CHICAGO–(BUSINESS WIRE)–June 29, 2005–Allscripts Healthcare
Solutions (Nasdaq:MDRX), the leading provider of clinical software,
connectivity and information solutions that physicians use to improve
healthcare today announced that its $82.5 million 3.50% Convertible
Senior Debentures Due 2024 (the “Convertible Notes”) will become
convertible during the fiscal quarter beginning on July 1, 2005 and
ending on September 30, 2005 due to the satisfaction of the market
price condition in the indenture governing the Convertible Notes.
Allscripts may elect to deliver cash, common stock or a combination of
cash and common stock upon surrender of a Convertible Note for
conversion subject to the terms of the indenture governing the
Convertible Notes.
Holders of the Convertible Notes desiring to exercise their
conversion rights with respect to the Convertible Notes should contact
LaSalle Bank N.A., the conversion agent for the Convertible Notes, at
the following address: LaSalle Bank N.A., attention Erik R. Benson,
131 South LaSalle Street, Chicago, Illinois 60603 or via telephone at
312-904-2970 or fax at 312-904-2236.
About Allscripts
Allscripts Healthcare Solutions (Allscripts) is the leading
provider of clinical software, connectivity and information solutions
that physicians use to improve healthcare. The Company’s business
groups provide unique solutions that inform, connect, and transform
healthcare. The Clinical Solutions Group’s award-winning clinical
software applications include Electronic Health Record (EHR),
e-prescribing and document imaging solutions. Additionally, Allscripts
provides clinical product education and connectivity solutions for
physicians and patients through its Physicians Interactive(TM) Group
and medication fulfillment services through its Medication Services
Group. Visit Allscripts on the Web at www.allscripts.com.
This announcement may contain forward-looking statements about
Allscripts Healthcare Solutions that involve risks and uncertainties.
These statements are developed by combining currently available
information with Allscripts beliefs and assumptions. Forward-looking
statements do not guarantee future performance. Because Allscripts
cannot predict all of the risks and uncertainties that may affect it,
or control the ones it does predict, Allscripts’ actual results may be
materially different from the results expressed in its forward-looking
statements. For a more complete discussion of the risks, uncertainties
and assumptions that may affect Allscripts, see the Company’s 2004
Annual Report on Form 10-K, available through the Web site maintained
by the Securities and Exchange Commission at www.sec.gov.
CONTACT: Allscripts Healthcare Solutions
Dan Michelson, 312-506-1217
dan.michelson@allscripts.com
or
Bill Davis, 312-506-1211
bill.davis@allscripts.com
SOURCE: Allscripts Healthcare Solutions