CHICAGO, Oct. 6 /PRNewswire-FirstCall/ — Allscripts Healthcare Solutions,
Inc. (“Allscripts”) (Nasdaq: MDRX), the leading provider of clinical software,
connectivity and information solutions that physicians use to improve
healthcare, announced today that at its 2008 annual meeting of stockholders,
stockholders approved the proposals related to the pending transactions with
Misys plc (“Misys”). The proposals approved include the issuance of shares to
Misys, the amendment and restatement of Allscripts’ certificate of
incorporation required as a condition to the closing of the transactions with
Misys and the additional amendments and a restatement of Allscripts’
certificate of incorporation and by-laws, each as contemplated by the
Agreement and Plan of Merger dated as of March 17, 2008 (the “Merger
Agreement”) by and among Misys, Misys Healthcare Systems, LLC, Allscripts and
Patriot Merger Company, LLC. Over 97 percent of the total shares that voted
were in favor of the transaction related proposals.
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At Misys’ Extraordinary General Meeting held today to approve the proposed
merger of Misys Healthcare Systems, LLC with a subsidiary of, and acquisition
by Misys plc of a majority stake in, Allscripts, the resolution put to Misys
shareholders was duly passed.
Subject to satisfaction of all other closing conditions, Allscripts
expects the transactions with Misys to be completed on or about October 10,
2008. As previously announced, the record date for the special cash dividend
contemplated by the Merger Agreement is October 9, 2008. The payment of the
special cash dividend, which is expected to occur on October 17, 2008, is
contingent upon the closing of the transactions contemplated by the Merger
Agreement.
About Allscripts
Allscripts is the leading provider of clinical software, connectivity and
information solutions that physicians use to improve healthcare. The company’s
unique solutions inform, connect and transform healthcare, delivering improved
care at lower cost. More than 40,000 physicians and thousands of other
healthcare professionals in clinics, hospitals and extended care facilities
nationwide utilize Allscripts to automate everyday tasks such as writing
prescriptions, documenting patient care, managing billing and scheduling, and
safely discharging patients, as well as to connect with key information and
stakeholders in the healthcare system. To learn more, visit Allscripts at
https://www.allscripts.com.
Forward-Looking Statements
This communication contains forward-looking statements. Those
forward-looking statements include all statements other than those made solely
with respect to historical fact. Forward-looking statements may be identified
by words such as “believes,” “expects,” “anticipates,” “estimates,”
“projects,” “intends,” “should,” “seeks,” “future,” continue,” or the negative
of such terms, or other comparable terminology. In addition, statements made
in this communication about anticipated financial results, future operational
improvements and results or conditions and approvals are also forward-looking
statements. Such forward-looking statements are subject to numerous risks,
uncertainties, assumptions and other factors that are difficult to predict and
that could cause actual results to vary materially from those expressed in or
indicated by them. Such factors may include, but are not limited to: (1) the
occurrence of any event, development, change or other circumstances that could
give rise to the termination of the merger agreement; (2) the outcome of any
legal proceedings that have been or may be instituted against Allscripts,
Misys or MHS and others; (3) the inability to complete the proposed
transaction due to the failure of any party to satisfy other conditions to
completion of the proposed transaction; (4) risks that the proposed
transaction disrupts current plans and operations and potential difficulties
in employee retention as a result of the merger; (5) the ability to recognize
the benefits of the merger; (6) legislative, regulatory and economic
developments; and (7) other factors described in filings with the Securities
and Exchange Commission. Many of the factors that will determine the outcome
of the subject matter of this communication are beyond Allscripts’ ability to
control or predict. Allscripts can give no assurance that any of the
transactions related to the merger will be completed or that the conditions to
the transactions will be satisfied. Allscripts undertakes no obligation to
revise or update any forward-looking statement, or to make any other
forward-looking statements, whether as a result of new information, future
events or otherwise. Allscripts is not responsible for updating the
information contained in this communication beyond the published date, or for
changes made to this communication by wire services or Internet service
providers.
SOURCE Allscripts Healthcare Solutions, Inc.