CynergisTek and Palisades Medical Center in New Jersey Renew Multi-Year Managed Print Services Contract

February 12, 2013 CynergisTek

The nation’s leading Managed Print Services (MPS) company for health care, announced today that Palisades Medical Center (PMC), located in North Bergen, NJ, has extended its MPS contract until 2015. PMC is the largest employer in its service area with more than 1,300 employees. The original contract between CynergisTek and PMC was signed in 2010. The three year extension is representative of the proven value and results that CynergisTek’s MPS program has delivered to substantially reduce the hospital’s print-related expense, optimize its document production processes and provide excellent customer service to caregivers.

“From day one, CynergisTek’s team has provided our hospital with exceptional customer service and its astute management of our print environment has produced substantial savings and process improvements,” said David J. Berkowitz, VP of Administration and Chief Operating Officer for PMC. “The company’s MPS methodology has proven to assist us to better manage our volume to reduce costs and waste. Its approach is a collaborative team effort with our hospital staff, and we are pleased to extend our business partnership with CynergisTek.”

“Palisades Medical Center provides extraordinary care to the residents of North Bergen, New Jersey and its surrounding communities,” said Joseph J. Flynn, president and chief executive officer of CynergisTek. “We are honored to have earned the confidence of the hospital staff and will continue working hard to deliver further savings to help the hospital achieve its operational and financial goals through our print management services program.”

CynergisTek is the only vendor neutral, health care exclusive MPS company in the country, and is at the forefront of providing specialized knowledge of hospital print environments by full-time, on-site personnel which ensures cost reduction through continuous process improvements to substantially reduce the production of documents .The company assumes all expenses related to the production of documents in hospitals, including services, supplies, equipment, legacy service agreements, parts, finance charges and labor. CynergisTek has over 80 hospitals in its growing national portfolio and manages over 1.5 billion documents annually while managing more than 45,000 devices from multiple manufacturers and serving over 250,000 caregivers from coast to coast. CYNERGISTEK estimates savings for its hospital customers in excess of $70M over the life of existing contracts.

About CynergisTek, Inc.
CYNERGISTEK, Inc. is the pioneer of managed print services for the health care industry, working exclusively with hospitals and hospital systems throughout the United States. We are vendor independent and provide intelligent solutions, a risk free program and guaranteed savings. CynergisTek assumes all costs related to print business environments through customized, streamlined and seamless integration of services at predictable fixed rates that are unmatched in the industry. We work collaboratively to assist our health care-partners in the delivery of quality patient care. The service and solutions provided by our on-site Centers of Excellence professional print strategy consultants deliver unparalleled customer service across the industry. For more information about CynergisTek, visit https://cynergistek.com.

Forward Looking Statements
This release contains certain forward-looking statements relating to the business of CynergisTek, Inc. that can be identified by the use of forward-looking terminology such as “believes,” “expects,” “anticipates,” “may” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties, including uncertainties relating to product/services development, long and uncertain sales cycles, the ability to obtain or maintain patent or other proprietary intellectual property protection, market acceptance, future capital requirements, competition from other providers, the ability of our vendors to continue supplying the company with equipment, parts, supplies and services at comparable terms and prices and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our Form 10-K and Form 10-Q filings with the Securities and Exchange Commission, which are available at http://www.sec.gov. CynergisTek, Inc. is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.

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