NEW YORK, Dec. 23 Health Systems Solutions, Inc. (OTC Bulletin Board: HSSO) -- Health Systems Solutions, Inc. ("HSS") announced that it formally notified Emageon Inc. ("Emageon") yesterday that HSS is prepared to move forward and close the merger with Emageon. HSS also announced that yesterday it had requested of Stanford International Bank Limited ("SIBL") that SIBL fund the transaction today. HSS continues to communicate with SIBL and urge it to fund the transaction. HSS can neither guarantee that Stanford will ultimately fund or that alternative sources of financing will be available.
About Health Systems Solutions, Inc.
HSS is a technology and services company dedicated to bringing innovation to the health care industry. HSS' objective is to leverage current and next-generation technologies to offer value-added products and services which will generate improved clinical, operational and financial outcomes for our clients. The HSS portfolio of products and services extends across many segments of health care including home health care, medical staffing, acute and post-acute facilities, and telehealth/telemedicine, grouped into three segments: technology solutions, software and consulting. For more information, please visit www.hssglobal.com.
Cautionary Note Regarding Forward-looking Statements: Certain statements in this press release that involve the expectations, plans, intentions or strategies of HSS regarding the future are forward-looking statements that are not facts and involve a number of risks and uncertainties. In this release, they are identified by references to dates after the date of this release and words such as "will," "remains," "to be," "plans," "believes," "may," "expects," "intends," and similar expressions. Factors that could cause HSS' actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include, but are not limited to, the timing and successful completion of HSS' acquisition of Emageon (the "Acquisition"), HSS' success in integrating the operations of Emageon in a timely manner, or at all and HSS' ability to realize the anticipated benefits of the transaction to the extent, or in the timeframe, anticipated. Other such factors include any additional risk factors identified in HSS' annual report on Form 10-K for the fiscal year ended December 31, 2007, as amended, and HSS' subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to HSS as of the date of this release, and HSS assumes no obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and may cause actual results to differ materially from our current expectations.
For more information on HSS: Michael G. Levine, Chief Financial Officer & Executive Vice President Michael.Levine@hssglobal.com (212) 798-9405
SOURCE Health Systems Solutions, Inc.