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

markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.COMPANY CONTACT:INVESTOR CONTACT:Robert E. WatsonJoe Diaz, Robert Blum or Joe DorameChief Executive OfficerLytham Partners, LLC(513) 794-7100(602) 889-9700Financial Tables on Following PagesSTREAMLINE HEALTH SOLUTIONS, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONSThree Months and Fiscal Year Ended January 31,(Unaudited)Three MonthsFiscal Year2011201020112010Revenues:Systems sales

$

867,147

$

2,716,138

$

2,557,797

$

3,673,522Services, maintenance and support3,133,8492,710,20811,497,96911,233,183Application-hosting services913,626855,5153,550,2253,301,493Total revenues4,914,6226,281,86117,605,99118,208,198Operating expenses:Cost of systems sales1,571,533901,4533,827,3132,993,442Cost of services, maintenance and support1,453,5351,335,4105,561,5785,033,145Cost of application-hosting services493,068437,9701,902,5211,641,576Selling, general and administrative1,841,0931,492,7036,406,1905,503,580Product research and development322,243486,1281,759,6941,682,773Total operating expenses5,681,4724,653,66419,457,29616,854,516Operating profit (loss)(766,850)1,628,197(1,851,305)1,353,682Other income (expense):Interest expense(28,471)(13,569)(116,392)(43,823)Other income (expense)4,452(1,641)34,08018,749Earnings (loss) before t
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SOURCE Streamline Health Solutions, Inc.
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