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AMICAS Reports Financial Results for the Fourth Fiscal Quarter and Year Ended December 31, 2008
Date:2/25/2009

62) Provision for income taxes 7 24 158 209 Interest income 406 991 2,187 3,870 Loss on sale of investments - - (31) - Operating loss (29,097) (1,869) (32,069) (4,523) Impairment charges 27,490 - 27,490 - Non-GAAP operating loss $(1,607) $(1,869) $(4,579) $(4,523) Reconciliation of Three Months Ended Twelve Months Ended net loss to December 31, December 31, adjusted EBITDA 2008 2007 2008 2007 Net loss $(28,698) $(902) $(30,071) $(862) Provision for income taxes 7 24 158 209 Interest income 406 991 2,187 3,870 Loss on sale of investments - - (31) - Operating loss (29,097) (1,869) (32,069) (4,523) Non-cash stock compensation expense 467 331 1,524 1,878 Depreciation and amortization 249 284 1,084 1,119 Amortization of software development costs 571 489 2,204 1,957 Severance charges - 328 - 328 Impairment charges 27,490 - 27,490 - Adjusted EBITDA $(320) $(437) $233 $759

Important additional information:

This press release is neither an offer to purchase nor a solicitation of an offer to sell shares of Emageon. The tender offer for shares of Emageon's stock described in this press release has not yet been commenced.


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SOURCE AMICAS, Inc.
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