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Streamline Health Solutions, Inc. Reports Third Quarter Results
Date:12/15/2008

Other assets (740,261) (420,258) Accounts payable and accrued expenses (115,657) (21,404) Deferred revenues (227,740) (210,048) Net cash provided by (used for) operating activities 386,628 646,829 Investing activities: Purchases of property and equipment (596,877) (596,205) Proceeds on the sale of fixed assets - 138,775 Capitalization of software development costs (2,628,000) (1,767,994) Other (77,810) (49,134) Net cash (used for) investing activities (3,302,687) (2,274,558) Financing activities: Net proceeds (payment) from line of credit 2,000,000 (1,000,000) Payment of capitalized leases - (147,051) Exercise of stock options and stock purchase plan 67,443 86,831 Net cash (used for) financing activities 2,067,443 (1,060,220) Decrease in cash (848,616) (2,687,949) Cash at beginning of year 2,189,010 3,316,614 Cash at end of period $ 1,340,394 $ 628,665 Supplemental cash flow disclosures: Interest paid $ 3,958 $ 25,459 Income taxes paid $ 8,740 $ 9,202
    At October 31, 2008, Streamline Health has master agreements,
    purchase orders or royalty reports from remarketing partners for
    systems and related services which have not been delivered,
    installed and accepted which, if fully perfor
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SOURCE Streamline Health Solutions, Inc.
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