Computer Programs & Systems Q4 2007 Earnings Call Transcript

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2008-02-01 08:37:13.0

Tags: Computer Programs & Systems Inc.

Question-and-Answer Session

Operator

Thank you. (Operator Instructions). Our first question comes from the line of Robert Dodd, Morgan Keegan. Please go ahead.

Robert Dodd - Morgan Keegan

Hi, guys. Can you give us an update on sales of the new products that you've just got certifications for what you're doing there in terms of your approach and also how the sales organization of West Coast is progressing?

Boyd Douglas

Sure. As far as our products, of course, we've only got one lot of products, our system which became CCHIT Certified in November. That has been a shot in the arm force because some of our competitors do not have that certification yet. So certainly, that's been a positive force.

As far as the West Coast, we remain pleased with our progress out there, we do have a lot of interest our there and we decided to submit significant amount of money by having our sales people look at it up there instead of flying from MOBILE as we've talked about every week.

Robert Dodd - Morgan Keegan

And then just one follow-up on the outsourcing services up 15%, what's the deconversion or anything like that in there this quarter?

Boyd Douglas

Say that again, Robert.

Robert Dodd - Morgan Keegan

Did you have any contracts that rolled off on the outsourcing services side, in terms of -- the growth was a bit slower than I was expecting.

Boyd Douglas

No. And it was a little bit lower than we're expecting too, but if you recall on the last call or maybe even the last two calls, I have talked about at some point, we're going to become a victim of the bigger numbers. And that's why we're certainly adding people and adding capacity. But as we add those contracts, it didn't grow as much as we wanted, again, mostly because of the bigger numbers. But no we did not have any roll off.

Robert Dodd - Morgan Keegan

Okay. Thank you.

Operator

Our next question comes from the line of Corey Tobin from William Blair & Company. Please proceed with your questions.

Jeremy Lopez - William Blair & Company

Hi, good morning, gentlemen. It's Jeremy for Corey. Boyd, I know you've talked in the past about just sort of a law in the end markets, I'm wondering if you can kind of give us some thoughts on -- update us there. And whether or not your customers are seeing any challenges with respect to the financial and stability to market on the municipal level given some of the things we've seen in the headlines with MBIA and MBAC and what not?

 

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