Netsmart Technologies Signs Software and Services Contracts With Five Behavioral Healthcare Organizations
May 18 2006 - 9:00AM
PR Newswire (US)
Netsmart Selected by Wide Range of Providers to Meet Diverse
Information Technology Needs GREAT RIVER, N.Y., May 18
/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 entered into software and services contracts with five
behavioral and mental health agencies providing for fees totaling
$551,423. Coastal Horizons Center, Inc., Pecan Valley Mental Health
and Mental Retardation, Crosspoint Human Services, Southwest
Mississippi Mental Health, and New River Area Programs have each
selected Netsmart for software, hardware or consulting services
designed to facilitate the effectiveness of their clinical,
financial or management processes. "The combination of CMHC Systems
and Creative Socio Medics in late 2005 solidified Netsmart's role
as an industry leader, and created a technology provider that can
furnish solutions to the entire breadth of the behavioral health
market, including providers of all sizes and state-operated
systems," said James Gargiulo, Netsmart executive vice president,
Clients and Solutions. "Our full range of solutions, strong
customer support, and well-defined product roadmap help make us the
optimum choice for agencies seeking a long- term technology
partner." Coastal Horizons Center of Wilmington, N.C. will utilize
Netsmart's Avatar Practice Management software for system
management, scheduling, client tracking, accounts receivable and
reporting, and Avatar Addiction Management software for methadone
dispensing and inventory control. They will also use Avatar
Clinical Workstation software for assessment, progress notes,
treatment planning and reporting. Pecan Valley Mental Health/Mental
Retardation of Stephenville, Texas, has licensed Netsmart CMHC/MIS
software for use in their accounts receivable, billing, clinical
and management operations. Crosspoint Human Services of Danville,
Ill. has upgraded to the graphical version of Netsmart CMHC/MIS,
and will implement Netsmart's Front Desk plus and eCET(R) clinical
treatment planning software. Southwest Mississippi Mental Health of
McComb, Miss. is implementing Netsmart's Front Desk plus scheduling
and resource optimization software as the next step in streamlining
of their business and clinical processes. New River Area Mental
Health of Boone, N.C. will utilize consultants from Netsmart's
implementation services team to work with agency IT staff to
accelerate the implementation of several IT projects. 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 more than 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.
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. eCET
Electronic Clinical Technology is a trademark of Netsmart
Technologies, Inc. DATASOURCE: Netsmart Technologies, Inc. CONTACT:
Dave Kishler of Netsmart Technologies, +1-614-764-0143, Ext. 7252,
Web site: http://www.ntst.com/
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