Netsmart Technologies Signs $1,350,000 Multiyear Contract With New York State Office of Alcoholism and Substance Abuse Services
March 29 2004 - 11:04AM
PR Newswire (US)
Netsmart Technologies Signs $1,350,000 Multiyear Contract With New
York State Office of Alcoholism and Substance Abuse Services
Netsmart will Implement Its Avatar Electronic Record for all 13
Addiction Treatment Centers across the State in a
ApplicationService Provider Environment GREAT RIVER, N.Y., March 29
/PRNewswire-FirstCall/ -- Netsmart Technologies, Inc. , a leading
supplier of enterprise-wide software for health and human services
providers through its wholly owned subsidiary, Creative
Socio-Medics Corp. (Creative), today announced that Creative has
been awarded an initial five year contract starting at $1,350,000
by New York State's Office of Alcoholism and Substance Abuse
Services (OASAS) Addiction Treatment Centers (ATC's). The contract
covers licensing, services and maintenance of Creative's electronic
health record, the Avatar CWS, in an Application Service Provider
(ASP) delivery environment. This is the second contract Creative
has with OASAS. The other contract is for the New York State
Methadone Registry. "This contract award continues our plans for
expansion into the growing substance abuse and addictions
marketplace. We are pleased to be awarded this contract with the
New York State ATC's as we believe such sale demonstrates
marketplace satisfaction with the quality and delivery options of
our software products and contributes to the growth of our order
backlog and revenue," said James Conway, CEO of Netsmart. Jerry
Koop, CEO of Creative further commented, "This isa significant
contract for Creative. Our Avatar electronic health record for
human services will be used throughout the ATC's in a
state-of-the-art ASP delivery environment extending from Long
Island to Buffalo. "Koop continued: "This contract furthers our
strategy of offering provider level systems to the growing
substance abuse community." OASAS directly operates 13 Addiction
Treatment Centers (ATCs) throughout New York State, which provides
a range of programs to addicted persons and their families. The
ATC's are an agency of the New York State Office of Alcoholism and
Substance Abuse (OASAS) whose mission is as follows: -- Overseeing
the nation's largest and most diverse addiction system -- Providing
accessible, cost-effective qualityservices -- Strengthening
communities, schools and families through prevention -- Improving
lives through treatment -- Meeting Individual needs through
specialized services -- Fostering partnerships for improved
services -- Linking programs with research to improve results --
Planning for the future to improve and strengthen prevention and
treatment About Netsmart Technologies, Inc. Netsmart Technologies,
Inc. of Great River, NY, through Creative Socio-Medics, is
anestablished, leading supplier of enterprise-wide software
solutions for health and human services providers with over 580
clients, including 26 systems with state agencies. Creative's
clients include health and human services organizations: public
health agencies, mental health and substance abuse clinics,
psychiatric hospitals, and managed care organizations. Avatar
Practice Management and the Avatar Clinician Work Station,
Creative's core products, are full-featured information systems
that operateon 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 or Creative's website do not
constitute a part of this release. DATASOURCE: Netsmart
Technologies, Inc. CONTACT: Ron Marge of Netsmart Technologies,
1-800-421-7503, ext. 2026, ; Stuart Fine of Carpe DM, Inc.,
+1-908-490-0075, , for Netsmart Technologies Web site:
http://www.netsmartech.com/
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