Health Systems Solutions and Emageon Extend Merg...( NEW YORK and BIRMINGHAM Ala. Dec....),Health
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Health Systems Solutions and Emageon Extend Merger Closing
Date:12/29/2008
NEW YORK and BIRMINGHAM, Ala., Dec. 29 /PRNewswire-FirstCall/ -- Health Systems Solutions, Inc. (OTC Bulletin Board: HSSO) and Emageon Inc. (Nasdaq: EMAG) today announced that they have agreed to extend the closing date for their pending merger to February 11, 2009.
"We are pleased that, with the cooperation of Emageon, we were able to come up with a timetable for the completion of the merger and we are confident that the combined enterprise will offer great opportunities for our shareholders, employees, and customers," said Stan Vashovsky, HSS' CEO and Chairman of the Board. "This extension will also allow us additional time to complete our integration plan for our technologies. As a result, we will be in a better position to immediately serve the market upon closing."
"Emageon is pleased that HSS and Stanford International Bank Limited have shown a commitment to complete our transaction and we look forward to completing the merger promptly for the benefit of our investors and maximizing the HSS/Emageon business opportunities for our customers and employees," said Chuck Jett, CEO of Emageon.
Each of the Parties will file with the Securities and Exchange Commission a Current Report on Form 8-K describing the amendments which were made to the transaction documents.
About Health Systems Solutions
HSS is a technology and services company dedicated to bringing innovation
to the health care industry. HSS' objective is to leverage current and
next-generation technologies to offer value-added products and services which
will generate improved clinical, operational and financial outcomes for our
clients. The HSS portfolio of products and services extends across many
segments of health care including home health care, medical staffing, acute
and post-acute facilities, and te
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| SOURCE Emageon Inc.; Health Systems Solutions, Inc. Copyright©2008 PR Newswire. All rights reserved |
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