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SXC Health Solutions announces agreements for pharmacy technology services with Prime Therapeutics LLC
Date:5/20/2009

LISLE, IL, May 20 /PRNewswire-FirstCall/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of pharmacy benefits management technology and services, announces multi-year, multi-million dollar extensions to its software maintenance and professional services agreements, and a software license expansion, with Prime Therapeutics LLC ("Prime").

The agreements provide Prime with software licensing, software maintenance and professional services over a multi-year period. SXC has provided software maintenance and professional services to Prime and its predecessor organizations since 1993. These agreements support claims processing, Medicare Part D services, professional and consulting services, mail order pharmacy systems support, and licenses to support these services.

"For more than 15 years, we have supported Prime and we are proud of our track record with them and excited about continuing our support via these agreements. We also look forward to future prospects of working together on other opportunities where SXC's technology can enhance the delivery of services to Prime's clients and improve the health of their members," said Mike Bennof, SXC's Executive Vice President of Healthcare Information Technology (HCIT). "This announcement validates our business strategy by demonstrating that we are the industry's leading provider of pharmacy and PBM-related technology and services to a wide variety of healthcare organizations that manage prescription drug benefit programs."

"SXC has been instrumental in supporting the continued growth of Prime. This support has allowed us to work with clients nationwide to serve over 14 million covered lives," said John Mielke, Prime's Chief Information Officer. "We are pleased with this new agreement and look forward to continuing to partner with SXC to effectively mee
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SOURCE SXC Health Solutions Corp.
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