Net Health Systems Recognized by BusinessWeek SmallBiz - Inner City 100 Selection for Third Consecutive Year

PITTSBURGH, PA (May 20, 2008) – Net Health Systems, Inc., a provider of integrated software for wound management throughout the care continuum, today announced its third consecutive ranking on the 2009 Inner City 100.

Innovative practices and sustained growth are the predominant traits of the Inner City 100, a ranking of the 100 fastest-growing businesses in inner city communities nationwide created by BusinessWeek SmallBiz and the Initiative for a Competitive Inner City (ICIC). With five year revenue growth of 292%, and a 5 year CAGR of 41%, Net Health ranks 39th on the 2009 Inner City 100, a compilation of over 5,000 company submissions nationwide.

“We are extremely pleased with our third consecutive designation by BusinessWeek SmallBiz and the Initiative for a Competitive Inner City,” said Patrick Colletti, Net Health Systems president. “This recognition validates our commitment to operating excellence, innovation and customer-focused relationships as keys to sustained, profitable organic growth.”

“We are delighted to celebrate businesses like Net Health that are playing a critical role to revitalize distressed urban communities throughout America,” said Michael Porter, Bishop William Lawrence Professor at Harvard Business School, founder and CEO of ICIC. “By creating jobs, income, and wealth for local residents, these high-growth businesses are vivid proof that the most effective way to address economic inequality in America is to equip every community to prosper in the market system. Inner City 100 companies also provide a window into the future where all companies will need to learn to address diverse customers and mobilize diverse workforces.”

About Net Health Systems, Inc.

Net Health provides integrated clinical, financial, regulatory software for wound management. Over 10,000 physicians, clinicians, and healthcare professionals across the U.S. use WoundExpert® to improve patient care and facility performance. The WoundExpert software is available as a fully integrated electronic medical record for wound centers and an outcomes tracking and risk management system for in-patient, visiting, and telemedical environments.

At present, nearly 650 locations across the wound care continuum utilize WoundExpert to successfully track in excess of 750,000 healed wounds, affording the largest independent source of comprehensive chronic wound benchmarking data in the industry. Coupled with our commitment to client services excellence – both onsite and phone – we have sustained a 97% client retention and enjoy over a five-fold market leadership position over our nearest competitor in our core ambulatory outpatient wound clinic market.

Headquartered in Pittsburgh, Net Health is celebrating its 16th year of operation. The company’s mission continues to be validated through our consistent recognition as one of the fastest growing companies in the U.S. and best places to work in southwestern Pennsylvania.

About BusinessWeek

BusinessWeek is a global source of trusted content that informs and inspires business leaders to make smarter decisions in their professional and personal lives. Founded in 1929 and published by the McGraw-Hill Companies, BusinessWeek magazine is the market leader, with more than 4.9 million readers each week in 140 countries. Local language editions include Chinese, Israeli, and Bahasa Indonesian. Launched in 1994, BusinessWeek.com is the preeminent provider of daily, essential business news, information, and services to business decision-makers. Reaching 85% of the nation’s households, BusinessWeek TV delivers important business, consumer and financial news to television viewers every week. SmallBiz, with a circulation of 650,000, delivers actionable insight to help small business professionals build stronger companies.

About the Initiative for a Competitive Inner City

The Initiative for a Competitive Inner City (ICIC) is a national not-for-profit organization founded in 1994 by Harvard Business School professor Michael E. Porter. ICIC’s mission is to promote economic prosperity in America’s inner cities through private sector engagement that leads to jobs, income and wealth creation for local residents. ICIC brings together business and civic leaders to drive innovation and action, transform thinking and accelerate inner city business growth and investment.

Media Contact:

Kim Wingard, Marketing and Communications Specialist
800.411.6281
email: marketing@woundexpert.com
Net Health Systems, Inc.
40 24th Street, 5th Floor
Pittsburgh, PA 15222