NTST Netsmart Technologies, Inc. Message Board

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Strategies & Market Trends : NTST Netsmart Technologies, Inc.

NTST 18.35

+0.9%

Nov 7 9:30 AM EST

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To: silo who wrote (154)	9/16/1998 12:24:00 PM
From: Alan Boyd	Read Replies (1) of 241

here is the news release: ISLIP, N.Y., Sept. 15 /PRNewswire/ -- Netsmart Technologies, Inc. (Nasdaq: NTSTD) announced that the stockholders have approved a one-for-three reverse split of the Common Stock. The reverse split became effective at the close of business on September 14, 1998 pursuant to an amendment to Netsmart's certificate of incorporation. The stock symbol for the next 20 days will be NTSTD. At its annual meeting the stockholders also reelected the current board, consisting of Messrs. Edward D. Bright, James L. Conway, John F. Phillips, Gerald 0. Koop, Seymour Richter and Joseph G. Sicinski, approved the 1998 long-term incentive plan and ratified the selection of Richard A. Eisner & Company, LLP as the Company's independent auditors for the year ended December 31, 1998. Netsmart Technologies Inc. is a publicly held software developer and systems integrator specializing in behavioral health care systems and smart card technology.

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