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SXC Health solutions announces Strong fourth quarter and year end financial results
Date:3/4/2010

anticipated customers, the impact of increasing competition, the growth of prescription drug utilization rates at predicted levels, the retention of our key personnel, our customers continuing to process transactions at historical levels, that our systems will not be interrupted for any significant period of time, that our products will perform free of major errors, our ability to obtain financing on acceptable terms and that there will be no significant changes in the regulation of our business.

                         SXC HEALTH SOLUTIONS CORP.
                         Consolidated Balance Sheets


                                                          December 31,
                                                  ---------------------------
                                                       2009          2008
                                                  ------------- -------------
                                            (in thousands, except share data)
    ASSETS

    Current assets
      Cash and cash equivalents                     $  304,370    $   67,715
      Restricted cash                                   14,169        12,498
      Short term investments                             4,639             -
      Accounts receivable, net of allowance
       for doubtful accounts of $2,871
       (2008 - $3,570)                                  97,330        80,531
      Rebates receivable                                17,630        29,586
      Prepaid expenses and other assets                  4,483         4,455
      Inventory                                          7,106         6,689
      Income tax recoverable                               345         1,459
      Deferred income taxes                              9,875        10,219
                                                  ------------- -------------
        Total current assets                           459,947       213,152
      Property and equipment, net of
  
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SOURCE SXC Health Solutions Corp.
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