Health Systems Solutions and Emageon Extend Merger Closing
29 Dezembro 2008 - 8:38PM
PR Newswire (US)
NEW YORK and BIRMINGHAM, Ala., Dec. 29 /PRNewswire-FirstCall/ --
Health Systems Solutions, Inc. (OTC:HSSO) (BULLETIN BOARD: HSSO)
and Emageon Inc. (NASDAQ: EMAG) today announced that they have
agreed to extend the closing date for their pending merger to
February 11, 2009. "We are pleased that, with the cooperation of
Emageon, we were able to come up with a timetable for the
completion of the merger and we are confident that the combined
enterprise will offer great opportunities for our shareholders,
employees, and customers," said Stan Vashovsky, HSS' CEO and
Chairman of the Board. "This extension will also allow us
additional time to complete our integration plan for our
technologies. As a result, we will be in a better position to
immediately serve the market upon closing." "Emageon is pleased
that HSS and Stanford International Bank Limited have shown a
commitment to complete our transaction and we look forward to
completing the merger promptly for the benefit of our investors and
maximizing the HSS/Emageon business opportunities for our customers
and employees," said Chuck Jett, CEO of Emageon. Each of the
Parties will file with the Securities and Exchange Commission a
Current Report on Form 8-K describing the amendments which were
made to the transaction documents. About Health Systems Solutions
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 http://www.hssglobal.com/. About
Emageon Emageon provides information technology systems for
hospitals, healthcare networks and imaging facilities. Its
enterprise family of solutions includes RadSuite(TM),
HeartSuite(TM) and other specialty suites. All Emageon solutions
are built on a unified Enterprise Content Management system
offering advanced visualization and infrastructure tools for the
clinical analysis and management of digital medical images, reports
and associated clinical content. Emageon's standards-based
solutions are designed to help customers enhance patient care,
automate workflow, lower costs, improve productivity and provide
better service to physicians. For more information, please visit
http://www.emageon.com/. Cautionary Note Regarding Forward-looking
Statements: Information in this press release that involves the
expectations, plans, intentions or strategies of Health Systems
Solutions, Inc. ("HSS") and Emageon Inc. ("Emageon" and together
with HSS, the "Parties") 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 the
Parties' 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 the Parties' respective annual reports on Form 10-K
for the fiscal year ended December 31, 2007, as amended, and the
Parties' subsequent quarterly reports on Form 10-Q. The
forward-looking statements in this release are based upon
information available to the Parties as of the date of this
release, and the Parties assume 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. Health Systems Solutions is a registered
trademark of Health Systems Solutions, Inc. Emageon is a registered
trademark and RadSuite and HeartSuite are trademarks of Emageon
Inc. Other marks belong to their respective owners. All rights
reserved. DATASOURCE: Emageon Inc.; Health Systems Solutions, Inc.
CONTACT: Investors: Michael G. Levine, HSS CFO & EVP,
+1-212-798-9405, John Wilhoite, CFO of Emageon, +1-205-980-9222,
Media: Steve Hoechster (HEX-ster), 5W Public Relations,
+1-917-319-8398, for HSS, Bill Funderburk, Director, Marketing
& Public Relations of Emageon, +1-205-980-7542 Web site:
http://www.emageon.com/ http://www.hssglobal.com/
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