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AMICAS Reports Financial Results for the Third Quarter Ended September 30, 2009

11/04/2009
Continued from page 1

Business Perspective

"We are very pleased with our performance in the third quarter of 2009. We demonstrated excellent progress on a number of important fronts - including record bookings and revenue, accelerated progress on our business integration, and continued focus on customer success, while at the same time pursuing strategic growth opportunities," said Stephen Kahane MD, president, chief executive officer, and chairman of AMICAS. "Whether you measure by customers, revenue, or facilities served, AMICAS is a major player in the market for image and information management - an area critical for improving the effectiveness and efficiency of healthcare in the United States and beyond and very important in our move towards broad adoption of electronic medical records."

Kahane also said, "We continue to maintain focus on our core markets - including radiology and cardiology departmental image and information management solutions for hospitals and integrated delivery healthcare networks as well as comprehensive, end-to-end solutions that automate the entire workflow of a radiology practice or imaging center business. In parallel, we are committed to capitalizing on a number of opportunities that we believe provide excellent prospects for growth, including the need for the imaging component of the EMR and related enterprise content management, the market for teleradiology infrastructure and application solutions, and a growing trend in replacement opportunities where customers value interoperability, modern technology, and opportunities for high returns on investment."

Kahane continued, "We are honored to be the recent recipient of the exclusive 2009 Frost & Sullivan North American Growth Leadership of the Year Award in Imaging Informatics. We believe this award reflects the convergence of our organic growth, our solution competitiveness, our combination with Emageon, and our prospects for future growth and success."

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