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SXC Health Solutions completes acquisition of NMHC
Date:4/30/2008

- SXC to provide details on outlook for combined entity during its Q1 2008

conference call on May 8 -

LISLE, IL, April 30 /PRNewswire-FirstCall/ - SXC Health Solutions, Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of pharmacy benefits management services and National Medical Health Card Systems, Inc. ("NMHC") (NASDAQ: NMHC), announce that the previously announced acquisition of NMHC by SXC has been completed. SXC completed the acquisition through an exchange offer and subsequent merger of NMHC with an indirect wholly-owned subsidiary of the Company. With the completion of the merger, NMHC is now part of informedRx, SXC's Pharmacy Benefit Management services business unit.

"We are extremely pleased to have closed this transaction and to welcome NMHC employees, customers and shareholders into the SXC fold," said Gordon S. Glenn, Chairman and CEO. "This is an exciting time for SXC as we seek to establish ourselves as The Strategic Solution for Pharmacy Spend Management(TM). The combined company has the unique mix of personnel and assets to achieve that goal: recognized leadership in healthcare IT; broad clinical expertise; formulary management, patient intervention and analytics; operational scale to increase our clout within the supply chain; a modern mail-order facility; and a strong specialty pharmacy offering. We look forward to reporting on the progress of our implementation and the outlook for the Company in the coming months."

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SOURCE SXC Health Solutions, Inc.
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