Integrated Healthcare Systems Receives $9 Million Investment From AIG Horizon Partners Fund, L.P.

SEATTLE--(BUSINESS WIRE)--March 22, 2005--Integrated Healthcare Systems, Inc. (IHS), a leading pharmacy technology company, has received an investment of $9 million from AIG Horizon Partners Fund, L.P., and another private equity fund managed by AIG Global Investment Group (AIGGIG). The investment directed by AIG Global Investment Group is the first external, institutional funding to IHS, which provides hospital pharmacy automation systems that reduce costs and increase productivity, while improving accuracy and patient safety. The three-year-old company has installed systems in more than 50 hospitals across the country, and expects to double that number this year.

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