CONTACT: Paul Bloom
Executive Vice President
of Corporate Development
AremisSoft Corporation
856-869-0770
[email protected]
FOR IMMEDIATE RELEASE
Stephanie Prince/CathyDawson
Morgen-Walke Associates
Press: Brian Maddox
212-850-5600
AremisSoft Schedules Conference Call For December 7, 2000
*Company to Discuss e-ChaRM Acquisition
*Company to Discuss '01 Outlook
December 6, 2000--AremisSoft Corporation (Nasdaq:AREM), a leading international
supplier of enterprise-wide software and Internet-enabled solutions for the
manufacturing, hospitality, healthcare and construction industries, will discuss
the acquisition of e-ChaRM India Pvt Ltd., a leading supplier of web based
Customer Relationship Management (CRM), and Hospital Management Systems (HMS).
Roys Poyiadjis, President and Chief Executive Officer, and Paul Bloom, Executive
Vice President of Corporate Development, will host a conference call at 9:00
a.m. EST to discuss the acquisition. Management will also discuss the Company's
2001 forecast. This conference call is part of AremisSoft's ongoing efforts to
comply with Regulation FD (Fair Disclosure) recently adopted by the Security and
Exchange Commission.
To participate in the conference call, local and international callers can dial
212.676.5190. Callers from the United States and Canada can dial 800.633.8417.
For any information or questions about the call, e-mail: [email protected].
A replay is available approximately one hour after the call until 11:59 p.m. on
December 14, 2000. The replay number is 858-812-6440, passcode: 17164662.
The conference call will also be available via the Internet by accessing the
AremisSoft web site at www.aremissoft.com. Follow the directions on the main
page to link to the audio. Please go to the web site at least fifteen minutes
prior to the call to register, download and install any necessary audio
software.
About AremisSoft Corporation
AremisSoft develops, markets, implements and supports enterprise-wide
applications software targeted at mid-sized organizations in the manufacturing,
healthcare, hospitality and construction industries. The Company's software
products help streamline and enhance an organization's ability to manage and
execute mission-critical functions such as accounting, purchasing,
manufacturing, customer service and sales and marketing. AremisSoft reported
total revenue of $73.4 million for the twelve months ended December 31, 1999 and
net income of $12.1 million before extraordinary gains for the same period.
AremisSoft has over 475 employees, with sales in ten countries and a customer
base in excess of 4,500. The Company also operates a software development and
support facility in India, with over 200 employees, which provides significant
organizational efficiencies and cost advantages in software development and
support.
