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Computer Programs and Systems, Inc. Named to Business 2.0 100 Fastest Growing Technology Companies List.


MOBILE, Ala. -- Computer Programs and Systems, Inc. (NASDAQ/NM:CPSI CPSI Computer Programs & Systems, Inc. (Mobile, Alabama)
CPSI Creative Problem Solving Institute
CPSI Certified Playground Safety Inspector
CPSI cells per square inch
CPSI Configurable PostScript Interpreter
), a leading provider of healthcare information solutions, today announced that it has been ranked No. 79 in Business 2.0's list of 100 Fastest Growing Technology Companies, a list published in the magazine's June issue. The ranking represents the Company's first appearance on the annual list.

For inclusion in the list, Business 2.0 screened a universe of more than 2,000 technology companies that have been publicly traded on a U.S. stock exchange for at least three years, have a market capitalization Market Capitalization

A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap.
 of at least $50 million and have had positive operating cash flow Operating cash flow

Earnings before depreciation minus taxes. Measures the cash generated from operations, not counting capital spending or working capital requirements.
 over the past 12 months. Zacks Investment Research Zacks Investment Research

A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms.
 of Chicago ranked the resulting list using four financial criteria: growth in revenue, profit and operating cash flow during the past three years and the 12-month stock return as of December 31, 2005.

"We are honored to be acknowledged by Business 2.0 for our strong performance," said J. Boyd Douglas Albert Boyd Douglas, known as Boyd Douglas (born 13 July 1950) is a politician in Northern Ireland.

Douglas attended Strabane Agriculture College before working as a farmer.
, president and chief executive officer of CPSI. "It is extremely gratifying grat·i·fy  
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.

2.
 to see the results of the hard work by our dedicated employees given recognition on a national basis."

About Computer Programs and Systems, Inc.

CPSI is a leading provider of healthcare information solutions for community hospitals with over 575 client hospitals in 46 states. Founded in 1979, the Company is a single-source vendor providing comprehensive software and hardware products, complemented by complete installation services and extensive support. Its fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital. CPSI's staff of over 800 technical, healthcare and medical professionals provides system implementation and continuing support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  as part of a comprehensive program designed to respond to clients' information needs in a constantly changing healthcare environment. For more information, visit www.cpsinet.com.
COPYRIGHT 2006 Business Wire
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:May 30, 2006
Words:307
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