Toronto Stock Exchange Symbol: SXC
SYSTEMS XCELLENCE ANNOUNCES RXPORTAL(TM) CONTRACTS WITH FIVE EXISTING CUSTOMERSMILTON, Ontario August 3, 2004, Systems Xcellence
Inc., ("SXC") (TSX: SXC) a leading provider of healthcare information
technology solutions throughout the pharmaceutical supply chain, today
announced the sale of its RxPORTAL(TM) web interface, to three of its
pharmacy benefit manager (PBM) and two of its managed care (MCO) customers.
The five agreements have a collective value of approximately $700,000, which
will be earned over a three- year period. Systems Xcellence (SXC) is headquartered in Milton, Ontario with offices and processing centres in Lombard, Illinois, Scottsdale, Arizona and Victoria, British Columbia. SXC is a leading provider of healthcare information technology solutions and services to the healthcare benefits management industry. The company's product offerings and solutions combine a wide range of software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as pharmacy benefit managers, managed care organizations, retail pharmacy chains and other healthcare intermediaries. SXC can be found on the Internet at www.sxc.com. This press release contains forward-looking
statements based on current expectations. These forward-looking statements
entail various risks and uncertainties that could cause actual results to
differ materially from those reflected in these forward-looking statements.
Risks and uncertainties about the Company's business are more fully
discussed in the Company's Annual Information Form.
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