CINCINNATI, May 3, 2011 /PRNewswire/ -- Streamline Health
Solutions, Inc. (NasdaqCM: STRM), a market leading provider of
document workflow solutions for hospitals, announced today that
Gabriel Waters has been appointed
Vice President, Business Development effective April 30, 2011. Mr. Waters brings to Streamline
Health an extensive background in developing business channel
partners and extensive industry and product knowledge within
healthcare information and technology products and services.
In his new role, Mr. Waters will initiate and expand
relationships and develop new business channel partners for the
Company. He will also be responsible for identifying and closing
new business and developing a pipeline of qualified prospects in
the western United States and
internationally.
Prior to joining Streamline Health, Mr. Waters served for over
seven years at Carefx, a recently acquired subsidiary of Harris
Corp (NYSE: HRS) and a leading provider of interoperable workflow
solutions. Mr. Waters joined Carefx as director of business
development where he was responsible for developing sales channels
via infrastructure partners. For the past four years,
however, Mr. Waters has been responsible for sales activities in
the western U.S. while also serving to open new markets for Carefx
in Europe, the U.K., and
Australia.
Before Carefx, Mr. Waters was a product manager at Novell, Inc.,
responsible for several identity management products and their rise
to number one in their markets in terms of market share and analyst
opinion. It was while at Novell that Mr. Waters became
interested in the unique requirements of the healthcare industry
and how innovation from all sectors could be applied to healthcare.
Mr. Waters holds a Bachelor of Science degree in Economics and a
Masters of Information Systems Management degree from Brigham Young University and has also completed
post graduate work at the University Of Utah School Of Medicine in
Biomedical/Clinical Informatics.
"We are pleased to add such an experienced and knowledgeable
associate such as Gabriel Waters to
our team," said Robert Watson,
president and chief executive officer of Streamline Health
Solutions. "His hiring reflects our commitment to recruiting new
associates who bring broad industry expertise and relationships and
who have contributed to the success of other high growth healthcare
companies. The infusion of such talent enables us to create an
environment that will transform Streamline Health into a leading
healthcare IT innovator."
"I am pleased to be joining a company with such a solid
portfolio of products and services that clearly add value to
hospitals large and small," said Mr. Waters. "I am looking forward
to contributing to the success of Streamline Health by expanding
the company's market opportunities and developing business
relationships that will drive revenue and increase Streamline
Health's customer base. I look forward to positively contributing
to the strategic direction that Bob has outlined for the
Company."
About Streamline Health
Streamline Health is a leading supplier of document workflow and
document management tools, applications and services that assist
strategic business partners and healthcare organizations to improve
operational efficiencies through business process optimization.
The Company provides integrated tools and technologies for
automating document-intensive environments, including document
workflow, document management, e-forms, connectivity, optical
character recognition (OCR) and business process integration.
Streamline Health's solutions create a permanent document-based
repository of historical health information that is complementary
and can be seamlessly integrated with existing disparate clinical,
financial and administrative information systems, providing
convenient electronic access to all forms of patient information
from any location, including secure web-based access. For
additional information, please visit our website at
http://www.streamlinehealth.net.
Safe Harbor statement under the Private Securities Litigation
Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. that are
not historical facts are forward-looking statements that are
subject to risks and uncertainties and are no guarantee of future
performance. The forward looking statements contained herein are
subject to certain risks, uncertainties and important factors that
could cause actual results to differ materially from those
reflected in the forward-looking statements, included herein. These
risks and uncertainties include, but are not limited to, the timing
of contract negotiations and execution of contracts and the related
timing of the revenue recognition related thereto, the potential
cancellation of existing contracts or clients not completing
projects included in the backlog, the impact of competitive
products and pricing, product demand and market acceptance, new
product development, key strategic alliances with vendors that
resell the Company's products, the ability of the Company to
control costs, availability of products obtained from third party
vendors, the healthcare regulatory environment, potential changes
in legislation, regulation and government funding affecting the
healthcare industry, healthcare information systems budgets,
availability of healthcare information systems trained personnel
for implementation of new systems, as well as maintenance of legacy
systems, fluctuations in operating results, effects of critical
accounting policies and judgments, changes in accounting policies
or procedures as may be required by the Financial Accountings
Standards Board or other similar entities, changes in economic,
business and market conditions impacting the healthcare industry,
the markets in which the Company operates and nationally, and the
Company's ability to maintain compliance with the terms of its
credit facilities, and other risks detailed from time to time in
the Streamline Health Solutions, Inc. filings with the U. S.
Securities and Exchange Commission. Readers are cautioned not to
place undue reliance on these forward looking statements, which
reflect management's analysis only as of the date hereof. The
Company undertakes no obligation to publicly release the results of
any revision to these forward-looking statements, which may be made
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
Company Contact:
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Investor Contact:
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Streamline Health
Solutions
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Lytham Partners, LLC
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Erica Ryan
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Joe Diaz, Robert Blum, Joe
Dorame
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Director of Marketing
Communications
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(602) 889-9700
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(513) 794-7100
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STRM@lythampartners.com
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Erica.Ryan@streamlinehealth.net
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SOURCE Streamline Health Solutions, Inc.