Press Releases

Health Systems Solutions, Inc. Announces Appointment of New Chief Financial Officer

TAMPA, Fla.--(BUSINESS WIRE)--Health Systems Solutions, Inc. (OTCBB:HSSO) announced that its Board of Directors has appointed Michael G. Levine as its new Chief Financial Officer and Executive Vice President. Mr. Levine will replace Susan Baxter Gibson, who resigned effective July 27, 2007. Mr. Levine will assume his new role effective September 1, 2007.

Since August 2000, Mr. Levine has worked at IDT Telecom, the principal subsidiary of IDT Corporation, an NYSE-listed telecommunications and technology company. In his most recent position, Mr. Levine was Executive Vice President, responsible for the finance, business development and mergers and acquisitions functions. Prior to IDT, Mr. Levine worked at HSBC Bank USA where he headed the proprietary mergers and acquisitions group. Mr. Levine previously had the same position at Republic New York Corporation, which was acquired by HSBC in December 1999, and was also head of investor relations for Republic at the time of the acquisition. Mr. Levine has also worked for TIAA-CREF as a securities analyst and PaineWebber as an analyst in their investment banking division. Mr. Levine holds a B.S. from the State University of New York at Buffalo and has an MBA from the Wharton School at the University of Pennsylvania.

“I am very excited that we were able to attract a seasoned executive of the caliber of Mike Levine. Mike’s experience in telecommunications, technology and banking make him the ideal candidate for this role”, said Stan Vashovsky, HSS’s recently appointed Chairman and CEO. “He understands what it takes to grow a company, yet has the financial discipline to make sure that our strategy fits the best long-term interests of our shareholders.”

“There is a great opportunity before us. I believe and share in Stan Vashovsky’s vision of what HSS can achieve, and am excited to join the team and help lead HSS to the next level,” said Mr. Levine.

About Health Systems Solutions, Inc.
HSS, through its wholly owned subsidiaries, designs, develops, markets, sells and supports both licensed and web-based, management information and business intelligence information technology systems and related services. These products are designed to assist home health care companies more effectively manage the daily clinical, operational and financial aspects of their business and to compete effectively in the Medicare, Medicaid, private pay and managed care environments. HSS offers several comprehensive software solutions including HSS Advantage, HSS Analyzer, HSS VividNet and HSS VividCare.

For more information, investors only:
Howard Gostfrand, American Capital Ventures, Inc., (305) 918-7000, hg@amcapventures.com