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Premise Corporation Fosters Collaboration and Community Among Hospital System Leaders at Annual Client Summit

Farmington, CT (October 15, 2007) - Premise Corporation, a leading provider of software solutions to optimize patient flow, held its annual Client Summit last week at the Mystic Marriott Hotel & Spa in the historic seaport area of southeastern Connecticut.

Approximately 150 clients and partners from the nation’s leading hospitals gathered with Premise employees to collaborate, learn from industry leaders and celebrate measurable patient flow improvements in their organizations. Attendance represented a 50% increase from the 2006 Client Summit, reflecting Premise’s growth in both client base and product installations.

The conference was themed “Navigate Toward Success,” alluding to the event’s historic location in one of the nation’s oldest seaports while highlighting Premise’s role in helping healthcare organizations increase efficiency, streamline hospital processes and improve communication across the entire hospital system. Keynote speaker Ann Edwards, director of PricewaterhouseCoopers Health Advisory Practice, delivered a presentation entitled, “Navigating Healthcare in 2008.” She described how “quality and transparency are in the driver’s seat” and “costs will face increasing public and regulatory scrutiny” – both factors which make patient flow improvement and enterprise visibility critical to hospitals’ success.

The three-day event included peer-led educational sessions, solution demonstrations, product development and enhancement workshops, networking events, recognition of client success and industry leader presentations. Many clients cited ROI and metrics that prove Premise’s value; David Wilcox, RN, BSN, director of patient placement at Moses Cone Health System, described how replacing legacy software and facilitating compliance and accountability enabled a 50% reduction in wait times as well as smoother discharges, thus increasing capacity earlier each day. Roger Weems, senior vice president of performance management at Westchester Medical Center, explained how “Premise enabled technological and visible accountability” while eliminating bottlenecks and centralizing processes that were previously fragmented and “siloed.” Other presenters such as Jay Stallings, associate administrator of Banner Desert Medical Center, stressed how leveraging data and real-time business intelligence are key to “staying the course” and ultimately improving the patient experience and overall healthcare quality.

“Premise Corporation has had a landmark year,” stated Eric Rosow, president and chief executive officer. “We’ve grown our client base more than 300%, increased our install base by more than 200%, and expanded our employee base by nearly 100%. This unprecedented growth, coupled with our clients’ success and enthusiasm about patient flow improvements enabled by Premise, show our tremendous achievement – and the Premise team could not be more pleased.”

Premise clients also agreed the event was highly successful; a participant from Yale-New Haven Hospital stated, “[It is] my third year attending and again I am very impressed with the quality of the conference.” Other Premise clients echoed this sentiment, stating, “ The…facility interaction helped me prepare for our go-live;” “The collaborative focus is so very appreciated;” and “As always, Premise went above and beyond for this conference.”

About Premise

Premise is a leading provider of integrated and clinically-focused software solutions that optimize patient flow, streamline communications, enhance operational efficiency, and empower knowledge-based decision making. Founded upon the idea that optimized delivery of healthcare services can be realized through the widespread use and visualization of real-time operating data, Premise delivers the industry’s most intuitive systems for bed management, bed turnover, transport, and decision support, and has been serving the healthcare industry for more than 12 years.

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