NexTech Appoints David Henriksen President and Chief Executive Officer

TAMPA, FL--(Marketwired - February 13, 2014) - NexTech, a leading provider of fully integrated electronic medical records (EMR), practice management, and marketing software solutions for specialty physician practices, announced the appointment of David Henriksen as the company's new president and chief executive officer. As the company continues its rapid innovation and growth, Henriksen's nearly 10 years of executive management experience in healthcare information technology will make a strong impact on NexTech's long-term strategic goals. Henriksen assumes responsibility from the company's founder Kamal Majeed, PhD, who has led NexTech as CEO for the past 17 years. Dr. Majeed will serve on the NexTech board of directors.

"I am thrilled to be part of NexTech and Francisco Partners," says Henriksen. "NexTech is well positioned as a trusted partner for specialty practices, and we will continue our focus on providing world class software and services to help our customers thrive in today's rapidly changing healthcare environment."

Henriksen will leverage his long record of service and growth to further NexTech's commitment to investing in people, technology, and processes to support specialty physicians in providing patient-centered care while ensuring efficiency and compliance. Henriksen's expertise and leadership will help accelerate growth and innovation to allow NexTech to fulfill this mission.

"This is an exciting time for NexTech," says Ezra Perlman, partner at Francisco Partners. "NexTech has spent the last 17 years developing the leading product within its specialty focus areas, including plastic surgery, dermatology and ophthalmology. David's substantial healthcare and technology experience makes him the ideal executive to lead NexTech through its next stage of accelerated growth."

"We are pleased to add someone with David's experience, enthusiasm and depth of expertise to our team," says Majeed. "NexTech's goal from the beginning has been to provide specialty physicians with best-in-class solutions to address their unique needs. I am confident that David is the right person to build on this success and further expand NexTech's capabilities to address new challenges specialty physicians are facing today."

Henriksen was previously the president of healthcare information solutions for Carestream Health, a global medical IT business. Before that he spent seven years at McKesson as a senior vice president responsible for the physician practice solutions business. Additionally, Henriksen spent ten years with General Electric, including general management roles with both the outpatient and acute care software divisions of GE Healthcare.

About NexTech
NexTech offers fully integrated, specialty specific, certified EMR, practice management, and marketing software that covers a wide array of specialty practice needs. Since its inception in 1997, NexTech has built a client base of more than 7,000 providers and 40,000 office staff members. For further information, please visit: www.nextech.com.

About Francisco Partners
Francisco Partners is a global private equity firm that specializes in investments in technology companies. Since its launch over a decade ago, FP has raised approximately $7 billion and invested in more than 100 technology companies, making it one of the most active investors in the industry. The firm invests in transaction values ranging from $50 million to over $2 billion, where the firm's deep sub-sector knowledge and operational expertise can help a company realize its full potential. For further information, please visit: www.franciscopartners.com.