iSOFT Group Limited (ASX:ISF) Wins Two-Year Contract Renewal With NHS Body Worth A$9.8 Million

Sydney, Mar 23, 2010 AEST (ABN Newswire) - iSOFT Group Limited (ASX:ISF) Australia's largest listed health information technology company, today announced that NHS Shared Business Services (NHS SBS) has extended its contract for iSOFT Business Solutions to host its Oracle finance and purchasing applications by an additional two years.

This latest contract, worth GBP6 million (A$9.8 million), extends the original A$47.8 million agreement, signed in March 2008, to 2016. It expands the services offered and includes new HP hardware and infrastructure and a move to Oracle Release 12. The contract is for services only and excludes licenses.

NHS SBS provides services such as accounts payable, debt collection, bank account reconciliation, and account reporting for 30% of all NHS organisations. iSOFT has provided NHS SBS with a fully hosted managed service since 2002.

"The extension clearly indicates the strength of our relationship and is great news for both organisations as it gives us the foundation to move forward and ensure we continue to support NHS SBS' business objectives," said Eamonn Morris, Managing Director of iSOFT Business Solutions. "Healthcare organisations are coming under increasing pressure to streamline back office processes and reduce spending, while also maintaining high-quality operations. Our joint expertise in delivering services to NHS trusts will allow those using the system to gain excellent value and make significant savings."

"Extending our partnership with iSOFT Business Solutions allows us to continue to deliver a high-quality, best value solution to all our NHS clients," said John Neilson, Managing Director at NHS SBS. "As we currently support around 30% of NHS trusts, this fits with our strategy to ensure consistently high service quality and performance. iSOFT Business Solutions has a proven track record of cost effective and reliable services to NHS SBS that helps us to deliver added value to all of our NHS clients."

Contact

Gary Cohen Executive Chairman & CEO iSOFT Group Limited Tel: +61-2-8251-6700 Email: gary.cohen@isofthealth.com Stuart Kelly Director, Corporate Affairs iSOFT Group Limited Tel: +61-2-8251-6769 Mob: +61-404-082-361 Email: stuart.kelly@isofthealth.com