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AGM Statement – 4 November 2008

 

4 November 2008 – Craneware plc, (AIM: CRW) a leading provider of financial performance improvement software for US healthcare organisations, will hold its Annual General Meeting in London today at which Keith Neilson, CEO, will make the following statement:

“I am pleased to report on a good start to the year. The legislative nature of the US healthcare market and the increasing financial pressures being exerted on healthcare organisations means our focus on providing tools to increase financial performance has given us resilience against the broader economic conditions.

“We entered the year with visibility over $18.3m of revenue which we have augmented through a good performance in the area of new customer wins. Additionally the strengthening of the US dollar from 1.99 at the beginning of our fiscal year has further enhanced our financial prospects.

“I am therefore pleased to confirm we continue to see a positive outlook for Craneware and its shareholders.”

 

For further information, please contact:

Craneware plc

Peel Hunt

  • +44 (0) 20 7418 8900
  • Oliver Scott
  • Nicholas Marren
 

Newgate Threadneedle

  • +44 (0) 20 7653 9850
  • Caroline Evans-Jones
  • Fiona Conroy
 

 

About Craneware

Founded in 1999, Craneware has headquarters in Edinburgh, Scotland with offices in Atlanta and Arizona, employing over 200 staff. Craneware is the leader in automated revenue integrity solutions that improve financial performance and mitigate risk for healthcare organisations. Craneware’s market-driven, annuity SaaS solutions help hospitals and other healthcare providers more effectively price, charge and code for services and supplies associated with patient care. These optimise reimbursement, increase operational efficiency and minimize compliance risk. By partnering with Craneware, clients achieve the visibility required to identify, address and prevent revenue leakage. To learn more, visit craneware.com.