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Streamline Health® Solutions Reports Q4 Results
Date:4/12/2011

tion of the non-GAAP financial measures to the most directly comparable GAAP measures in the tables attached to this press release. Reconciliation of net earnings(loss) to non-GAAP adjusted EBITDA (a, b).  Three Months EndedJanuary 31,20112010Net earnings (loss)

$

(1,792,869)

$

1,585,487EBITDA adjustments Interest expense28,47113,569Tax expense1,002,00027,500Amortization of capitalized software development costs1,274,564631,949Depreciation and amortization – other200,268197,816Stock based compensation263,68670,371Adjusted EBITDA

$

976,120

$

2,526,692Fiscal Year EndedJanuary 31,20112010Net earnings (loss)

$

(2,950,617)

$

1,288,108EBITDA adjustments Interest expense116,39243,823Tax expense1,017,00040,500Amortization of capitalized software development costs3,175,2282,100,068Depreciation and amortization – other850,383768,930Stock based compensation678,172274,630Adjusted EBITDA

$

2,886,558

$

4,516,059(a)  Earnings Before Interest, Tax, Depreciation, Amortization, and Stock-based compensation

(b)  Adjusted EBITDA previously included foreign currency gains and losses.  These have now been excluded from the definition of Adjusted EBITDA to correspond to the definition under the terms of the line of credit, renewed in the first quarter of fiscal 2011.STREAMLINE HEALTH SOLUTIONS, INC.

Reconciliation of Non-GAAP Financial Measures

(Unaudited)

Table C (continued)Reconciliation of diluted net earnings per common share to non-GAAP diluted earnings per common share.Three Months EndedJanuary 31,20112010Diluted net earnings (loss)

$

(0.19)

$

0.17EBITDA adjustments Interest expense0.000.00Tax expense0.100.00Amortization of capitalized software development costs0.130.07Depreciation and amortization – other0.020.02Stock based compensation0.030.01Adjusted EBITDA per adjusted dilu
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SOURCE Streamline Health Solutions, Inc.
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