Streamline Health Announces Joint Marketing Agreement With nTelagent

CINCINNATI, July 17, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (STRM), a leading provider of enterprise content management and business analytics solutions for healthcare organizations, today announced that it has entered into a joint marketing agreement with nTelagent, Inc., a leading provider of point-of-service solutions to support revenue cycle improvements within healthcare organizations' patient access departments. As part of the agreement, nTelagent will market the benefits of the Streamline Health business intelligence solutions and patient financial services workflows, and Streamline Health will promote the benefits of nTelagent's point-of-service solution to clients and prospects.

nTelagent's automated point-of-service solution provides patient access specialists with the information they need to maximize cash collections and handle the various situations that occur at point of registration. The nTelagent system enables providers to settle all accounts on the front end by guiding patient access staff through each patient encounter via real-time, customized scripts.

Streamline Health's business intelligence solution, OpportunityAnyWare, along with the company's ARWare and AuditWare workflows, help healthcare providers to achieve optimal financial performance while providing exceptional patient service and satisfaction. These solutions help healthcare organizations understand complex financial information that is often stored in disparate data repositories and structures data in a way that helps users make informed and actionable business decisions. Combined with nTelagent's retail point-of-service solutions, hospitals are able to create a complete process from point of service to patient billing that helps maximize overall cash collections and minimizes the cost to collect.

"We believe that combining OpportunityAnyWare and our patient financial services solutions with nTelagent's solutions will provide our mutual clients a broader capability to increase cash collections while using analytics to identify and address areas for improvement," said Robert E. Watson, president and chief executive officer of Streamline Health. "We are pleased to be adding another distribution channel partner who can strategically offer our solutions to their clients, while we have gained the opportunity to offer a new set of solutions to our clients."

"In the current healthcare market, having effective systems in place is critical for providers to maintain financial viability, and to continue giving patients exceptional care and service," explained Earl Winter, nTelagent CEO. "Partnering with Streamline Health, a proven leader in revenue cycle technology, allows nTelagent to strengthen our existing offerings to clients. In addition, our own expertise in helping hospitals increase upfront and overall collections will now be marketed to a larger number of companies, thanks to Streamline's network of clients."

About Streamline Health
Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. Visit www.streamlinehealth.net for more information.

About nTelagent
nTelagent's fully integrated point-of-service solution for managing accounts receivable revolutionizes how healthcare providers interact with patients. The system enables providers to settle all accounts on the front end by guiding patient access staff through each patient encounter via real-time, customized scripts. From insurance verification to payment processing, registration is fast, simple and accurate for all patients: insured, uninsured and those qualifying for financial assistance. In addition to increasing upfront cash and cash on hand, nTelagent clients reduce AR days and bad debt, follow consistent practices on all registrations, identify accounts needing financial assistance, and provide dynamic reports for real-time end-user monitoring. Visit www.ntelagent.com for more information. For a video overview of nTelagent, visit  www.ntelagent.com/Video_and_Demo.html.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors 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 timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, 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, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, 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.

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Streamline Health® Solutions Reports Q1 Results

CINCINNATI, June 7, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (STRM) today announced financial results for the first quarter of fiscal year 2012, ended April 30, 2012.

Highlights for the quarter included:

Achieved net profit of $492,000;Adjusted EBITDA for first quarter 2012 was $1.7 million an increase of 172%  over first quarter 2011;Recurring maintenance revenues improved by 13% over the prior comparable quarter;Software as a service (SaaS) revenues for the quarter increased 22% over the prior comparable quarter, excluding $490,000 of incremental SaaS revenue from the acquired operations of Interpoint Partners;New sales bookings for the quarter were $4.4 million;Maintenance and SaaS contract renewals for the quarter were $3.1 million;Backlog at the end of the quarter was $31.4 million, which was a 78% increase from the first quarter of 2011;

Revenues for the three month period ended April 30, 2012, were $5,445,000; as compared to $4,140,000 in the comparable period of fiscal 2011.  The quarterly and year to date increase was primarily attributable to revenues provided by increases in recurring maintenance and SaaS revenues.

The former Interpoint Partners, LLC business, acquired in the fourth quarter of fiscal 2011, contributed an incremental $490,000 in SaaS revenue in the first quarter of fiscal 2012. Recurring revenues from SaaS (net of Interpoint incremental revenues) and maintenance increased $203,000 and $275,000, respectively. These increases are due to annual increases, expansion of services to current clients, and additional revenue from a client that has transitioned to a direct relationship with Streamline Health.

Operating expenses for the three-month period ending April 30, 2012 were $4,773,000, compared to $4,394,000 in the comparable prior year period; an increase of $379,000 or 9% over the prior year comparable period.

As a result, Streamline Health recorded an operating profit of $672,000 or $0.07 per fully diluted share, for the three month period ended April 30, 2012 compared with an operating loss of $254,000, or ($0.03) per fully diluted share, for the prior year comparable quarter. Adjusted EBITDA* (a non-GAAP measure) for the quarter ended April 30, 2012 was $1.7 million, or $0.17 per fully diluted common share, compared to $630,000, or $0.06 per fully diluted common share in the comparable prior year quarter. A reconciliation table is provided below.

New sales bookings for the fourth quarter were $4.4 million, primarily consisting of professional services, and software as a service contracts.  Maintenance and SaaS renewals or extensions were $3.1 million.

Backlog at April 30, 2012 was $31.4 million, compared with $27.4 million at January 31, 2012 and $17.7 million at April 30, 2011. The increase in the current backlog reflects significant new SaaS contract signings as well as current clients purchasing additional solutions.  Additions to backlog included a five year agreement with Boston Medical Center to extend the use of our business analytics and patient financial services solutions, a renewal for a new five year agreement with Bronx-Lebanon Hospital Center, which was also transitioned to a direct agreement with Streamline Health; and a new SaaS agreement with Einstein Healthcare Network to employ our OpportunityAnyWare, ARWare, and 835 DenialWare solutions.

Robert E. Watson, President and Chief Executive Officer of Streamline Health said, "The results for the quarter, by every financial metric, clearly highlight that we are making meaningful progress in our transition to a results oriented healthcare information technology company.  Needless to say, we are pleased with our progress.  This quarter was a significant step forward in the transition process that began some fifteen months ago."

Mr. Watson continued, "Continuing the trend noted in previous quarters, we are also pleased with the transition, completed during the quarter, of Bronx-Lebanon Hospital Center to a 'direct client' and the extension of their agreement with us for an additional five years.   Also during the quarter, Einstein Healthcare Network, a ten-year client of our AccessAnyWare solution, purchased our OpportunityAnyWare solution for their clinic operations.  This was the first purchase of the former Interpoint Partners' solution by a Streamline Health client.  Additionally, the purchase by Boston Medical Center of the OpportunityAnyWare solution for their clinics is an example of our team's ability to upsell additional solutions in our installed base of clients. In conjunction with our continuing focus on managing operating expenses, we continue to make meaningful progress in our goal for Streamline Health to become a world-class healthcare information technology company."

* Non-GAAP Financial Measures
Streamline Health reports its financial results in accordance with generally accepted accounting principles in the United States ("GAAP"). Streamline Health's management also evaluates and makes operating decisions using various other measures. One such measure is adjusted EBITDA, which is a non-GAAP financial measure. Streamline Health's management believes that these measures provide useful supplemental information regarding the performance of Streamline Health's business operations.

Streamline Health defines "adjusted EBITDA" as net earnings (loss) plus interest expense, tax expense, depreciation and amortization expense of tangible and intangible assets, and stock-based compensation expense.  A table illustrating this measure is included in this publication.

Conference Call Information
Streamline Health will conduct a conference call and webcast to review the results of the first quarter of fiscal 2012 today, June 7, 2012, at 11:00 a.m. ET.

Interested parties can access the call by dialing 877-407-8037, or listen via a live Internet webcast, which can be found at www.streamlinehealth.net or http://www.investorcalendar.com/IC/CEPage.asp?ID=168741.

In addition, a replay of the conference call will be archived and available until June 29, 2012 at the following number: 877-660-6853, account number: 396 and then conference ID: 395382.

About Streamline Health
Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. For more information visit www.streamlinehealth.net.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. 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, uncertainties and important factors 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 Streamline Health to control costs, availability of products produced from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, 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, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which Streamline Health operates and nationally, and Streamline Health's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, 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. Streamline Health 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.

Financial Tables on Following Pages

STREAMLINE HEALTH SOLUTIONS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

  Cost of maintenance and support

  Selling, general and administrative

  Product research and development

  Miscellaneous income (expense)

Earnings (loss) before income taxes

Basic net earnings (loss) per common share

Number of shares used in basic per common share computation

Diluted net earnings (loss) per common share

Number of shares used in diluted per common share computation

STREAMLINE HEALTH SOLUTIONS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

Assets

  Accounts receivable, net of allowance for doubtful

    accounts of $100,000 and $100,000, respectively

  Prepaid hardware and third party software for future delivery

  Prepaid client maintenance contracts

  Office furniture, fixtures and equipment

  Accumulated depreciation and amortization

 Contract receivables, less current portion

 Capitalized software development costs, net of accumulated

   amortization of $­­­15,447,914 and $14,805,236, respectively

 Other, including deferred income taxes of $711,000, respectively

STREAMLINE HEALTH SOLUTIONS, INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

Liabilities and Stockholders' Equity

  Current portion of deferred revenues

  Contingent consideration for earn-out

  Lease incentive liability, less current portion

  Convertible redeemable preferred stock, $.01 par value
per share, 5,000,000 shares authorized, no shares issued

  Common stock, $.01 par value per share, 25,000,000
shares authorized, and 10,433,716 shares issued and
outstanding, respectively

STREAMLINE HEALTH SOLUTIONS, INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

Three Months Ended April 30,
(Unaudited)

  Adjustments to reconcile net earnings (loss) to net cash

    provided by (used in) operating activities:

    Stock-based compensation expense

  Change in assets and liabilities:

    Accounts, contract and installment receivables

  Net cash provided by (used in) operating activities

  Purchases of property and equipment

  Capitalization of software development costs

  Net cash used in investing activities

  Net change under revolving credit facility

 Payments on capital lease obligation

  Net cash provided by financing activities

Increase (decrease) in cash and cash equivalents

Cash and cash equivalents at beginning of period

Cash and cash equivalents at end of period

Supplemental cash flow disclosures:

STREAMLINE HEALTH SOLUTIONS, INC.
Backlog
(Unaudited)
Table A

Streamline Health proprietary software

Hardware and third party software

STREAMLINE HEALTH SOLUTIONS, INC.
Bookings
(Unaudited)
Table B

Streamline Health Software licenses

Hardware & third party software

STREAMLINE HEALTH SOLUTIONS, INC.
Reconciliation of Non-GAAP Financial Measures
(Unaudited)
Table C

This press release contains a non-GAAP financial measure under the rules of the U.S. Securities and Exchange Commission for adjusted EBITDA. This non-GAAP information supplements and is not intended to represent a measure of performance in accordance with disclosures required by generally accepted accounting principles. Non-GAAP financial measures are used internally to manage the business, such as in establishing an annual operating budget. Non-GAAP financial measures are used by Streamline Health's management in its operating and financial decision-making because management believes these measures reflect ongoing business in a manner that allows meaningful period-to-period comparisons. Accordingly, Streamline Health believes it is useful for investors and others to review both GAAP and non-GAAP measures in order to (a) understand and evaluate current operating performance and future prospects in the same manner as management does and (b) compare in a consistent manner the company's current financial results with past financial results. The primary limitations associated with the use of non-GAAP financial measures are that these measures may not be directly comparable to the amounts reported by other companies and they do not include all items of income and expense that affect operations. The Company's management compensates for these limitations by considering the company's financial results and outlook as determined in accordance with GAAP and by providing a detailed reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures in the tables attached to this press release.

Reconciliation of net earnings (loss) to non-GAAP adjusted EBITDA (in thousands)

Adjusted EBITDA Reconciliation

    Amortization of capitalized software  development  costs  

    Amortization of intangible assets

    Stock-based compensation expense

Adjusted EBITDA per diluted share

Earnings (loss) per share - diluted

Adjusted EBITDA per adjusted diluted share

Diluted weighted average shares

    Includable incremental shares – adjusted EBITDA(1)

(1) The number of incremental shares that would be dilutive under profit assumption, only applicable under a GAAP net loss. If GAAP profit is earned in the current period, no additional incremental shares are assumed. If negative adjusted EBITDA is incurred, no additional incremental shares are assumed for adjusted diluted shares.

Visit our web site at: www.streamlinehealth.net

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Streamline Health Announces Joint Marketing Agreement With FTI Consulting

CINCINNATI, Feb. 2, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM - News), a leading provider of enterprise content management and business analytics solutions for healthcare organizations, today announced that it had entered into a joint marketing agreement with FTI Consulting, Inc. (NYSE: FCN - News), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value. As part of the agreement, FTI Consulting will market the benefits of the Streamline Health business intelligence and analytic software along with patient financial services workflows, and Streamline Health will highlight the benefits of the firm's consulting services to both clients and prospects.

FTI Consulting also will utilize Streamline Health's solutions on performance improvement projects to maximize financial results for its clients. Working with Streamline Health, FTI Consulting will use the solutions along with its professional advisors to facilitate and accelerate the identification and achievement of revenue cycle performance for its clients nationwide. Streamline Health's solutions will give FTI Consulting the technology required to continue to exceed its projects' objectives and differentiate itself as the premier leader of healthcare performance improvement advisors.

"The global expertise and innovative thought leadership of FTI Consulting will help us to ensure our market is fully aware of the benefits of our solutions and how they can be used to optimize healthcare organizations' revenue cycle performance and maximize financial results," said Robert E. Watson, president and chief executive officer of Streamline Health. "Combining the expertise of FTI Consulting with our solutions will help healthcare providers make informed and actionable business decisions for more efficient revenue cycle management."

Brian Flynn, Senior Managing Director of the FTI Consulting Healthcare Solutions group, said: "Streamline Health is an industry leader in providing revenue cycle operations technology solutions, and we are pleased to be working in partnership with Streamline Health to bring innovative, cutting-edge business intelligence solutions to our healthcare clients across our practices.  In addition to strengthening our existing offering to clients, this agreement allows us to market our expertise to a larger array of companies through Streamline Health's deep network of organizations."

About Streamline Health

Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. For more information, visit www.streamlinehealth.net.

About FTI Consulting

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 3,800 employees located in 23 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The company generated $1.4 billion in revenues during fiscal year 2010. More information can be found at www.fticonsulting.com.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995

Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward-looking statements contained herein are subject to certain risks, uncertainties and important factors 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 timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third-party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, and availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accounting Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, 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 website at: www.streamlinehealth.net

Director of Marketing Communications

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The Nebraska Medical Center Expands Use of Streamline Health Content Management Solutions

CINCINNATI, Feb. 2, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM - News), a leading provider of enterprise content management and business analytics solutions for healthcare organizations, today announced that The Nebraska Medical Center will expand its use of Streamline Health's content management solutions through a direct licensing agreement with the Company. The medical center is migrating to a direct license with the Company from a license through a Streamline Health strategic partner.

The Nebraska Medical Center is Nebraska's largest healthcare facility, employing more than 4,900 employees and with over 1,000 physicians in all major specialties and sub-specialties on staff. The medical center has successfully utilized Streamline Health's AccessAnyWare® and FolderAnyWare content management solutions and HIM workflows in its Health Information Management and Patient Financial Services departments since 2006. As part of the new agreement the medical center will continue to license these solutions and will also add Streamline Health's Integration Suite for Epic EMR. The Integration Suite will allow for seamless access to scanned patient information within the Epic electronic medical record system, providing physicians and staff in multiple departments with instant access to critical information.

"Our Company's growth and the ongoing development of our solutions are reflected in our clients' expanding use of our solutions," said Robert E. Watson, president and chief executive officer of Streamline Health. "The Nebraska Medical Center is a valued client and we are pleased that it has chosen a direct license with Streamline Health. By utilizing our Integration Suite with its EMR, the medical center will have an even more powerful system to help staff access information and continue to provide the level of care the medical center is known for."

About Streamline Health

Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. For more information visit www.streamlinehealth.net.

About The Nebraska Medical Center

With a reputation for excellence, innovation and extraordinary patient care, The Nebraska Medical Center has earned J.D. Power and Associates' Hospital of Distinction award for inpatient services for six consecutive years. It also received the 2011 Consumer Choice Award, a mark of patient satisfaction as selected by healthcare consumers and has achieved Magnet recognition status for nursing excellence. As the teaching hospital for the University of Nebraska Medical Center, this 624 licensed bed academic medical center has an international reputation for providing solid organ and bone marrow transplantation and is well known nationally and regionally for its oncology, neurology and cardiology programs.  The Nebraska Medical Center can be found online at www.nebraskamed.com.

Epic is a registered trademark of Epic Systems Corporation.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995

Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors 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 timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, 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, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, 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.

Director of Marketing Communications

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Streamline Health Expands Client Base With Software as a Service Agreement with Riverside Medical Group

CINCINNATI, Jan. 31, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM - News), a leading provider of enterprise content management and business analytics solutions for healthcare organizations, today announced that Riverside Medical Group has signed an agreement to license the Company's physician workflow management solution to manage accounts receivable and denials.

Riverside facilities include physician offices, outpatient centers, convalescent facilities, retirement communities, hospitals, and other services throughout eastern Virginia. The company has licensed Opportunity Manager along with the accounts receivable and denial management workflows. These solutions will provide advanced data insight to identify areas of performance improvement across the revenue cycle continuum, allowing the physician practices to maximize revenues and effectively prioritize and manage outstanding accounts receivable levels. They will also be used to help maximize the overturn of denials through proactive follow-up.

"New clients like Riverside Medical Group expand Streamline Health's presence in the healthcare space by providing workflow and analytic solutions to the ambulatory side of patient care in addition to the acute business," said Robert E. Watson, president and chief executive officer of Streamline Health. "The sale of these solutions demonstrates the additive value to our business of our recent Interpoint Partners acquisition. Riverside Medical Group recognized the value in our new business analytics solutions and the advanced reporting capabilities they will provide. We're pleased to add them to our list of respected healthcare organization clients."

"We chose solutions from Streamline Health because of the ability to integrate with our practice management system, as well as the ability to adjust the workflows to meet our specific needs," said Richelle Fleischer, Vice President Revenue Cycle and Customer Relations Management, Riverside Health System. "We were looking for a proven solution from an established healthcare information technology vendor, and are very happy with our choice of Streamline Health."

About Streamline Health

Streamline Health provides solutions that help hospitals and physician groups improve efficiencies and business processes across the enterprise to enhance and protect revenues. Our enterprise content management solutions transform unstructured data into digital assets that seamlessly integrate with disparate clinical, administrative, and financial information systems. Our business analytics solutions provide real-time access to key performance metrics that enable healthcare organizations to identify and manage opportunities to maximize financial performance. Our integrated workflow systems automate and manage critical business activities to improve organizational accountability to drive both operational and financial performance. Across the revenue cycle, our solutions offer a flexible, customizable way to optimize the clinical and financial performance of any healthcare organization. For more information visit www.streamlinehealth.net.

About Riverside Medical Group

Riverside Medical Group (RMG) is one of the largest and most diverse multi-specialty group practices in the state of Virginia. Currently, RMG has 450 providers delivering care in 132 locations across the Hampton Roads area. Our providers are linked by an electronic medical record that is leading the nation.  The Electronic Medical Record provides a higher quality documentation of patient care that can speed up healthcare decisions, increase convenience and improve patient safety and ultimately save lives. Through a combination of information technology and medical knowledge RMG is positioned to be the driving force in the health of the communities it serves.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995

Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors 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 timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, 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, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, 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.

Director of Marketing Communications

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Nationwide Children's Hospital Extends Licensing Agreement With Streamline Health

CINCINNATI, Jan. 18, 2012 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM - News), a leading provider of enterprise document management and revenue cycle solutions for healthcare organizations, today announced that Nationwide Children's Hospital has extended its licensing agreement for five years and adds additional document management and workflow solutions to its existing Streamline Health solutions.

A national leader in pediatric care, Nationwide Children's Hospital ranks in all ten specialties in U.S. News & World Report's 2011-2012 edition of "America's Best Children's Hospitals." As part of the agreement the hospital will:

Extend its existing license an additional five years for Streamline Health's Software as a Service (SaaS) model, which provides systems management, continual monitoring, and full security for Streamline Health document management and workflow solutions; License Streamline Health's Integration Suite for Epic EMR to provide instant access to scanned clinical and financial records from within the Epic electronic medical record system with the goal of improving patient care and saving physician and staff time; License Streamline Health's FolderAnyWare, a flexible document management system that provides secure, searchable storage of almost any file type or record with the goal of improving operating efficiencies within its Patient Financial Services department, and; License Streamline Health's CharityWare workflow to speed the processing of charitable applications, with the goal of increasing productivity and enabling faster application submission for quicker reimbursement.

"We are pleased that Nationwide Children's Hospital will be expanding its use of our solutions," said Robert E. Watson, president and chief executive officer of Streamline Health. "By adding our non-patient centric document management system and patient financial services workflow solution we believe the hospital will take a step closer to reducing its dependence on paper. Also, by integrating our solutions with the electronic medical record system we believe the hospital will move closer to its goal of providing staff with a way to easily and quickly access the complete patient record."

About Streamline Health

Streamline Health provides leading-edge technology solutions that help healthcare provider organizations improve the quality of patient care, reduce operating expense, and optimize revenue. Our Software as a Service solutions simplify and facilitate improved patient access, transition paper-based content to electronic records, and provide increased transparency to key financial metrics. For more information please visit our website at www.streamlinehealth.net.

About Nationwide Children's Hospital

Ranked in U.S. News & World Report's 2011-12 "America's Best Children's Hospitals," Nationwide Children's Hospital is one of the nation's largest not-for-profit freestanding pediatric healthcare networks providing wellness, preventive, diagnostic, treatment and rehabilitative care for infants, children, and adolescents as well as adult patients with congenital disease. A medical staff of 1,000 and a hospital staff of 7,600 provide state-of-the-art pediatric care for more than 949,000 patient visits annually. As home to the Department of Pediatrics of The Ohio State University College of Medicine, Nationwide Children's Hospital physicians train the next generation of pediatricians and pediatric specialists. The Research Institute at Nationwide Children's Hospital is one of the top 10 National Institutes of Health-funded freestanding pediatric research facilities. Nationwide Children's remains true to the original mission since its founding in 1892 of providing care regardless of a family's ability to pay. More information is available at NationwideChildrens.org.

Epic is a registered trademark of Epic Systems Corporation.

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Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors 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 timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, 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, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, 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.

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