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SXC Health Solutions announces PBM contract renewal with Hawaii Employer-Union Health Benefits Trust Fund
Date:9/10/2009

LISLE, IL, Sept. 10 /PRNewswire-FirstCall/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of technology and pharmacy benefit management (PBM) services, announced today that it has renewed a multi-year contract, through to June 30, 2011, for its informedRx PBM business with the Employer-Union Health Benefits Trust Fund (EUTF) of Hawaii. Under the agreement, SXC is providing full-service PBM services including mandatory mail, specialty distribution and patient care clinical programs and Employer Group Waiver Plans for the EUTF Prescription Preferred Provider Organization Drug Plan.

"This contract extension will allow us to continue to deliver superior PBM services to the Hawaii ETUF and its members. We earn these types of contract renewals by demonstrating to our customers that we can strategically manage very complex benefit programs that help them to save money and increase the plan options available to their members," said Mark Thierer, President and Chief Executive Officer at SXC.

About informedRx(R)

informedRx(R) is a broad suite of a la carte pharmacy benefit services that provide a flexible and cost-effective alternative to traditional pharmacy benefit management offerings. informedRx is built around SXC's industry leading technology solutions including pharmacy claims processing and reporting, rebate billing system and near real-time alternative therapy messaging. All contracting is founded on a total transparency and pass-through model for manufacturer rebates, retail network contracting and MAC management. informedRx also provides clinical intervention programs and drug utilization reviews which feature a coordinated approach with plan sponsors allowing input and control for specific client and market situations. All programs are priced
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SOURCE SXC Health Solutions Corp.
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