Streamline Health Solutions, Inc. F4Q08 (Qtr End 01/31/09) Earnings Call Transcript

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2009-04-09 18:09:11.0

Tags: Risk, Forward-looking Statement, Streamline, Call Transcript, Health Care, Earnings, Streamline Health Solutions Inc., Vertical Industries, Benefits, Healthcare, Enterprise Software, Software, Human Resources, Seeking Alpha

Earnings Call Excerpt

Streamline Health Solutions, Inc. (STRM)

F4Q08 Earnings Call

April 9, 2009 4:30 pm ET

Executives

Joe Diaz - Investor Relations, Lytham Partners

J. Brian Patsy - President and Chief Executive Officer

Don Vick - Interim Chief Financial Officer

Joe Brown - Chief Information Officer & Vice President of Client Services

Scott Boyden - Senior Vice President of Sales and Marketing

Analysts

Tom Carpenter - Hilliard Lyons

Bill Bunn - Fort Washington Investment

Mark Cahill - Private Investor

Presentation

Operator

Welcome everyone to the Streamline Health Solutions year end 2008 conference call. (Operator Instructions)

At this time I would like to turn the call over to Mr. Joe Diaz of Lytham Partners. Mr. Diaz you may begin your conference.

Joe Diaz

Thank all of you for joining us to review the financial results of Streamline Health Solutions for the fourth quarter and the fiscal year ended January 31, 2009. As the operator indicated, my name is Joe Diaz. I’m with Lytham Partners. We are the financial relations consulting firm for Streamline Health.

With us on the call representing the company today are Mr. Brian Patsy, President and Chief Executive Officer and Mr. Don Vick, Interim Chief Financial Officer.

At the conclusion of today’s prepared remarks we will open the call for a question-and-answer session. If any one participating on today’s call does not have a full text copy of the release, you can retrieve it off the company’s website at www.streamlinehealth.net or numerous financials sites on the Internet.

Before we begin with prepared remarks, we submit for the record the following statement: Statements made by the management team of Streamline Health Solutions during the course of this conference call that are not historical facts are considered to be forward-looking statements which are subject to risks and uncertainties. The private Securities Litigation Reform Act of 1995 provides the Safe Harbor for such forward-looking statements. The words believe, expect, anticipate, estimates, will and other similar statements of expectation identify forward-looking statements.

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 the company’s products, the ability of the company to control costs, availability of products produced from third-party vendors, the health care regulatory environment, healthcare information systems budgets, availability of health care 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 Streamline Health Solutions filings with the U.S. Securities and Exchange Commission.

 

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