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Press release from CNW Group

SXC Health Solutions and Catalyst Health Solutions Sign Five-year Contract Renewal

Tuesday, October 25, 2011

SXC Health Solutions and Catalyst Health Solutions Sign Five-year Contract Renewal07:00 EDT Tuesday, October 25, 2011LISLE, IL, Oct. 25, 2011 /CNW/ - SXC Health Solutions Corp. ("SXC" or the "Company") (NASDAQ: SXCI, TSX: SXC), a leading provider of technology and pharmacy benefit management (PBM) services, announces that it has signed a five-year Health Care Information Technology ("HCIT") contract renewal with Catalyst Health Solutions, Inc. (NASDAQ: CHSI)."Catalyst has been a long-term and valued client of SXC. This contract renewal ensures that Catalyst will continue to be a very important part of our HCIT business and demonstrates our commitment to client retention as a key component of our growth strategy," said Mark Thierer, Chairman and CEO of SXC.About SXC Health Solutions Corp.SXC Health Solutions Corp. is a leading provider of pharmacy benefits management (PBM) services and Health Care Information Technology (HCIT) solutions to the healthcare benefits management industry. The Company's product offerings and solutions combine a wide range of PBM services and software applications, application service provider (ASP) processing services and professional services, designed for many of the largest organizations in the pharmaceutical supply chain, such as health plans, employers, federal, provincial, and, state and local governments, pharmacy benefit managers, retail pharmacy chains and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois with multiple locations in the US and Canada.For more information please visit Catalyst Health Solutions, Inc.Catalyst Health Solutions, Inc., the fastest-growing national PBM in the U.S., is built on strong, innovative principles in the management of prescription drug benefits and provides an unbiased, client-centered philosophy resulting in industry-leading client retention rates. The Company's subsidiaries include Catalyst Rx, a full-service pharmacy benefit manager (PBM) serving more than 18 million lives in the United States and Puerto Rico; HospiScript Services, LLC, one of the largest providers of PBM services to the hospice industry; FutureScripts, LLC, a full-service PBM serving approximately 1 million lives in the mid-Atlantic region, and Immediate Pharmaceutical Services, Inc., a fully integrated prescription mail service facility in Avon Lake, Ohio. The Company's clients include self-insured employers, including state and local governments, managed care organizations, unions, hospices, third-party administrators and individuals.For further information: Tony Perkins Investor RelationsSXC Health Solutions Corp. (630) 577-4871