iSOFT Group Limited

 ASX:ISF ISIN:AU000000ISF7

Feb 10, 2012

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iSOFT Group Limited Company Summary

 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 about 40 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 4,700 specialists, including more than 2,700 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.
 

DIRECTORS / OFFICERS

 
Gary Cohen - B Com LLB LLM (Hons)
Executive Chairman and Chief Executive Officer
Gary was appointed Chairman in September 1999, following a two year period as CEO. Prior to his association with iSOFT he developed extensive expertise working in the IT industry and was a leading legal practitioner and a principal of an Australian investment bank. Gary has focused his efforts on building the management team, strengthening customer relationships, and developing ties with stakeholders, as well as exploring ways to add new geographies or complementary product capabilities to iSOFT’s portfolio. Gary relocated to the UK after the merger of IBA Health and iSOFT to drive the integration of the business and to solidify an expanded management team. Currently based in Sydney, he travels frequently to meet prospective customers, and other influential participants in the healthcare technology arena.
Dr Brian L Cohen - BSc PhD (Computer Science)
Chief Technology Officer
With 30 years of experience in developing systems for the healthcare market, Brian is based at our main development centre in Chennai where he is responsible for the design and delivery of all IT products across all development locations. Brian’s involvement with healthcare IT started early in his career when he began writing software for GPs and pharmacists after obtaining his PhD. At around the same time he was building a global reputation as a lecturer in artificial intelligence and healthcare IT applications. Brian’s interest in healthcare technology grew with his move to Singapore, which has pioneered the most advanced initiatives in Asian healthcare. Partnering with his brother Gary in 1995, Brian then formed the foundations of today’s iSOFT businesses. Brian holds a Bachelor of Computer Science (Hons) and University Medal UNSW, and Doctor of Philosophy UNSW.
Martin Deda - BSc, MBA
Group Finance Director
Martin joined iSOFT in July 2008, when he moved back to Sydney after 17 years in Europe. A fluent German speaker, he held senior finance roles at TNT and Storagetek in EMEA before taking up a regional finance position with CSC in central and eastern Europe. His career started with the Royal Australian Navy, where he served as a commissioned officer for 12 years specialising in finance, supply, logistics and administration. From iSOFT’s office in Darling Park, Martin can see HMAS Vampire, one of the ships in service during his naval career. Martin moved into management consulting at PA Consulting Group, where he led projects in Australia, UK, Netherlands and Germany, focused on M&A, performance improvement and re-engineering. Martin studied Economics and Accounting at the University of WA and at the Australian National University. He holds a BSc from the University of NSW and an MBA from the University of Sydney.
Howard Edelman - BA, JD
General Counsel and Company Secretary
Howard Edelman joined IBA Health in November 2006. He has extensive experience in finance, mergers & acquisitions and general corporate law. Prior to joining IBA Health, Mr. Edelman was a senior lawyer at Allens Arthur Robinson in their Corporate & Commercial Department after having worked in the Regulatory Policy Branch of ASIC. In addition to being an Australian qualified solicitor, Mr. Edelman is U.S qualified and was a partner at Pillsbury Winthrop in Sydney after having spent 7 years with Skadden Arps in Sydney, New York and Hong Kong.
Andrea Fiumicelli - Dott.
Chief Operating Officer
An Italian national, Andrea joined iSOFT from Agfa where he was responsible for leading R&D, sales and service for Europe and more than 20 international subsidiaries. A doctor of physics, Andrea started his career working on artificial intelligence research projects with the Massachusetts Institute of Technology. Andrea then joined 3M in Europe, gaining experience in roles across R&D, service, marketing and business management. Currently based at our Banbury office in the UK, Andrea has extensive experience to draw on as he drives our global operations, having worked in the USA, Germany, Belgium and Italy. As COO, Andrea is focused on building an organisation capable of flawless execution of processes and quality in pursuit of customer satisfaction.
Stephen Garrington
Director, Group Business Development and Strategy
An iSOFT employee since 2004, Steve was previously the Chief Executive Officer of Torex Health, a division of Torex Plc, a FTSE 250 company, and Managing Director of ACT Medisys, a subsidiary of Misys PLC, a FTSE 100 company. With more than 25 years experience in health information systems across a number of international markets including Australia, New Zealand, United Kingdom, Europe, Africa, the Middle East and South East Asia, Steve is now responsible for leading the development of iSOFT’s strategy for entry into new markets. This brief includes selecting and targeting acquisitions and moving existing solution offerings between our established territories. Steve is also responsible for overseeing entry into new product sectors and the overall management of relationships with our strategic global technology partners.
Michael Jackman - B.Sc, MBA
Group Operations Director
Mike joined iSOFT in 2010 as Group Operations Director, a new global role that involves leading and improving the development and delivery of iSOFT’s comprehensive portfolio of innovative healthcare IT solutions. Formerly the President of Global Sales and Services at Carestream Health Medical Solutions, Mike has been a private investor and advisor to Health care IT companies focused on improving efficiency and workflow. Following an 18 year career at IBM where he served in several senior management positions including Vice President, Systems and Technology, Mike held top management positions at a network technology Internet start-up before joining Kodak in 2003 to lead global research and development operations for the Health Group. After promotion to General Manager, Healthcare Information Systems, Mike continued as President of Healthcare Information Solutions for Carestream Health, Inc.
 

ANNUAL REPORT

 
 

PRESENTATIONS

 
 
 

COMPANY DATA

 
Company Headquarters Darling Park Tower 2 
    Level 27, 201 Sussex Street 
    Sydney NSW 2000 
    AUSTRALIA 
Company Telephone +61-2-8251-6700 
Company Fax +61-2-8251-6801 
Company Principal Sector Health & Pharm 
Company Principal Industry Healthcare 
Company Listed 2000/03/31 
Company Homepage www.isofthealth.com
 

Key Developments: iSOFT Group Limited
 iSOFT Group Limited (ASX:ISF) Recommends Cash Proposal From Computer Sciences Corporation (NYSE:CSC)
APR 4, 2011 08:36 - Article Views: 1,884
iSOFT Group Limited (ASX:ISF) announces it has entered into a Scheme Implementation Agreement with CSC Computer Sciences Australia Holdings Pty Ltd, a wholly owned subsidiary of Computer Sciences Corporation (NYSE:CSC) for the proposed acquisition by CSC of all the ordinary issued shares in iSOFT.
 iSOFT Group Limited (ASX:ISF) Agrees New Five-Year Deals With iSOFT 7 Worth GBP12.6M
MAR 16, 2011 14:40 - Article Views: 2,361
iSOFT Group Limited (ASX:ISF) said today that the group of seven NHS trusts in England, known as the iSOFT 7, will extend their agreements for patient and clinical management systems for five years, in deals totalling GBP12.6 million (A$20.2 million).
 iSOFT Group Limited (ASX:ISF) Agrees GBP5.4M Patient Administration Systems Renewals With Leeds And Hull NHS Trusts
MAR 16, 2011 14:29 - Article Views: 1,450
Two NHS trusts in Yorkshire have renewed contracts with iSOFT Group Limited (ASX:ISF) for patient administration systems (PAS) in deals that include new HP hardware and total GBP5.4 million.
 Australian Market Report of February 4, 2011: iSOFT (ASX:ISF) System Significantly Reduced Hospital Medication Errors
FEB 4, 2011 13:30 - Article Views: 2,521
Australian Market Report of February 4, 2011 includes: The implementation of the iSOFT (ASX:ISF) Medication Management solution has helped reduce medication errors at Dunedin Hospital of Otago in New Zealand; East Coast Minerals NL (ASX:ECM) is to acquire advanced lithium project in Austria; Aquila Resources Limited (ASX:AQA) announced a further 63% resource increase at the Avontuur Manganese Project in South Africa; Monto Minerals Limited (ASX:MOO) is to acquire tin assets in Queensland.
 iSOFT Group Limited (ASX:ISF) Announce Decrease In Medication Errors At Dunedin Hospital After iSOFT Medication Management Implementation
FEB 3, 2011 14:27 - Article Views: 1,507
iSOFT Group Limited (ASX:ISF) announce that three months after implementation of the iSOFT Medication Management solution, Dunedin Hospital of Otago on New Zealand's South Island has seen a reduction in medication error and an increase in staff efficiency. In two wards, incorrect or missing information was reduced from 82% down to zero.
 iSOFT Group Limited (ASX:ISF) Completes Agreements for New Life Science Research Tool
DEC 20, 2010 13:27 - Article Views: 1,952
iSOFT Group Limited (ASX:ISF) has moved into the life science space with solutions that extract and de-identify clinical data from electronic medical records for clinical research and other secondary uses.
 iSOFT Group Limited (ASX:ISF) Announces Sale Of Non-Core Assets To Enable Debt Reduction Of A$25 Million
DEC 14, 2010 09:30 - Article Views: 1,933
iSOFT Group Limited (ASX:ISF) today announced the following to the market: iSOFT has sold iSOFT Business Solutions (iBS), its financial management solutions business to Capita Group plc (LON:CPI) (PINK:CTAGY). The business was classified non-core as part of iSOFT's ongoing strategic review. Together with the proceeds from another smaller asset sale, Monet, a GP administration software, iSOFT has A$28.5 million available to pay fees related to the refinancing and reduce the senior bridge revolver facility in our group debt.
 iSOFT Group Limited (ASX:ISF) Chairman and CEO Addresses at 2010 Annual General Meeting
NOV 30, 2010 12:17 - Article Views: 2,020
iSOFT Group Limited (ASX:ISF) is pleased to release Chairman's and CEO's Addresses at 2010 Annual General Meeting.
 iSOFT Group Limited (ASX:ISF) Appoints Andrea Fiumicelli as Chief Executive Officer
NOV 30, 2010 10:57 - Article Views: 1,443
iSOFT Group Limited (ASX:ISF) today announces the appointment of Andrea Fiumicelli as Chief Executive Officer following an international executive search initiated in September. He will join the Board effective after today's Annual General Meeting.
 CWZ Nijmegen Renews Contract with iSOFT Group Limited (ASX:ISF)
NOV 25, 2010 10:54 - Article Views: 1,629
iSOFT Group Limited (ASX:ISF) has won a EUR 3 million contract with CWZ hospital at Nijmegen, the Netherlands, for continued support of hospital information system and electronic patient record for a further three years.

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