NTST Netsmart Technologies (MM)

Netsmart Technologies Signs $1,700,000 Upgrade Contract With the State of Minnesota Netsmart Will Implement Its Avatar Suite of Products GREAT RIVER, N.Y., March 5 /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 (Creative), today announced that Creative has been awarded a $1,700,000 five-year contract by the State of Minnesota's Department of Human Resources. The upgrade contract includes professional services, software licenses, and maintenance agreements to install the Avatar suite of human services software, specifically the Avatar practice management, computerized physician order entry (CPOE), and personal digital assistant (PDA) products. "The State marketplace is a key focal point for our Company and we expect our continued expansion in this market to be a major contributor to our current and future growth plans. Our long-term strategic plan has always been to provide our State clients with the best solutions available in the marketplace. We believe that the Minnesota upgrade contract is one of many examples of our progress and dedication to customer relationship management," saidJames Conway, CEO of Netsmart Technologies, Inc. Jerry Koop, CEO of Creative said, "Client satisfaction is tantamount to Creative's growth. This agreement establishes a long term relationship with the Minnesota Dept. of Human Services, and will solidify our leadership in this regional market." The Minnesota DHS provides an array of services and support to certain individuals with mental illness, chemical dependency, traumatic brain injuries, developmental disabilities, and persons in need of nursing facility level of care. These individuals are served throughout the State at owned and operated campuses, and through a network of community based facilities. A total of eight inpatient campus facilities with over 160 physicians and 2,000 utilized beds serve over 5,000 admissions annually. The dollar volume generated in excess of $145 million per year. In addition, another 5,000 patients receive outpatient, group home, day training and habilitation (DT&H), crisis, and other services by the network annually. Group homes and crisis services produce additional revenue in excess of $34 million. About Netsmart Technologies, Inc. Netsmart Technologies, Inc. of Great River, N.Y., 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, Web site: http://www.netsmartech.com/

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