“Now, even the smallestclinical lab has access to our most powerful and easy-to-use LIS solution,” saysNeal Flora, President and CEO of Fletcher-Flora. FFlex eSuite LIS was designed to combine 30 years of LIS experience with theflexibility and power of advanced system technology. Completingthe package is a streamlined system implementation process that enables a newFFlex eSuite MGR to be up and running in a very short time frame. The basic package includes order entry, result review, consolidatedreporting, and quality control for a single user station and a singleinstrument Additional users and instruments can be added as desired. (OTC:FFLH) today announced the releaseand immediate availability of an entry level Web-based laboratory datamanagement solution leveraging the robust design of the FFlex eSuite LaboratoryInformation System (LIS).The FFlex eSuiteMGR is Fletcher-Flora`s solution forsmall clinical laboratories looking for a simple, entry level LIS for theirsmall lab.
ANAHEIM, Calif.–(Business Wire)–Fletcher-Flora Health Care Systems, Inc. Cegedim employs 8,200people in more than 80 countries and generated revenue of EUR 849 millionin 2008.To learn more, please visit our website: on NYSE Euronext Paris, compartment B – ISIN FR0000053506 – ReutersCGDM.PA – Bloomberg CGMThis information is provided by HUGINMedia inquiriesCegedimAude BalleydierMedia RelationsTel: + 33 (0)1 49 09 68 81Email ContactInvestor relationsCegedimJan Eryk UmiastowskiChief Investment Officer – Investor RelationsTel: + 33 (0)1 49 09 33 36Email ContactPresse & Papiers AgencyGuillaume de ChamissoPress OfficerTel: + 33 (0)1 77 35 6099Email ContactCopyright 2009, Market Wire, All rights reserved.-0-. Its offerings are targeted notably at healthcareindustries, pharmaceutical companies, healthcare professionals andinsurance companies.The world leader in pharmaceutical CRM, Cegedim is also one of the leadingsuppliers of strategic healthcare industry data. Cegedim supplies services,technological tools, specialized software, data flow management servicesand databases.
Its net debt to contractual EBITDA ratio was 3.15,whereas its ceiling is 3.50, and its ratio of contractual EBITDA tointerest expense was 4.52, whereas its floor is 3.75.Cegedim’s financial model continues to generate large amounts of cashflow: businesses activities generated net cash flow of EUR 166.9 million,up 14.2% over 2007. As of December 31, 2008, the company was in compliance with allof its loan covenants. Net bank financial debtat the same date came to EUR 594.4 million, a EUR 16.4 million decline.Key financial ratios show that the company’s financial situation is undercontrol. This result reflects an increased cost of debt causedby a negative currency impact in 2008 and a different comparison period(due to the May 2007 Dendrite acquisition), which were partly offset by adrop in the tax bill.Earnings per share came to EUR 3.6, compared with EUR 4.7 in 2007, basedon 9.3 million existing shares in 2008.At its Shareholders’ Meeting on May 27, 2009, the Group will proposepaying no dividend in respect of financial year 2008, which confirms itsdesire to prioritize financing growth.Its financial situation under control, the Group is meeting 100% ofcommitments to its banking partnersThe Group’s net financial debt at December 31, 2008, amounted to EUR 603.1million, down EUR 17.9 million compared with 2007. The 4 percentage point improvement in the margin is attributable tojudicious investments and acquisitions.2008 net profit down from 2007The Group’s attributable net profit of EUR 33.7 million was a 23% dropcompared with 2007. The decline was due to lower operating profits atthe US subsidiary due to a drop in business at the unit’s principal client(see previous announcement).- The restated margin for 2008 came to 12.9%, up from 10.9% in the firsthalf of 2008. This suggests thathigher gold grades may be encountered in the veins within the previouslyunexplored graben block.A very exciting new result of this year’s exploration program confirmedthat at least two episodes of mineralization took place in this area.