Harris Corporation completes acquisition of Carefx Corporation

April 6, 2011

MELBOURNE, FL/SCOTTSDALE, AZ, April 4, 2011 — Harris Corporation (NYSE:HRS), an international communications and information technology company, has completed its previously announced acquisition of Carefx Corporation, a leading provider of interoperability workflow solutions for government and commercial healthcare providers.  Privately held Carefx was purchased for $155 million in cash, subject to post-closing adjustments.

Carefx Chairman and CEO Andrew Hurd will continue to lead the business, which will become part of the company’s Healthcare Solutions business.  The acquisition leverages the outstanding healthcare interoperability workflow products offered by Carefx and the broad scale of enterprise intelligence solutions and services provided by Harris.

The Carefx Fusionfx platform incorporates the latest standards-based technologies and industry best practices to streamline retrieval, access and use of patient information.  Fusionfx aggregates patient information across existing systems and delivers it in a single, clear, clinically relevant view to physicians at the point of care.

The Fusionfx platform is used in more than 800 hospitals, healthcare systems and health information exchanges across North America, Europe and Asia.  Carefx customers include the Boston Medical Center, Emory University Hospital, Northwestern Medical Hospital, the Louisiana Rural Health Information Exchange, Johns Hopkins Health System and Cambridge University Hospitals.

“The Fusionfx solution is the industry standard in providing interoperability between disparate hospital systems, giving clinicians the information they need when they need it,” said Jim Traficant, vice president and general manager, Harris Healthcare Solutions.  “This acquisition marks an unprecedented opportunity to establish Harris and Carefx as the global leader of interoperability solutions.”

Harris provides a range of healthcare enterprise intelligence solutions and services for commercial and government customers, including interoperability, imaging, managed services infrastructure, systems and cyber integration, and informatics.  Harris products, systems, and services improve health outcomes by ensuring that the right information is delivered with security and privacy to the right person, on the right device, at the point of care.

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