SalePoint Acquires PatientWorks Division Assets

FOR IMMEDIATE RELEASE
San Diego, California, United States of America (Free-Press-Release.com) February 23, 2012 -- SalePoint Inc., a leading provider of software solutions for the retail, healthcare, higher education and public sector industries, today announced that it had acquired the assets of the PatientWorks Division of the NewBold Corporation.

SalePoint through a newly formed, wholly owned subsidiary PatientWorks Corporation acquired the assets of the PatientWorks business from NewBold Corporation. The terms of the transaction were not disclosed.

Larry Haworth, CEO of SalePoint, stated “We are pleased to add the PatientWorks solutions to our company. We have been a reseller of the PatientWorks solutions so it was a natural fit when we learned the business was for sale. The PatientWorks solutions including KioskWorks have seen strong growth during the last year and we are excited about the opportunities we see in combining our businesses.”

PatientWorks Corporation will continue to operate from the Cary, North Carolina office with certain corporate administrative functions being performed by SalePoint in its San Diego headquarters. The effective date of the acquisition was February 22, 2012.

About NewBold

NewBold provides "blue card" solutions for patient registration to the healthcare market under the Addressograph brand of products, as well as metal embossing and plastic card solutions for industrial, military, hospitality and security identification applications. For more information, please see www.newboldcorp.com.

About SalePoint

SalePoint is headquartered in San Diego, California with branch operations in Sacramento, Austin and Columbus, Ohio. SalePoint is a leading provider of high value business solutions to the retail point of sale, corporate retail, higher education, healthcare, and public sector industries.

SalePoint’s staff is experienced in implementing cashiering, point of sale, and corporate applications. The company provides a complete solution ranging from hardware and software to services required to define, implement and fully support the installed solutions. The company’s customers include such leading names as Pacific Sunwear, Spencer Gifts, Kaiser Permanente, Cato Corporation, New York University Medical Centers, the University of Chicago and Puerto Rico Aqueduct and Sewer Authority.

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