Netsmart Technologies Named One of Fortune Small Business Magazine's Top 100 Fastest Growing Companies
23 June 2004 - 12:38AM
PR Newswire (US)
Netsmart Technologies Named One of Fortune Small Business
Magazine's Top 100 Fastest Growing Companies Netsmart Ranked #70 of
Companies With Revenues Under $200 Million GREAT RIVER, N.Y., June
22 /PRNewswire-FirstCall/ -- Netsmart Technologies, Inc.
(NASDAQ:NTST), a leading supplier of enterprise-wide software for
health and human services providers, today announced that it has
been ranked 70th in the FORTUNE Small Business Magazine list of the
top 100 fastest growing companies with revenues under $200 million.
To compile the list, FORTUNE Small Business ranked public companies
with annual revenue of less than $200 million and a stock price of
more than $1 (to eliminate penny stocks), based on earnings growth,
revenue growth, and stock performance over the past three years.
James Conway, CEO of Netsmart Technologies stated, "We are
extremely pleased to be independently recognized by FORTUNE Small
Business magazine." To be published in the July/August 2004 issue
of FORTUNE Small Business Magazine. About Netsmart Technologies,
Inc. Netsmart Technologies, Inc. of Great River, N.Y., through
Creative Socio- Medics, is an established, leading supplier of
enterprise-wide software solutions for health and human services
providers with over 600 clients, including 26 systems with state
agencies. Creative's clients include health and human services
organizations: public health agencies, mental health and substance
abuse clinics, psychiatric hospitals, and managed care
organizations. Avatar Practice Management and the Avatar Clinician
Work Station, Creative's core products, are full-featured
information systems that operate on a variety of operating systems,
hardware platforms, and mobile devices and offer unlimited
scalability. Statement on Behalf of Netsmart Technologies, Inc.
Statements in this press release may be "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Words such as "anticipate", "believe,"
"estimate," "expect," "intend" and similar expressions, as they
relate to the company or its management, identify forward-looking
statements. These statements are based on current expectations,
estimates and projections about the company's business based, in
part, on assumptions made by management. These statements are not
guarantees of future performance and involve risks, uncertainties
and assumptions that are difficult to predict. Therefore, actual
outcomes and results may, and probably will, differ materially from
what is expressed or forecasted in such forward-looking statements
due to numerous factors, including those described above and those
risks discussed from time to time in Netsmart's filings with the
Securities and Exchange Commission. In addition, such statements
could be affected by risks and uncertainties related to product
demand, market and customer acceptance, competition, pricing and
development difficulties, as well as general industry and market
conditions and growth rates, and general economic conditions. Any
forward-looking statements speak only as of the date on which they
are made, and the company does not undertake any obligation to
update any forward-looking statement to reflect events or
circumstances after the date of this release. Information on
Netsmart's or Creative's website do not constitute a part of this
release. DATASOURCE: Netsmart Technologies, Inc. CONTACT: Ron Marge
of Netsmart Technologies, 1-800-421-7503, ext. 2026, ; or Stuart
Fine of Carpe DM, Inc., +1-908-490-0075, , for Netsmart
Technologies, Inc. Web site: http://www.netsmartech.com/
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