iSOFT Group Limited (ASX:ISF) Secures A$30 Million Equity Line Of Credit Facility With YA Global

Sydney, July 7, 2010 AEST (ABN Newswire) - iSOFT Group Limited (ASX:ISF) today announces that it has secured a A$30 million equity line of credit facility with US-Based Investment Fund YA Global Master SPV Ltd (YA Global).

iSOFT secured the facility in order to provide flexibility in cash management. It will initially be used to replenish cash balances drawn down to fund acquisitions and other capital investments undertaken during the 2010 financial year.

Under the terms of the facility, iSOFT may, at its discretion, issue shares to YA Global at any time over the next 60 months, up to a total of A$30 million. iSOFT may draw down these in tranches of up to A$2.5 million, although this may be varied by agreement with YA Global.

Shares issued to YA Global will be priced based on a formula that is related to daily volume weighted average price (VWAP) of iSOFT shares traded once an advance notice by iSOFT has been given.

The shares issued will be ordinary shares and be entitled to dividends - although there is currently no expectation that a dividend will be declared in respect of the current year.

Contact

Gary Cohen CEO iSOFT Group Limited Tel: +61-2-8251-6700 Email: gary.cohen@isofthealth.com Simon Winston Smith Corporate Affairs iSOFT Group Limited Tel: +61-2-8251-6769 Email: simon.winston.smith@isofthealth.com