LANV Lanvision Systems (MM)

Streamline Health Secures $6.3 Million in Remote Hosting Contract Renewals Transactions Highlight Effectiveness of Remote Hosting Solution CINCINNATI, May 19 /PRNewswire-FirstCall/ -- LanVision Systems, Inc. (NASDAQ:LANV) dba Streamline Health(TM) today announced that two of its existing remote application hosting customers have renewed their respective remote hosting services contracts for Streamline Health's comprehensive workflow and document management services. The two remote hosting contracts are valued at approximately $6.3 million in recurring subscription fees over the terms of the agreements. One three-year renewal agreement calls for Streamline Health to continue to provide its industry-leading Heath Information Management workflow solutions and services to an existing large customer in the Southern region of the United States via its remote hosting service center based in Cincinnati, Ohio. Physicians and clinicians at that prestigious institution will continue to enjoy uninterrupted access to current and historic patient information brought about by the seamless integration of Streamline Health's applications with the institution's existing clinical information system. The second Streamline Health customer in the Midwest region of the United States renewed its remote hosting services agreement for an additional two years. This institution has been a valued customer of Streamline Health since 1990 and has utilized the remote hosted alternative for workflow and document management services since 1999. Streamline Health's remote hosting services provide healthcare organizations with an alternative model to purchasing and maintaining in-house enterprise workflow and document management solutions, thereby allowing healthcare organizations to achieve the benefits of these solutions without a large capital and staffing investment. As with in-house systems, however, clinicians and other healthcare professionals (Health Information Management, Patient Financial Services, Human Resources and Supply Chain Management) receive the same secure, fast and trusted access to information from any location. J. Brian Patsy, president and chief executive officer of Streamline Health, remarked, "We were honored several years ago when both of these prestigious institutions selected our Health Information Management workflow solutions to streamline inefficient document-centric processes within their enterprises. I am pleased to say that these recent contract renewals continue to validate the efficacy provided by our remote application hosting model, and our ability to improve operational efficiencies by automating document- intensive environments. I look forward to many additional years of helping these leading organizations achieve their corporate objectives." About Streamline Health Streamline Health is a leading supplier of workflow and document management tools, applications and services that assist strategic business partners, healthcare organizations, and customers to create and improve operational efficiencies through business process re-engineering and automating demanding document-intensive environments. The company's workflow- based services offer solutions to inefficient and labor-intensive healthcare business processes throughout the revenue cycle, such as chart coding, abstracting and completion, remote physician order processing, pre-admission registration scanning and signature capture, insurance verification, secondary billing services, explanation of benefits processing and release of information processing. The company's solutions also address the document workflow needs of the Human Resource and Supply Chain Management departments of the healthcare enterprise. All solutions are available for purchase or through a remote hosting services model that better matches customers' capital or operating budget needs. Streamline Health's solutions create a permanent document-based repository of historical health information that is complementary and can be seamlessly integrated with existing disparate clinical, financial and administrative information systems, providing convenient electronic access to all forms of patient information from any location, including access using a web-browser through the Intranet/Internet. These integrated systems allow providers and administrators to link systems with documents, which can dramatically improve the availability of patient information while decreasing direct costs associated with document retrieval, work-in-process, chart processing, document retention, and archiving. Streamline Health provides remote hosting services to various healthcare providers including University Hospital, a member of The Health Alliance of Greater Cincinnati, and Children's Medical Center of Columbus, OH. In addition, the Company has installed its workflow and document management solutions at leading healthcare providers including Stanford Hospital and Clinics, Albert Einstein Healthcare Network, Beth Israel Medical Centers, University of Pittsburgh Medical Center, Medical University Hospital Authority of South Carolina, and Memorial Sloan-Kettering Cancer Center. For additional information please visit our website at http://www.streamlinehealth.net/ . "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995 Statements made by LanVision Systems, Inc., d/b/a Streamline Health that are not historical facts are forward-looking statements that are subject to risks and uncertainties. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements, included herein. These risks and uncertainties include, but are not limited to, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell Streamline Health products, the ability of the Company to control costs, availability of products produced from third party vendors, the healthcare regulatory environment, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results and other risks detailed from time to time in the LanVision Systems, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Visit our web sites at http://www.streamlinehealth.net/ DATASOURCE: LanVision Systems, Inc. CONTACT: Tom Agler, Manager, Media Relations of LanVision Systems, Inc., +1-513-794-7100 Web site: http://www.streamlinehealth.net/ http://www.lanvision.com/

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