BWI: iSOFT Secures Future in Northern Ireland with A$ 17.4m (US$ 13.63m) Agreement

Press release from Business Wire India
Source: iSOFT Group
Tuesday, July 14, 2009 11:39 AM IST (06:09 AM GMT)
Editors: General: Consumer interest; Business: Banking & financial services, Business services, Financial Analyst, Information technology, Stock exchanges; Technology; Healthcare
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iSOFT Secures Future in Northern Ireland with A$ 17.4m (US$ 13.63m) Agreement


Chennai, Tamil Nadu, India and Sydney, Tuesday, July 14, 2009 -- (Business Wire India) -- iSOFT Group Limited - Australia's largest listed health information technology company today announced contract extensions in Northern Ireland totaling £8.4 million (A$ 17.4 million) (US$ 13.63m) for long-term support and maintenance services of its health information systems, including an option for one of the hospitals to progress to iSOFT's next-generation Lorenzo solution.

Under the agreements with the Department of Health, Social Services and Public Safety, iSOFT will continue to provide services until 2015 for its Clinicom patient management system to all nine of the major acute hospitals that currently use the solution. The deal includes the right to use Lorenzo at one of the hospitals until 2015.

iSOFT also agreed to support its primary care solution with 68 GP practices for a further three years, with an option to extend this contract by an additional year. In both cases, iSOFT is offering new functions, some of which are specific to the health system in Northern Ireland.

iSOFT is installing the latest version of Clinicom in the hospitals, which also have the option to add a range of software modules such as bed management and ordering of pathology tests online. A switch to new software is now possible after a separate project to update computer hardware to HP's latest server technology, which will also improve performance and resilience.

The contracts total £998,000 (A$ 2.1 million) (US$ 1.65m) in license fees, £435,000 (A$ 902,000) (US$ 706,564) for services, and £6.95 million (A$ 14.4 million) (US$ 11.28m) for support and maintenance, including the option to extend the primary care contract for a year.

"This is further confirmation of iSOFT's ability to deliver systems and benefits on a national scale, and provide our clients with a smooth transition to the latest Lorenzo technology at a lower cost," said Adrian Stevens, Managing Director of iSOFT UK and Ireland. "Northern Ireland is an important market for iSOFT, and these contracts put us in prime position to broaden our presence, offer additional services and collaborate in the highly innovative healthcare projects currently being considered."

"iSOFT is the linchpin in Northern Ireland's healthcare technology system and a critical component in the delivery of care to all of the country's 1.7 million people," Stevens said. "The software upgrade enables the hospitals to explore options that were previously unavailable to increase efficiency, reduce time and costs, and improve the quality of care."

About iSOFT Group

iSOFT Group Limited (ASX: ISF) is the largest health information technology company listed on the Australian Securities Exchange, and among the world's biggest providers of advanced application solutions in modern healthcare economies.

iSOFT works with healthcare professionals to design and build software applications that answer all of the difficult questions posed by today's healthcare delivery challenges. Our solutions act as a catalyst for change, supporting free exchange of critical information across diverse care settings and participating organisations.

Today, more than 13,000 provider organisations in 38 countries use iSOFT's solutions to manage patient information and drive improvements in their core processes. The Group's sustainable development is delivered through careful planning, in-depth analysis of the market, and anticipation of our clients' evolving requirements. Our business is driven by the collective talent, experience and commitment of more than 4,600 specialists in 16 locations worldwide, including more than 2,300 technology and development professionals.

A global network of iSOFT subsidiaries, supported by an extensive partner network, provides substantial experience of national healthcare markets. As a result, we offer our clients comprehensive knowledge of local market requirements in terms of culture, language, working practices, regulation and organizational structure. www.isofthealth.com.


CONTACT DETAILS
Crystal Aubert, iSOFT Group Limted, +91 9840391192, Crystal.Aubert@isofthealth.com
Twinkle Xavier, 20:20 MEDIA, +91 9884480115, twinkle@2020india.com

KEYWORDS
CONSUMER, BANKING, BUSINESS SERVICES, Financial Analyst, IT, STOCK EXCHANGES, TECHNOLOGY, HEALTHCARE

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