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"We are pleased that, with the cooperation of Emageon, we were able tocome up with a timetable for the completion of the merger and we are confidentthat the combined enterprise will offer great opportunities for ourshareholders, employees, and customers," said Stan Vashovsky, HSS' CEO andChairman of the Board. "This extension will also allow us additional time tocomplete our integration plan for our technologies. As a result, we will bein a better position to immediately serve the market upon closing."
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"Emageon is pleased that HSS and Stanford International Bank Limited haveshown a commitment to complete our transaction and we look forward tocompleting the merger promptly for the benefit of our investors and maximizingthe HSS/Emageon business opportunities for our customers and employees," saidChuck Jett, CEO of Emageon.
Each of the Parties will file with the Securities and Exchange Commissiona Current Report on Form 8-K describing the amendments which were made to thetransaction documents.
About Health Systems Solutions
HSS is a technology and services company dedicated to bringing innovationto the health care industry. HSS' objective is to leverage current andnext-generation technologies to offer value-added products and services whichwill generate improved clinical, operational and financial outcomes for ourclients. The HSS portfolio of products and services extends across manysegments of health care including home health care, medical staffing, acuteand post-acute facilities, and telehealth/telemedicine, grouped into threesegments: technology solutions, software and consulting. For moreinformation, please visit www.hssglobal.com.
About Emageon
Emageon provides information technology systems for hospitals, healthcarenetworks and imaging facilities. Its enterprise family of solutions includesRadSuite(TM), HeartSuite(TM) and other specialty suites. All Emageonsolutions are built on a unified Enterprise Content Management system offeringadvanced visualization and infrastructure tools for the clinical analysis andmanagement of digital medical images, reports and associated clinical content.Emageon's standards-based solutions are designed to help customers enhancepatient care, automate workflow, lower costs, improve productivity and providebetter service to physicians. For more information, please visitwww.emageon.com.
Cautionary Note Regarding Forward-looking Statements: Information in thispress release that involves the expectations, plans, intentions or strategiesof Health Systems Solutions, Inc. ("HSS") and Emageon Inc. ("Emageon" andtogether with HSS, the "Parties") regarding the future are forward-lookingstatements 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 ofthis release and words such as "will," "remains," "to be," "plans,""believes," "may," "expects," "intends," and similar expressions. Factorsthat could cause the Parties' actual future results to differ materially fromthose expressed in the forward-looking statements set forth in this releaseinclude, but are not limited to, the timing and successful completion of HSS'acquisition of Emageon (the "Acquisition"), HSS' success in integrating theoperations of Emageon in a timely manner, or at all and HSS' ability torealize the anticipated benefits of the transaction to the extent, or in thetimeframe, anticipated. Other such factors include any additional riskfactors identified in the Parties' respective annual reports on Form 10-K forthe fiscal year ended December 31, 2007, as amended, and the Parties'subsequent quarterly reports on Form 10-Q. The forward-looking statements inthis release are based upon information available to the Parties as of thedate of this release, and the Parties assume no obligation to update any suchforward-looking statements. Forward-looking statements believed to be truewhen made may ultimately prove to be incorrect. These statements are notguarantees of future performance and are subject to risks, uncertainties andother factors, some of which are beyond our control and may cause actualresults to differ materially from our current expectations.
Health Systems Solutions is a registered trademark of Health SystemsSolutions, Inc. Emageon is a registered trademark and RadSuite and HeartSuiteare trademarks of Emageon Inc. Other marks belong to their respective owners.All rights reserved.
SOURCE Emageon Inc.; Health Systems Solutions, Inc.
