Streamline Health® Appoints Jack W. Kennedy Jr. as Chief Legal Counsel
ATLANTA -- October 10, 2013
Streamline Health Solutions, Inc. (NASDAQ: STRM), a leading provider of
knowledge management solutions for healthcare providers, today announced the
appointment of Jack W. Kennedy Jr. as Senior Vice President and Chief Legal
Counsel, effective September 30, 2013. Mr. Kennedy will report directly to
Robert E. Watson, President and Chief Executive Officer, Streamline Health.
As Chief Legal Counsel, Kennedy will oversee the legal affairs of the company
and serve as the principal legal advisor to the CEO and other members of the
management team. In this role, Kennedy will utilize his extensive experience
in software and other intellectual property licensing, mergers and
acquisitions, securities, and corporate governance.
“In this role, Jack Kennedy will be a major contributor, helping to guide our
company as we continue to grow and mature as an organization,” said Robert E.
Watson. “We are subject to numerous rules and regulations as a publicly traded
company in the healthcare IT space, and we believe that this is the right time
in our development to have inside counsel.”
Prior to joining Streamline Health, Kennedy was Vice President and Corporate
Counsel for PRGX Global, Inc., a multinational provider of recovery audit,
consulting and software services. Prior to his time at PRGX Global, Kennedy
served as in-house counsel for Stiefel Laboratories, Inc., a specialty
pharmaceutical company acquired by GlaxoSmithKline plc. He began his career
practicing at the law firms of Troutman Sanders LLP in Atlanta, Georgia and
Akin Gump Strauss Hauer & Feld LLP in Houston, Texas.
Kennedy received a J.D. from the Tulane University School of Law and both a
B.A. and B.S. from Mercer University, and has been admitted to the state bars
of Texas and Georgia.
About Streamline Health
Streamline Health Solutions, Inc. (NASDAQ: STRM) is a leading provider of
SaaS-based healthcare information technology (HCIT) solutions for healthcare
providers.The company's comprehensive suite of solutions includes: enterprise
content management (ECM), business analytics, integrated workflow systems,
clinical documentation improvement (CDI), and computer assisted coding (CAC).
This unique combination of solutions is designed to help healthcare
organizations manage the financial and operational challenges they face in the
ever-changing world of healthcare today and in the future. For more
information, please visit our website at www.streamlinehealth.net.
Safe Harbor statement under the Private Securities Litigation Reform Act of
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.
Streamline Health Solutions, Inc.
Ashley Moore, 404-446-2057
Randy Salisbury, 404-229-4242
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