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Streamline Health Solutions, Inc. Reports Fourth Quarter Results
Date:4/9/2009

vely 93,548 92,603 Additional paid in capital 35,820,417 35,542,222 Accumulated (deficit) (28,816,859) (27,441,889) Total stockholders' equity 7,097,106 8,192,936 $16,732,452 $16,099,285

                         STREAMLINE HEALTH SOLUTIONS, INC.
                       CONSOLIDATED STATEMENTS OF CASH FLOWS
                                     UNAUDITED
                                                     Fiscal Year
                                                         2008         2007
                                                         ----         ----
    Operating activities:
      Net loss                                      $(1,374,970)   $(735,562)
      Adjustments to reconcile net loss to net
       cash provided by operating activities:
        Depreciation and amortization                 2,369,670    2,189,981
        Impairment loss on capitalized software
         development costs                              408,809            -
        Loss on sale of fixed assets                          -       16,510
        Share-based compensation expense                158,747      142,642
        Change in allowance for doubtful accounts             -     (100,000)
      Change in assets and liabilities:
        Accounts, contract and installment
         receivables                                  2,514,313     (373,060)
        Other assets                                   (498,441)    (440,620)
        Accounts payable                               (759,105)     899,320
        Accrued expenses                               (286,697)     111,555
        Deferred revenues                             2,072,481    1,489,665
      Net cash provided by operating activities       4,604,807    3,200
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SOURCE Streamline Health Solutions, Inc.
Copyright©2009 PR Newswire.
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