EANS-News: CompuGroup Medical AG - Third Quarter Results 2010

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Koblenz (euro adhoc) - November 17, 2010: CompuGroup Medical AG today presented
the financial report for the third quarter of 2010. The company, one of the
leading global providers of eHealth solutions, achieved revenue of EUR 75.6
million, up from EUR 70.1 million in the third quarter 2009. Operating profit
(EBITDA) came in at EUR 18.0 million, an increase of 12 percent compared to the
same period of 2009. Cash net income increased 8 percent from EUR 11.4 million
in the third quarter 2009 to EUR 12.3 million in the third quarter 2010.

With this result, CompuGroup Medical AG continues its strategy and growth based
on the greatest coverage among healthcare providers (physicians, dentists,
hospitals etc.) worldwide. Again, it is the strong performance of the HPS
(Health Provider Services) business segment that drives the business forward.
In this segment, revenue was EUR 59.8 million compared to EUR 53.2 million in
the third quarter of 2009. The high margin Ambulatory Information Systems (AIS)
business continues to grow strongly at 19 percent of which 14 percent is
organic growth at constant exchange rates.

CompuGroup Medical made further progress during the reporting period to develop
its business in the US. In August, CompuGroup Medical entered into an agreement
for the purchase of 100% of the shares in Visionary Healthware Group. Visionary
Healthware serves an impressive customer base that spans the United States,
covering healthcare organizations, physicians´ offices and laboratories. The
company was ranked #71 in the 2009 Healthcare Informatics Top 100 Healthcare
Information Technology Companies list and has 200 employees.

This acquisition comes at a particularly exciting time in USA with the
Healthcare Information Technology Economic and Clinical Health Act (HITECH)
providing almost $20 billion to healthcare information technology aimed at
Visionary´s customer group. With 10,000 closely served doctors and a total
network of doctors estimated at up to 60,000 (including the LIS, managed care
consulting and RCM business), there are significant and untapped cross-selling
opportunities in Visionary Healthware Group based on the HITECH stimulus.

Frank Gotthardt, Chairman of the Board of CompuGroup Medical AG, stated: "With
Visionary and Noteworthy combined, we now serve 15,000 doctors in the US, and
we are excited about the prospects of helping these doctors achieve meaningful
use under the HITECH act and also to be part of the transformation of US
healthcare based on electronic health records. With this infrastructure in
place, the introduction of CompuGroup Medical´s solutions for Software Assisted
Medicine can begin also in the largest healthcare economy in the world, namely
the United States."

While forcefully moving into the US market, CompuGroup Medical continues to
develop its business relationship with the health insurance funds in Germany.
With the contracts signed during the third quarter CompuGroup Medical now
covers a population of almost 10 million with the product "smart-Xchange", a
system to safely and systematically improve measures to drive higher levels of
drug substitution to save care costs without sacrificing care quality.

CompuGroup Medical adjusts the revenue outlook for the full year 2010 to be in
the range of EUR 315 million to EUR 330 million, including revenue from
Visionary Healthware. Operating income (EBITDA) is expected to be in the range
of EUR 67 million to EUR 73 million which represents no change from previous
guidance.

About CompuGroup Medical AG
CompuGroup Medical is one of the leading e-health companies worldwide. Its
software products, designed to support all medical and organizational
activities in doctors´ offices and hospitals, its information services for all
parties involved in the healthcare system and its web-based personal health
records contribute towards safer and more efficient healthcare. The services of
CompuGroup Medical are based on its unique customer base of around 370,000
doctors, dentists, hospitals and networks as well as other service providers.
CompuGroup Medical is the e-Health company with the biggest coverage among e-
health service providers worldwide. The company operates in 14 European
countries, Malaysia, Saudi Arabia, South Africa and in the USA and currently
employs around 3,000 people.

Conference Call for Journalists, Investors and Analysts:

The management board of CompuGroup Medical AG will go through the Q3 results at
a conference for analysts and investors today at 12:00 hours CET. The
conference will be broadcast live via telephone (see the following list of
telephone numbers). Its recording can be replayed later.

You can participate in this conference call by dialing one of the following
phone numbers:
+49 69 210869703 (Germany)
+44 16 16018902 (UK)
+1 2153054495 (USA)
Participant code: 18561270

At the beginning of the conference call, a presentation will be made available
for download on the CompuGroup Medical website at www.cgm.com. The presentation
can be viewed live at https://compugroup.webex.com.

Further inquiry note:
CompuGroup Medical AG
Barbara Müller
Consultant Press & Media
P +49 (0) 261 8000-1293
F +49 (0) 261 8000-3284
E-Mail: [email protected]
end of announcement euro adhoc
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company: CompuGroup Medical AG
Maria Trost 21
D-56070 Koblenz
phone: +49 (0) 261 8000-0
FAX: +49 (0) 261 8000-1166
mail: [email protected]
WWW: www.cgm.com
sector: Software
ISIN: DE0005437305
indexes:
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English

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