vice president, clients and solutions. "Avatar is also intended to serve as the integrated behavioral health component of AtlantiCare Health Services electronic health record (EHR) system." For more information about Netsmart Technologies solutions, call 1-800-421-7503 or visit http://www.ntst.com/ 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 1,250 clients, including 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. About AtlantiCare AtlantiCare is a regional healthcare organization based in Egg Harbor Township, New Jersey, whose more than 4,000 employees serve the healthcare needs of the community at more than 60 locations. It includes AtlantiCare Regional Medical Center (ARMC), the AtlantiCare Foundation, AtlantiCare Health Plans, AtlantiCare Behavioral Health, AtlantiCare Health Services and InfoShare, an information resources and technology company. ARMC is one of the elite hospitals nationwide to achieve the J.D. Power and Associates Distinguished Hospital designation for service excellence and patient satisfaction, two years in a row for 2004 and 2005. ARMC became the 105th hospital in the nation to attain status as a Magnet(TM) designated hospital in March of 2004. 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. First Call Analyst: FCMN Contact: mrussell@csmcorp.com DATASOURCE: Netsmart Technologies, Inc. CONTACT: Dave Kishler of Netsmart Technologies, +1-614-764-0143, Ext. 7252, Web site: http://www.ntst.com/

Copyright