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| Allscripts Issues 2004 Guidance CHICAGO--(BUSINESS WIRE)--Jan. 14, 2004--Allscripts Healthcare Solutions (Nasdaq: MDRX), the leading provider of clinical software, connectivity and information solutions for physicians, today issued guidance for 2004. The Company expects total revenue for 2004 to be in excess of $105 million. Gross margins are projected to continue to improve, averaging between 40 and 45% for the year. Allscripts anticipates an annual EPS between $0.07 and $0.09 per share. The Company also expects to end 2004 with no debt and with total cash and marketable securities exceeding $50 million. "We look forward to profitable operations throughout 2004, demonstrating continued growth and value for our shareholders," stated Glen Tullman, Chief Executive Officer of Allscripts Healthcare Solutions. "With positive cash flow from operations in 2003 as a foundation and a robust pipeline and backlog, Allscripts is well positioned to deliver strong performance in 2004. The market for information technology solutions in healthcare has accelerated and will support the Company as we continue our positive financial trends in the coming year." The Company also announced that it will report its 2003 and fourth quarter results, after the market closes on Thursday, February 19, 2004. AHS management will host a conference call and webcast to discuss the company's earnings and other information at 4:30 PM Eastern Time on February 19, 2004. The earnings news release will be distributed via BusinessWire immediately after the market closes the afternoon of February 19, 2004. The release will also be available on the Company's web site at www.allscripts.com. To listen to the conference call broadcast, participants may log onto www.allscripts.com. We suggest you log onto the web site approximately 15 minutes prior to the conference call to download and install any necessary software. The conference call also can be accessed by dialing 1-800-374-0526. A Microsoft Windows Media Player web replay will be available 3 hours after the conclusion of the call for a period of 2 weeks at www.allscripts.com or by calling 1-800-642-1687, ID # 4978016. Allscripts Healthcare Solutions is the leading provider of clinical software and information solutions for physicians. The Company's award-winning TouchWorks(TM) software is a modular electronic medical record that enhances physician productivity using Tablet PCs, wireless handheld devices or desktop workstations to automate the most common physician activities including prescribing, dictating, capturing charges, ordering labs and viewing results, providing patient education, and documenting clinical encounters. AHS also offers electronic document imaging and scanning solutions through its Advanced Imaging Concepts (AIC) subsidiary. Additionally, AHS provides interactive healthcare product education services for physicians and patient compliance and adherence programs through its Physicians Interactive(TM) business and also provides medication fulfillment services through its Allscripts Direct(TM) business unit. Strategic partners include IDX Systems (Nasdaq: IDXC); IMS Health (NYSE: RX); Microsoft; Hewlett-Packard Company; and Medco Health. TouchWorks, Physicians Interactive, and Allscripts Direct are trademarks of Allscripts Healthcare Solutions. Visit AHS on the Web at www.allscripts.com. (Minimum requirements to listen to broadcast: Microsoft Windows Media Player software, downloadable free from http://windowsmedia.com/download/download.asp, 28.8Kpbs modem Internet connection, and speakers/earphones.) 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 2002 Annual Report on Form 10-K, available through the Web site maintained by the Securities and Exchange Commission at www.sec.gov.
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