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IMNET Systems, Inc. Announces Orders For the Third and Fourth Quarters of Fiscal 1997.


ATLANTA--(BUSINESS WIRE)-- Aug. 6, 1997--IMNET Systems, Inc. (Nasdaq/NMS:IMNT) today released a list of new orders from healthcare customers in the third and fourth quarters of fiscal 1997.

Orders sold by IMNET's direct sales force between January 1 and June 30 of this year include:

New Sales

-- Charleston Area Medical Center - Charleston, WV

-- Duke Primary Diagnostic Clinic- Durham, NC

-- Greenwich Health Care Services - Greenwich, CT

-- St. Luke's Medical Center - Milwaukee, WI

-- Tenet Healthcare Corporation, including:

-- Tenet Business Office Services (Eight regions)

-- St. Joseph's Hospital - Omaha, NE

-- Gulf States Region - Metarie, LA

-- Redding Medical Center - Redding, CA

Add-on Sales

-- Baptist Memorial Health Care System - Memphis, TN

-- Indiana University Medical Center - Indianapolis, IN

-- McLaren Health Care Corporation - Flint, MI

-- The New York Hospital - New York, NY

In addition to these direct orders, IMNET also received ten new orders and five add-on orders through its healthcare business partners. IMNET's business partners include Cerner Corporation, HBO & Company, HealthVISION, Inc., IDX Systems Corporation and PHAMIS PHAMIS - Public Health Automated Medical Information Systems, Inc.

"We are pleased with the continued acceptance of our products among independent healthcare providers and large integrated healthcare delivery systems," said Kenneth D. Rardin, Chairman and CEO of IMNET. "We are also pleased with the early orders from several Tenet facilities since the announcement in April of our exclusive agreement with them. Sales through our business partners and add-on sales to our current customers continue to be strong as well." Mr. Rardin concluded by saying, "The net result is an impressive twenty-seven new healthcare orders in a six-month period, and an increase in our number of healthcare customers to ninety-five."

IMNET Systems, Inc., develops and markets electronic healthcare information and document management systems that capture, index, store and retrieve financial information, clinical information and medical images resident on most storage media. IMNET's Electronic Information Warehouse, which supplies the missing link for the implementation of the Electronic Medical Record, is a true enterprise-wide solution that integrates with software from most leading Healthcare Information Systems providers.

Note regarding Private Securities Litigation Reform Act: Statements made by IMNET which are not historical facts are forward looking statements that involve risks and uncertainties. All such statements are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995. IMNET's future financial performance could differ significantly from the expectations of management and from results expressed or implied in this press release. For further information on these and other risk factors, please refer to IMNET's Form 10-K for the year ended June 30, 1996, including the "Business-Risk Factors" section thereof.

CONTACT: IMNET Systems, Inc.

Raymond L. Brown

Senior Vice President and Chief Financial Officer

770/521-5602
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 6, 1997
Words:437
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