Emageon Provides Update Regarding Merger Transaction | Emageon, Inc.
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Healthcare Company News Emageon, Inc. Emageon Provides Update Regarding Merger Transaction

Emageon Provides Update Regarding Merger Transaction

Company News - Emageon, Inc.
Emageon, Inc. has announced that Health Systems Solutions, Inc. have informed them that they could not secure the required funds for the acquisition of Emageon, Inc. as scheduled.

Emageon, Inc. (Nasdaq: EMAG), a leader in enterprise medical information technology systems for hospitals and health care networks, announced that it has been informed by Health Systems Solutions, Inc. (OTC Bulletin Board: HSSO) that it does not expect that Stanford International Bank Ltd. (SIBL) will provide the funding necessary to consummate the parties' merger transaction today. The merger was scheduled to close today, February 11, 2009, in accordance with the terms of the parties' amended merger agreement. Emageon, Inc is evaluating its options in response to this development.

About Emageon, Inc.

Emageon, Inc. provides information technology systems for hospitals, healthcare networks and imaging facilities. Its enterprise family of solutions includes RadSuite(TM), HeartSuite(TM) and other specialty suites. All Emageon, Inc. solutions are built on a unified Enterprise Content Management system offering advanced visualization and infrastructure tools for the clinical analysis and management of digital medical images, reports and associated clinical content. Emageon's standards-based solutions are designed to help customers enhance patient care, automate workflow, lower costs, improve productivity and provide better service to physicians. For more information, please visit www.emageon.com.

Source: Emageon, Inc.

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