CRW Craneware Plc

    RNS Number : 3438H
  Craneware plc
  04 November 2008
   

    Craneware plc
    ("Craneware" or "the Company")

    AGM Statement

    4 November 2008 - Craneware plc, (AIM: CRW) a leading provider of financial performance improvement software for US healthcare
organisations, will hold its Annual General Meeting in London today at which Keith Neilson, CEO, will make the following statement:

    "I am pleased to report on a good start to the year. The legislative nature of the US healthcare market and the increasing financial
pressures being exerted on healthcare organisations means our focus on providing tools to increase financial performance has given us
resilience against the broader economic conditions. 

    "We entered the year with visibility over $18.3m of revenue which we have augmented through a good performance in the area of new
customer wins. Additionally the strengthening of the US dollar from 1.99 at the beginning of our fiscal year has further enhanced our
financial prospects.

    "I am therefore pleased to confirm we continue to see a positive outlook for Craneware and its shareholders." 


    For further information, please contact:

 Craneware plc        KBC Peel Hunt        ICIS    
 +44 (0)1506 407 666  +44 (0)20 7418 8900  +44 (0)20 7651 8688
 Keith Neilson, CEO   Oliver Scott         Caroline Evans-Jones
 Craig Preston, CFO                        Mike Smith


    About Craneware

    Founded in 1999, Craneware has headquarters in Livingston, Scotland, with offices in Florida, Arizona and Kansas, employing over 100
staff. Craneware is a recognised leader of solutions that improve the financial performance of US healthcare organisations. Craneware
partners with healthcare organisations to improve returns, increase productivity and manage risk, driving better financial and operational
performance using market-driven revenue management solutions. By enhancing revenue capture processes, Craneware solutions allow those
organisations to optimise reimbursement, improve operational efficiency, and support compliance.

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