SXC Health Solutions announces multi-year, multi-million dollar agreement with major PBM

    LISLE, IL, July 10 /CNW/ - SXC Health Solutions Corp. ("SXC" or the
"Company") (NASDAQ:   SXCI, TSX: SXC), a leading provider of pharmacy benefits
management technology and services, announces a multi-year, multi-million
dollar extension to its software maintenance and professional services
agreement, and software license expansion with CVS Caremark Corporation.
    The agreement provides CVS Caremark with software maintenance and
professional services over a multi-year period along with expanded license
rights. SXC has historically provided software maintenance and professional
services to CVS Caremark. The scope of the services provided will not change
under the new agreement.
    "Since 1994, we have supported CVS Caremark or certain of the predecessor
organizations; we are proud of our track record with this client and excited
about the future prospects of working together," said Mike Bennof, SXC's
Executive Vice President of Health Care Information Technology (HCIT). "This
announcement validates our business strategy by demonstrating that we remain a
valued provider of pharmacy and non-pharmacy related technology and services
to a wide variety of health care organizations that manage prescription drug
benefit programs."

    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 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 Federal, provincial, and, state and local governments,
pharmacy benefit managers, managed care organizations, retail pharmacy chains
and other healthcare intermediaries. SXC is headquartered in Lisle, Illinois
with 13 locations in the US and Canada. For more information please visit

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For further information:

For further information: Jeff Park, Chief Financial Officer, SXC Health
Solutions, Inc., Tel: (630) 577-3206,; Dave Mason, Investor
Relations - Canada, The Equicom Group Inc., (416) 815-0700 ext. 237,; Susan Noonan, Investor Relations - U.S., The SAN
Group, LLC, (212) 966-3650,

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