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

Property and equipment: Computer equipment 2,574,780 2,475,928 Computer software 1,495,949 1,405,407 Office furniture, fixtures and equipment 737,344 737,344 Leasehold improvements 574,257 574,257 5,382,330 5,192,936 Accumulated depreciation and amortization (3,818,046) (3,625,408) 1,564,284 1,567,528 Contract receivables, less current portion - 321,500 Capitalized software development costs, net of accumulated amortization of $8,743,869 and $8,311,760, respectively 6,998,251 6,481,360 Other, including deferred income taxes of $1,628,000 1,659,111 1,670,891 $15,444,952 $16,732,452

                          STREAMLINE HEALTH SOLUTIONS, INC.
                        CONDENSED CONSOLIDATED BALANCE SHEETS

                         Liabilities and Stockholders' Equity

                                                  (Unaudited)     (Audited)
                                                   April 30,      January 31,
                                                     2009            2009

      Accounts payable                            $1,151,759       $759,577
      Accrued compensation                           381,192        299,000
      Accrued other expenses                         304,097        472,113
      Deferred revenues                            4,508,916      5,941,837
          Total current liabilities                6,345,964      7,472,527

    Deferred revenues, less current portion        1,094,981      1,313,
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SOURCE Streamline Health Solutions, Inc.
Copyright©2009 PR Newswire.
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