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Zanett Healthcare to Sponsor CIO Healthcare Summit; New Software Package Successes to be Demonstrated

Saturday, March 20, 2010 Press Release J E 4
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NEW YORK, March 19 Zanett Healthcare is pleased to announce that it will sponsor the CIO Healthcare Summit, a leading gathering for CIOs, analysts and industry-thought leaders within healthcare information technology. The CIO Healthcare Summit will be held at the InterContinental Montelucia Resort in Scottsdale, Arizona on May 9-12, 2010.

In addition to sponsoring the event, Zanett Healthcare will also present a CIO thought-leadership session on Monday, May 10 at 9:00-9:30 a.m. Entitled "Building a Physician Bridge to CPOE and 'Meaningful Use' utilizing Microsoft Technologies and Frameworks" and presented by Dr. Alan Snell, CMIO, St. Vincent Health, this session will share the story of how Zanett utilized technologies to build the Clinical Online Delivery System (CODS) software solution for St. Vincent Health.

CODS was developed for hospitals who are as yet without a fully deployed electronic medical record system, as it serves as a "bridge" strategy to CPOE (Computerized Physician Order Entry). It is a quick value, low risk solution for those health organizations in the early stages of a 2-5 year implementation of their CPOE and EHR system.

The CODS software package performs three main functions:

"We are proud to sponsor such a prestigious event and introduce CODS to leading healthcare CIOs and thought leaders. Our CODS software of current, customized, evidence-based care plans will arm doctors and clinicians with critical information and support improvements in patient care," said Vince Vickers, SVP of Healthcare Solutions for Zanett. "Applying clinical decision support at the point of care also lays the foundation for demonstrating 'meaningful use' of technology in the future."

The CIO Healthcare Summit is designed to gather business leaders from technologically advanced and innovative companies within North America's Healthcare IT industry to debate and network on the most critical business technology issues facing them today. For more information and to register, please visit http://www.ciohealthcaresummit.com/.

About Zanett Healthcare

From business consulting to enabling technologies, Zanett Healthcare is a partner that can strategically and tactically support you as the healthcare landscape evolves. We help our healthcare clients identify opportunities to better utilize technology for making improvements that ultimately enhance patient care, reduce costs, and create efficiencies. Zanett offers world-class solutions for Human Capital Management, Finance and Compliance, Business Intelligence, Clinical Systems Integration and Implementation, Secure Physician Portals, and Order Set Management/CPOE. Zanett will help your organization align business objectives with technology-enabled services to create Real Enterprise Value(TM). For more information, please visit http://Healthcare.Zanett.com.

About the CIO Healthcare Summit

The Strategic Business Summit Division of CDM Media has a reputation for delivering strategically positioned, content-driven events to C-level clientele the Fortune 1000 organizations. With experience delivering intimate, effective business summits, the CIO Healthcare Summit gathers executives to develop great business ideas and lasting relationships with their peers and colleagues. The CIO Healthcare Summit will be hosted on May 9-12, 2010 at the InterContinental Montelucia Resort in Scottsdale, AZ. The summit is designed to gather business leaders from technologically advanced and innovative companies within North America's Healthcare IT industry to debate and network on the most critical business technology issues facing them today.

About Zanett, Inc.

Zanett (Nasdaq: ZANE) is a leading business process outsourcing (BPO), IT enabled services (ITES), and information technology (IT) consulting firm serving Fortune 500 corporations and mid-market organizations in Healthcare, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government.

Zanett helps organizations align business objectives with outsourced technology-enabled services to create Real Enterprise Value. We serve the Fortune 500 and mid-market organizations in Healthcare, Life Sciences, Manufacturing & Distribution, Retail, Gaming & Hospitality, and State & Local Government with solutions ranging from business consulting as well as custom business solutions that integrate and implement Oracle's full suite of product offerings Oracle, JD Edwards, PeopleSoft, Seibel, including infrastructure technology and managed services together with associated Oracle Fusion technologies. Zanett employs over 225 professionals in North America and Asia with offices in Atlanta, Boston, Cincinnati, Indianapolis, Jacksonville, New York City, North Palm Beach, and Manila. For more information please visit http://www.zanett.com/ or http://healthcare.zanett.com/.

Certain statements in this news release regarding projected results of operations, or, projected results of financial plans or future strategies and initiatives, including, but not limited to, projections of revenue, projections of profitability, any and all future expectation, and plans for future activities may and should be regarded as "forward-looking statements'' within the meaning of the Securities Litigation Reform Act. These statements involve, among other things, known and unknown risks, uncertainties and other factors that may cause Zanett, Inc.'s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Zanett currently is considering, but in reality may or may not in the future implement any or all of the items and issues listed in any planned budget or strategic initiative, due to, among other things, known and unknown risks, uncertainties and other factors.

Circumstances do change, and if and when the landscape changes, Zanett shall endeavor to remain as flexible as possible, and adjust its strategy accordingly. Zanett, Inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, change in strategy, or otherwise. The aforementioned listing of risks and uncertainties is not inclusive. For a more detailed discussion of some, but not all, of the risks and uncertainties that may affect Zanett, Inc., see Zanett, Inc.'s filings with the Securities and Exchange Commission.

Neither Zanett, Inc. nor Zanett Oracle Solutions is a part of, a division of, nor a subsidiary of, nor in any other manner connected with Oracle Corporation, and no implication is made whatsoever to suggest as such.

1. Allows the hospital to set up, maintain and update standardized order-sets centrally and conveniently for the entire hospital system. 2. Allows physicians and other prescribers to use these up-to-date order sets from any internet connected computer, either at the office or at home, and prescribe medications and tests in an easy-to-use point-and-click manner without the disruption to workflow that a full EMR would cause. 3. Allows management to evaluate prescribing patterns in their hospitals and update according to the latest guidelines and local practices.

SOURCE Zanett Healthcare
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