EANS-News: CompuGroup Medical AG - acquisition of Visionary Healthware Group in USA

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Joint Ventures/Cooperation/Collaboration

Koblenz (euro adhoc) - CompuGroup Medical AG has today entered into
an agreement for the purchase of 100% of the shares in American
Healthcare Holdings, Inc., Visionary Medical Systems, INC. and
Visionary RCM, INC. ("Visionary Healthware Group"). Visionary
Healthware Group is a provider of practice management software and
electronic health records to approximately 10,000 office-based
doctors in USA, and also a vendor of laboratory information systems
and revenue cycle management services. Total sales in 2009 were about
$28.0 million and EBITDA was about $6.2 million, with 55% recurring
revenues plus additional 20% predictable and repeat revenues.

With a headquarter in Tampa, Florida, Visionary Healthware Group
serves an impressive customer base that spans the United States,
covering healthcare organizations, physicians´ offices and
laboratories. The company was ranked #71 in the 2009 Healthcare
Informatics Top 100 Healthcare Information Technology Companies list
and has 200 employees, led by an experienced management team with
significant domain knowledge.

This acquisition comes at a particularly exciting time in USA with
the Healthcare Information Technology Economic and Clinical Health
Act (HITECH) providing almost $20 billion to healthcare information
technology aimed at Visionary´s customer group. With 10,000 closely
served doctors and a total network of doctors estimated at up to
60,000 (including the LIS, managed care consulting and RCM business),
there are significant and untapped cross-selling opportunities in
Visionary Healthware Group based on the HITECH stimulus.

With this acquisition, CompuGroup Medical AG continues its strategy
and growth based on the greatest coverage among healthcare providers
(physicians, dentists, hospitals etc.) worldwide. The company, one of
the leading global providers of eHealth solutions, has this year
placed particular emphasis on increasing its presence in the United
States and Frank Gotthardt, Chairman of the Board of CompuGroup
Medical AG, stated: "The US is a core market for CompuGroup Medical.
With the network of doctors now served through Noteworthy and
Visionary we are quickly moving up the ranks of healthcare IT
companies in USA. I am particularly excited about this accelerating
development and l repeat our commitment to do everything in our power
to make the United States a key future market for CompuGroup
Medical."

The payment for all debt and equity in the entities acquired is
expected to total $44 million in cash plus an additional variable
consideration over the next 2 years of up to $21 million depending
primarily on the continued growth in number of users. The initial
purchase price will be financed through cash at hand and new
long-term debt. The shares of the acquired entities will be held by
CompuGroup Holding USA, Inc., a wholly-owned subsidiary of CompuGroup
Medical AG. The closing of the transaction is scheduled for September
1st 2010.

Visionary Healthware Group will be consolidated in the Group accounts
of CompuGroup Medical AG beginning September 1st 2010. For the
remainder of 2010, the transaction is expected to increase Group
revenue by approximately EUR 8 million with no significant effect on
EBITDA net of transaction expenses.

Novahill Partners and its WestEnd Alliance affiliate, Wellness
Business Partners, served as financial advisors to CompuGroup Medical
AG in this transaction.

About CompuGroup Medical AG CompuGroup Medical is one of the leading
e-health companies worldwide. Its software products, designed to
support all medical and organizational activities in doctors´ offices
and hospitals, its information services for all parties involved in
the healthcare system and its web-based personal health records
contribute towards safer and more efficient healthcare. The services
of CompuGroup Medical are based on its unique customer base of around
360,000 doctors, dentists, hospitals and networks as well as other
service providers. CompuGroup Medical is the e-Health company with
one of the biggest coverage among e-health service providers
worldwide. The company operates in 14 European countries as well as
in Malaysia, Saudi Arabia, South Africa and in the USA and currently
employs around 2,800 people.

Conference Call for Journalists, Investors and Analysts: The
management board of CompuGroup Medical AG will go through the
Visionary Healthware Group acquisition at a conference for analysts
and investors on Tuesday, August 31st at 15:00 hours CEST. The
conference will be broadcast live via telephone (see the following
list of telephone numbers). Its recording can be replayed later.

You can participate in this conference call by dialing one of the
following phone numbers: +49 69 210869703 (Germany) +44 16 16018902
(UK) +1 2153054495 (USA) Participant code: 18561270

At the beginning of the conference call, a presentation will be made
available for download on the CompuGroup Medical website at
www.cgm.com.

end of announcement euro adhoc
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ots Originaltext: CompuGroup Medical AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

CompuGroup Medical AG

Barbara Zörner

Consultant Press & Media

T +49 (0) 261 8000-1293

F +49 (0) 261 8000-3284

E-Mail: press@cgm.com

Branche: Software
ISIN: DE0005437305
WKN: 543730
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade