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VIRTUALISATION Contract double for iSOFT in Germany, Malaysia
VIRTUALISATION Contract double for iSOFT in Germany, Malaysia | Contract double for iSOFT in Germany, Malaysia |
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| by Peter Dinham | |
| Tuesday, 30 June 2009 | |
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And, in Malaysia iSOFT has sealed a contract with Systematic Conglomerate, a Kuala Lumpur-based prime contractor, for licensing and services at three of the nine Malaysian public hospitals that use iSOFT’s hospital information system. The Malaysian contract, initially worth $6.5 million over five years, has the potential, according to iSOFT, for revenues of up to $11.5 million if the hospitals take up an option to extend the services agreement for an additional three years. iSOFT executive chairman & CEO, Gary Cohen, said the initial two phases of the German hospital contract, which include the first Lorenzo components and an upgrade of iSOFT’s ClinicCentre HIS solution, were valued at $1.2 million in license fees and services plus $447,000 in support and maintenance services over five years. An optional third phase, which includes additional Lorenzo functionality, is worth a potential $870,000, Cohen added. “This is further evidence that our new Lorenzo technology is gaining traction with our existing client base in Europe. It’s part of our broader strategy for Lorenzo outside of the UK’s National Programme for Information Technology.” In the German contract, Cohen said the first Lorenzo elements and iSOFT’s collaboration suite (iCS) would provide a new electronic patient record (EPR) for GP’s to access hospital patient records using standard web browsers. CONTINUED page 2 |
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