NTST Netsmart Technologies (MM)

Netsmart Technologies Signs New California Contract With Value of $550,000 Netsmart Will Implement Its Avatar Suite of Products to The Sycamores of Pasadena GREAT RIVER, N.Y., March 19 /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 Corp. (Creative), today announced that Creative has been awarded a contract in California by The Sycamores of Pasadena for a total value of $550,000. The contracts include software licenses, professional services, and first-year maintenance agreements to install Creative's Avatar suite of human services software, including practice management and electronic medicalrecords. Kathie Clayton, VP of Operations and CFO of The Sycamores stated: "The Sycamores is pleased to have selected Creative Socio-Medics to provide a comprehensive information system solution for our programs. We went to great efforts in our selection process and are certain that Creative offers the most complete product solution and support services in meeting our Information System needs. In addition, we strongly believe that Creative, as a partner with The Sycamores, will be pivotal to the success of our endeavor to provide comprehensive automation and client tracking to support all of our child and family services programs, as we are a leading outsource agency for Los Angeles County Mental Health." Jerry Koop, CEO of Creative said: "We welcome The Sycamores to our growing customer base in California. Currently, we have over 40 clients in California, including 11 counties and 30 provider agencies." Koop continued: "We are particularly proud of our recent ranking in the top percentile of the rigorous 27-county California Behavioral Systems consortium, sponsored by the California Institute of Mental Health, which reviewed all aspects of software functionality and corporate capabilities for over 100 of the nation's leading IT organizations." For more than 100 years, The Sycamores has been helping children and families to help themselves. From intensely-structured residential treatment services to foster care, adoption and in-home services, The Sycamores offers a comprehensive range of family-centered, social, educational, preventive and behavioral health programs that encourage children, adults and their families to lead stable, independent and productive lives. Through the years, The Sycamores has reunited families torn apart by drug abuse, nurtured hope in children who have been abused and neglected, and provided adoptive parents with the support they need to succeed. Every year, the agency helps more than one thousand children and families. The Sycamores continues to identify and respond to the ever-changing needs of children and families within the community. From its beginnings as Pasadena's first orphanage, The Sycamores has evolved into a multi-service agency that reaches out to people on many fronts. With more than a century of service behind it, The Sycamores stay true to its mission while continuing to expand the original vision of founder, Fannie Rowland. James Conway, CEO of Netsmart Technologies stated: "We anticipate that the California human services market will begin to open up new opportunities for the Company. To be selected by The Sycamores is another positive sign for the roll-out of the Avatar suite of products in California." 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 580 clients, including 25 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, identifyforward-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 ; or Stuart Fine of Carpe DM, Inc., +1-908-490-0075, or Web site: http://www.netsmartech.com/

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