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Streamline Health(R) Solutions Reports First Quarter Results
Date:6/9/2009

27,987 (813,238) Other income (expense): Interest income - 5,554 Interest expense (7,466) (438) Other income (expense) 2,820 - Earnings (Loss) before taxes 23,341 (808,122) Income taxes (7,000) (6,500) Net earnings (loss) $16,341 $(814,622) Basic net earnings (loss) per common share $0.00 $(0.09) Diluted net (loss) per common share $0.00 $(0.09) Number of shares used in per common share computations: Basic 9,354,782 9,260,320 Diluted 9,404,364 9,260,320

                          STREAMLINE HEALTH SOLUTIONS, INC.
                        CONDENSED CONSOLIDATED BALANCE SHEETS

                                       Assets

                                            (Unaudited)     (Audited)
                                             April 30,      January 31,
                                               2009            2009
    Current assets:
        Cash and cash equivalents           $1,108,671     $3,128,801
        Accounts receivable, net of
         allowance for doubtful
         accounts of $100,000                1,390,879      1,328,508
        Contract receivables                   715,430        502,373
        Prepaid hardware and third party
         software for future delivery          630,904        681,540
        Prepaid other, including prepaid
         customer maintenance contracts      1,130,422        802,951
        Deferred income taxes                  247,000        247,000
            Total current assets             5,223,306      6,691,173

   
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SOURCE Streamline Health Solutions, Inc.
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