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Netsmart Tech Taps New CEO

Michael Valentine is coming to New York-based Netsmart Technologies as its chief executive, joining the company from Cerner Corp. James Conway, the prior CEO of Netsmart, is retiring and will continue to play a role in the leadership transition. Prior to joining Netsmart, Valentine served as EVP and COO with Cerner.

PRESS RELEASE:

GREAT RIVER, N.Y. – May 9, 2011 – Netsmart Technologies, Inc., a leading provider of software and services for health and human services organizations, today announced that Michael Valentine has been named as the company’s chief executive officer. Valentine will join Netsmart from Cerner Corporation, where he served as executive vice president and chief operating officer. He will succeed James Conway, who is retiring after 15 years as Netsmart CEO. Conway will play an active role in the leadership transition.

“Mike’s background in health information technology will be valuable as Netsmart helps its clients address key emerging trends such as integration with primary care, certification, interoperability and increasing consumer involvement in the care process,” said Mark Hanson, chairman of Netsmart and managing director of Genstar Capital, Netsmart’s investment partner. “This transition process has been underway for the past year, and we are pleased that Mike will be joining Netsmart to build on the strong foundation of Jim Conway’s leadership that has made Netsmart a solid, stable company, well-positioned for long-term growth and success. We thank Jim for his years of leadership and wish him the best in his well-deserved retirement!”

In his most recent role at Cerner, Valentine was responsible for all global operations, including sales, consulting, technology, solution direction and support for Cerner’s worldwide operations. His transition from that role will be completed on May 13.

“At the heart of any successful company are strong, trusted client relationships built on a track record of proven execution,” said Valentine. “As the market leader, Netsmart is in the unique position of being able to ‘lead’ with the best solutions through a commitment to innovation; ‘lead’ with the best service through the use of proven tools and methods; and ‘lead’ our clients through an unprecedented environment of regulatory and reimbursement change. I’m excited to have the opportunity with Netsmart to set a new bar not only for health and human services’ largest collaborative client community, but for the broader healthcare market as well.”

About Netsmart Technologies
Netsmart Technologies is an established, leading supplier of software-as-a service (SaaS) and
internally-installed software solutions for health and human services providers. More than 18,000 client organizations, including 350,000 care providers and more than 40 state systems, use Netsmart products to help improve the quality of life for millions of people each year.

Netsmart clients include mental health and substance abuse treatment agencies, psychiatric hospitals, private and group mental health practices, public health departments, vital records offices, and managed care organizations. Netsmart’s products are full-featured information systems that operate on a variety of operating systems, hardware platforms, and mobile devices, and offer unlimited scalability.

Netsmart provides the solutions and expertise that help its clients meet all the criteria for Meaningful Use of an Electronic Health Record (EHR) under the American Recovery and Reinvestment Act (ARRA) of 2009. These include a Complete ARRA-Certified EHR and associated solutions, including Netsmart OrderConnect™ for
e-prescribing and order entry, Netsmart CareConnect™ that enables the sharing of clinical information with labs and other providers, and the Netsmart ConsumerConnect™ Web portal to provide secure and private consumer access to their care information. Netsmart clients can utilize Netsmart solutions to meet all Stage 1 Meaningful Use criteria, avoiding the costly and time-consuming process of integrating solutions from multiple vendors.

For information about Netsmart Technologies’ full range of solutions for health and human services organizations, visit www.ntst.com or call 1-800-472-5509.

Avatar 2011, the CMHC/MIS 4.2 EHR Module and the Insight 7.0 EHR Module are 2011/2012 compliant and have been certified by the Drummond Group, an ONC-ATCB in accordance with the applicable certification criteria adopted by the Secretary of Health and Human Services. This certification does not represent an endorsement by the U.S. Department of Health and Human Services or guarantee the receipt of incentive payments.

Netsmart OrderConnect, Netsmart CareConnect and Netsmart ConsumerConnect are trademarks of Netsmart Technologies, Inc.

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