CINCINNATI, May 3, 2011 /PRNewswire/ -- Streamline Health Solutions, Inc. (NasdaqCM: STRM), a market leading provider of document workflow solutions for hospitals, announced today that Gabriel Waters has been appointed Vice President, Business Development effective April 30, 2011. Mr. Waters brings to Streamline Health an extensive background in developing business channel partners and extensive industry and product knowledge within healthcare information and technology products and services.
In his new role, Mr. Waters will initiate and expand relationships and develop new business channel partners for the Company. He will also be responsible for identifying and closing new business and developing a pipeline of qualified prospects in the western United States and internationally.
Prior to joining Streamline Health, Mr. Waters served for over seven years at Carefx, a recently acquired subsidiary of Harris Corp (NYSE: HRS) and a leading provider of interoperable workflow solutions. Mr. Waters joined Carefx as director of business development where he was responsible for developing sales channels via infrastructure partners. For the past four years, however, Mr. Waters has been responsible for sales activities in the western U.S. while also serving to open new markets for Carefx in Europe, the U.K., and Australia.
Before Carefx, Mr. Waters was a product manager at Novell, Inc., responsible for several identity management products and their rise to number one in their markets in terms of market share and analyst opinion. It was while at Novell that Mr. Waters became interested in the unique requirements of the healthcare industry and how innovation from all sectors could be applied to healthcare. Mr. Waters holds a Bachelor of Science degree in Economics and a Masters of Information Systems Management degree from Brigham Young University and has also completed post graduate work at the University Of Utah School Of Medicine in Biomedical/Clinical Informatics.
"We are pleased to add such an experienced and knowledgeable associate such as Gabriel Waters to our team," said Robert Watson, president and chief executive officer of Streamline Health Solutions. "His hiring reflects our commitment to recruiting new associates who bring broad industry expertise and relationships and who have contributed to the success of other high growth healthcare companies. The infusion of such talent enables us to create an environment that will transform Streamline Health into a leading healthcare IT innovator."
"I am pleased to be joining a company with such a solid portfolio of products and services that clearly add value to hospitals large and small," said Mr. Waters. "I am looking forward to contributing to the success of Streamline Health by expanding the company's market opportunities and developing business relationships that will drive revenue and increase Streamline Health's customer base. I look forward to positively contributing to the strategic direction that Bob has outlined for the Company."
About Streamline Health
Streamline Health is a leading supplier of document workflow and document management tools, applications and services that assist strategic business partners and healthcare organizations to improve operational efficiencies through business process optimization. The Company provides integrated tools and technologies for automating document-intensive environments, including document workflow, document management, e-forms, connectivity, optical character recognition (OCR) and business process integration.
Streamline Health's solutions create a permanent document-based repository of historical health information that is complementary and can be seamlessly integrated with existing disparate clinical, financial and administrative information systems, providing convenient electronic access to all forms of patient information from any location, including secure web-based access. For additional information, please visit our website at http://www.streamlinehealth.net.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995
Statements made by Streamline Health Solutions, Inc. that are not historical facts are forward-looking statements that are subject to risks and uncertainties and are no guarantee of future performance. The forward looking statements contained herein are subject to certain risks, uncertainties and important factors that could cause actual results to differ materially from those reflected in the forward-looking statements, included herein. These risks and uncertainties include, but are not limited to, the timing of contract negotiations and execution of contracts and the related timing of the revenue recognition related thereto, the potential cancellation of existing contracts or clients not completing projects included in the backlog, the impact of competitive products and pricing, product demand and market acceptance, new product development, key strategic alliances with vendors that resell the Company's products, the ability of the Company to control costs, availability of products obtained from third party vendors, the healthcare regulatory environment, potential changes in legislation, regulation and government funding affecting the healthcare industry, healthcare information systems budgets, availability of healthcare information systems trained personnel for implementation of new systems, as well as maintenance of legacy systems, fluctuations in operating results, effects of critical accounting policies and judgments, changes in accounting policies or procedures as may be required by the Financial Accountings Standards Board or other similar entities, changes in economic, business and market conditions impacting the healthcare industry, the markets in which the Company operates and nationally, and the Company's ability to maintain compliance with the terms of its credit facilities, and other risks detailed from time to time in the Streamline Health Solutions, Inc. filings with the U. S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly release the results of any revision to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
SOURCE Streamline Health Solutions, Inc.