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SXC Health Solutions announces second quarter financial results
Date:8/7/2008

107) (1,147) (104,711) (5,781)

Cash flows from financing

activities:

Issuance of long-term

debt 48,000 - 48,000 -

Payment of financing

costs (1,518) - (1,518) -

Repayment of long-term

debt (120) - (120) -

Proceeds from exercise

of options 137 1,191 333 2,029

Tax benefit on option

exercises 59 2,216 80 2,216

----------- ----------- ----------- -----------

Net cash provided by

financing activities 46,558 3,407 46,775 4,245

Effect of foreign

exchange on cash

balances 35 122 21 135

----------- ----------- ----------- -----------

Increase(decrease) in

cash and cash

equivalents (46,507) (2,272) (40,874) 3,752

Cash and cash

equivalents, beginning

of period 96,562 76,967 90,929 70,943

----------- ----------- ----------- -----------

Cash and cash

equivalents, end of

period $ 50,055 $ 74,695 $ 50,055 $ 74,695

----------- ----------- ----------- -----------

----------- ----------- ----------- -----------


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SOURCE SXC Health Solutions Inc.
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