Computer Programs and Systems, Inc. Signs 13 New Contracts.

Business Editors/High-Tech Writers

MOBILE, Ala.--(BUSINESS WIRE)--Jan. 7, 2003

Computer Programs and Systems, Inc. (NASDAQ/NM:CPSI), a leading provider of healthcare information solutions, today announced that it added 13 hospitals to its growing client base during the fourth quarter, bringing the total number of hospital clients to 444 at year-end. These hospitals range in size from 16 beds to 237 beds and are located in eight states across the country including Alabama, Alaska, Illinois, Louisiana, Oregon, Pennsylvania, Texas, and West Virginia.

In commenting on the selection of CPSI, Clarence (Sam) Lay, chief executive officer of 58-bed Lawrence County Memorial Hospital in Lawrenceville, IL, stated "Our primary objective in the search for a new information system was to implement a solution that would be integrated throughout the enterprise and would have the flexibility to grow with the needs of our facility. With CPSI, our patients and their data will move seamlessly and safely among the clinical and financial departments of the hospital, enabling our management team to utilize the system as a tool to obtain a better picture of our facility's overall operation. CPSI's unique installation process includes their converting data to the new CPSI system and then remaining on site throughout the facility during the entire installation process to ensure that everything goes smoothly. This unmatched level of commitment gives us a great deal of comfort and is one of the key factors in our selection of CPSI."

According to David Dye, CPSI chief executive officer and president, "One of CPSI's long-term goals is to consistently add community hospital clients of all sizes from all regions of the country. In addition to achieving this objective, the fourth quarter also represents a record quarter for us in terms of total new hospital customers. We are continuing to see hospitals in the market for new information systems focus their search efforts on finding an integrated solution, like that offered by CPSI, to meet both the financial and clinical needs of the facility. Our company continues to benefit from our position in the industry as the only vendor to provide a complete single source solution including software, hardware, technical, and outsourcing products and services."

About Computer Programs and Systems, Inc.

CPSI is a leading provider of healthcare information solutions for community hospitals with 444 client hospitals in 45 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 600 technical, healthcare, and medical professionals provide system implementation and continuing support 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.

This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified generally by the use of forward-looking terminology and words such as "expects," "anticipates," "estimates," "believes," "predicts," "intends," "plans," "potential," "may," "continue," "should," "will" and words of comparable meaning. Without limiting the generality of the preceding statement, all statements in this press release relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and future financial results are forward-looking statements. We caution investors that any such forward-looking statements are only predictions and are not guarantees of future performance. Certain risks, uncertainties and other factors may cause actual results to differ materially from those projected in the forward-looking statements. Such factors may include: overall business and economic conditions affecting the healthcare industry; saturation of our target market and hospital consolidations; changes in customer purchasing priorities and demand for information technology systems; competition with companies that have greater financial, technical and marketing resources than we have; failure to develop new technology and products in response to market demands; fluctuations in quarterly financial performance due to, among other factors, timing of customer installations; failure of our products to function properly resulting in claims for medical losses; government regulation of our products and customers; interruptions in our power supply and/or telecommunications capabilities and other risk factors described from time to time in our public releases and reports filed with the Securities and Exchange Commission, including, but not limited to, our recent Registration Statement on Form S-1. We also caution investors that the forward-looking information described herein represents our outlook only as of this date, and we undertake no obligation to update or revise any forward-looking statements to reflect events or developments after the date of this press release.