iSoft Adds Another $9 million New Contracts In September

October 2nd, 2009

Australia’s largest listed health – iSOFT Group Limited (ISF) information technology company today announced it signed contracts totalling more than $9 million in August and September.  In the largest deal, worth £1.34 million ($2.4 million), iSOFT agreed to continue supporting its patient administration system (PAS) with Frimley Park Hospital NHS Foundation Trust in Surrey, England, for a further three years. The agreement demonstrates iSOFT’s commitment to directly servicing customers in the south of England under recent changes to the National Programme for IT, which allow hospital trusts in the southern region to engage directly with iSOFT. Frimley Park is the fifth NHS trust in southern England this year to extend support agreements after upgrading to the latest version of PatientCentre PAS. The deal, which boosts the company’s global footprint to 40 countries, follows agreements with Mexico and Honduras in the past year as it seeks growth opportunities in Latin America.

In Germany, ISOFT won orders with two new customers totaling €1.08 million ($3 million). Kreiskrankenhaus Frankenberg has committed to iSOFT’s HIS for six years. Klinik Vincentinum, Augsburg, agreed on a five-year contract for a radiology information system in a license-only deal. In the Netherlands, iSOFT agreed on a services contract worth more than €500,000. In Australia, iSOFT won orders worth $1.9 million as Victoria Health continues to implement iSOFT’s i.Patient Manager solution in acute care and community care settings across the state. To date iSOFT and Victoria Health have implemented i.PM in seven agencies, with an additional three currently in progress.

“These contracts demonstrate iSOFT’s strategy of strengthening our presence in our core markets in Australia, Europe and the U.K, while at the same time leveraging our global brand by securing new customers in identified growth markets in Latin America,” said Gary Cohen, Executive Chairman & CEO.

iSOFT Group Limited (ISF) is the largest health information technology company listed on the Australian Securities Exchange, and among the world’s biggest providers of advanced application solutions in modern healthcare economies.  iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today’s healthcare delivery challenges.

www.isofthealth.com

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