Final Results - Year Ended 31 December 1999

Clinical Computing PLC
31 March 2000


CLINICAL COMPUTING PLC

Preliminary Announcement of Annual Results

Chairman's and Chief Executive's statement

In  1999  we  recorded  a  net  profit of  £0.4 million,  earnings  per  share
increased by 36% to 1.5p.  In addition the Group installed its first  Clinical
Vision system.

Financial

For  the  fiscal year 1999 the Group produced an operating profit of £265,000,
which  represents an increase of  £113,000 over 1998.  The earnings per  share
increased  from 1.1p in 1998 to 1.5p in 1999, which represents a 36%  increase
over  the  prior  year.  The Group's cash position remains  strong  with  £0.5
million generated in 1999.  Overall total Group costs were reduced by £41,000,
but  at  the  same  time  spending on research and  development  increased  by
£96,000.

Research and Development

Development has continued on the Clinical Vision product line, and Version 1.0
was  installed in September 1999 at our first UK beta site.   Version 2.0  was
installed  in  February 2000 at our second UK beta site.   The  feedback  from
these  two  initial installations has been very positive, and at the  time  of
writing, negotiations are at an advanced stage for our first US beta site.

The  Group has further enhanced both the PROTON based and the RENLStar product
lines.  During 1999 we released Version 2.6 of PROTON, Version 8.0 of the  di-
PROTON application, and Version 8.0 of RENLStar.  We continue to receive  many
license upgrade requests from users of PROTON based systems, attesting to that
product  line's  effectiveness and longevity.  We  also  signed  a  number  of
sizable contracts for di-PROTON in the US.  Our RENLStar customers are now all
upgraded  to  the  UNIX  version so as to extend  their  use  of  the  system.
Development  plans for the next releases of these product lines  in  2000  are
already in process.

During 1999 we established a virtual private network (VPN) linking our UK  and
US  offices.   The VPN provides us with enhanced ability to manage development
at  multiple  locations  and  enables us  to  fully  utilise  our  development
resources  both  in  the  US and UK.   The VPN also provides  the  Group  with
greater  security through the use of firewalls at each location.  This ensures
our internal networks are safe from outside interference and access.

Year 2000

We  are  pleased  to report that the arrival of Year 2000 did  not  cause  any
operational  issues  with regard to the Group's products.    During   1999  we
conducted  a  complete  Year 2000 quality assurance  program  on  all  of  our
products.   All  our  customers were upgraded in 1999 to Year  2000  compliant
releases for each of the Group's product lines.  Our own internal systems were
also  unaffected  by  the arrival of Year 2000.  I am pleased,  therefore,  to
report that we have not experienced any difficulties due to the change to  the
new millennium.


The Future

In  2000  the  Group's focus is on expanding the Clinical Vision product  line
while  maintaining  customer satisfaction in our PROTON and  RENLStar  product
lines.   We will be looking at ways to increase both the depth and breadth  of
Clinical  Vision.   In  the  second half of the year  we  will  start  planned
expansion  into  other clinical specialities.  We will also begin  to  set  up
distribution channels throughout Europe through the use of partnerships.

We  anticipate significant new sales orders in the second half  of  the  year.
The  customer  implementation  process and  our  revenue  recognition  policy,
however,  will  mean  that  these orders will be generating  turnover  in  the
following  year.  Our current strong cash position combined with our extensive
experience  in  clinical  systems provides us with the  means  to  expand  our
product range across multiple clinical specialities and worldwide.

We again extend our immense gratitude to our employees for their hard work and
commitment  throughout 1999.  Our achievements have been a  direct  result  of
their team efforts.





Michael Gordon                           Jack Richardson
Chairman                                 Chief Executive



Consolidated profit and loss account
For the year ended 31 December 1999

                                            1999        1998
                                               £           £
Turnover                               3,112,623   3,039,301
                                       --------- -----------
Cost of sales                                               
Research and development               (886,054)   (789,873)
Other                                  (779,985)   (833,087)
                                       --------- -----------
                                     (1,666,039)  (1,622,960)
                                       --------- -----------

Gross profit                           1,446,584   1,416,341
Distribution  costs  (including  sales (412,649)   (460,378)
and marketing)
Administrative expenses                (768,678)   (804,342)
                                       --------- -----------
                                     (1,181,327)  (1,264,720)
                                       --------- -----------
Operating profit                         265,257     151,621
Net interest receivable                  117,079     124,963
                                       --------- -----------
Profit  on ordinary activities  before   382,336     276,584
and after taxation
                                       --------- -----------
Basic and diluted earnings per share        1.5p        1.1p
                                       --------- -----------

All amounts relate to continuing operations.


Consolidated statement of total recognised gains and losses
For the year ended 31 December 1999

                                               1999     1998
                                                  £        £
Profit for the financial year               382,336  276,584
(Loss)    gain   on   foreign    currency  (25,297)    9,810
translation
                                           -------- --------
Total   recognised   gains   and   losses   357,039  286,394
relating to the year
                                           -------- --------

All amounts relate to continuing operations.



Consolidated balance sheet
31 December 1999

                                                1999       1998
                                                   £          £
Fixed assets                                                   
Tangible assets                              345,461    326,633
                                          ---------- ----------
Current assets                                                 
Stocks                                        41,500     41,500
Debtors                                      748,122  1,066,726
Cash at bank and in hand (including short  2,793,572  2,331,897
term deposits)
                                          ---------- ----------
                                           3,583,194  3,440,123
                                          ---------- ----------

Creditors: Amounts falling due within one                      
year
Deferred income                            (649,687)  (814,105)
Other                                      (307,761)  (328,326)
                                          ---------- ----------
                                           (957,448) (1,142,431)
                                          ---------- ----------
Net current assets                         2,625,746  2,297,692
                                          ---------- ----------
Total assets less current liabilities      2,971,207  2,624,325
Creditors:   Amounts  falling  due  after          -   (15,657)
more than one year
                                          ---------- ----------
Net assets                                 2,971,207  2,608,668
                                          ---------- ----------
Capital and reserves                                           
Called-up share capital                    1,254,016  1,254,016
Share premium account                      4,248,388  4,248,388
Profit and loss account                  (2,531,197) (2,893,736)
                                          ---------- ----------
Shareholders' funds - all equity           2,971,207  2,608,668
                                          ---------- ----------
                                                               



Consolidated cash flow statement
For the year ended 31 December 1999

                                                1999      1998
                                                   £         £
Net cash inflow from operating activities    522,879   565,710
                                           --------- ---------
Returns on investments and servicing of      117,079   124,963
finance
Capital expenditure and financial          (158,222) (158,111)
investment
                                           --------- ---------
                                            (41,143)  (33,148)
                                           --------- ---------
Cash inflow before management of liquid                       
resources and financing                      481,736   532,562
Management of liquid resources             (450,573) (569,587)
Financing                                   (20,061)   (1,839)
                                           --------- ---------
Increase (decrease) in cash in the year       11,102  (38,864)
                                           --------- ---------
                                                              

All amounts relate to continuing operations.



NOTES

1.   Segmental analysis

An analysis of Group turnover by geographical region of origin is given
below:-

                                                1999       1998
                                                   £          £
UK                                           548,626    634,847
USA                                        2,518,884  2,353,624
Other                                         45,113     50,830
                                         -----------  ---------
                                           3,112,623  3,039,301
                                         -----------  ---------
Turnover   by   destination    is    not                       
materially   different  from   that   by
origin.


The  Directors  consider  that the Group operates in one  class  of  business.
However, turnover is derived as follows:

                                                1999       1998
                                                   £          £
                                                               
Software systems and upgrades                748,285    830,236
Maintenance and support                    1,625,676  1,541,372
Services                                     433,325    250,987
Hardware, sales and upgrades                 205,498    220,247
Other                                         99,839     96,459
Non-recurring   royalty  received   from           -    100,000
Armstrong Healthcare Limited
                                         -----------  ---------
                                           3,112,623  3,039,301
                                         -----------  ---------

Analysis by origin as follows:

                        UK                           UK               
                       and      1999                and      1998     
                     other       USA     Total    other       USA      Total
                         £         £         £        £         £          £
Turnover           593,739 2,518,884 3,112,623  685,677 2,353,624  3,039,301
                  -------- ---------   -------  -------  -------  ----------
Operating profit    53,023   212,234   265,257   49,382   102,239    151,621
                  -------- ---------   -------  -------   -------  ---------
Net assets       3,531,147 (559,940) 2,971,207 3,403,174 (794,506) 2,608,668
(liabilities)    --------- --------- --------- --------- --------- ---------


2    Earnings per share

Basic   earnings  per  share  are  based  upon  the  profit  attributable   to
shareholders  of  £382,336  (1998: £276,584) and weighted  average  number  of
shares in issue during the year of 25,080,310 (1998: 25,080,310).

Diluted  earnings  per  share  are  based  upon  the  profit  attributable  to
shareholders  of  £382,336  (1998: £276,584) and weighted  average  number  of
shares in issue during the year of 25,087,348 (1998: 25,426,926), allowing for
the exercise of all outstanding share options.
     

3.   Reconciliation of operating profits to operating cash flows:
                                                1999       1998
                                                   £          £
                                                               
Operating profit                             265,257    151,621
Depreciation charge                          143,904    128,625
Profit on sale of tangible fixed assets            -    (1,345)
(Increase) in stocks                               -   (41,500)
Decrease in debtors                          318,604    482,247
(Decrease) in creditors                    (177,722)  (138,828)
Unrealised foreign exchange loss            (27,164)   (15,110)
                                          ---------- ----------
                                                               
Net cash inflow from operating activities                      
                                             522,879    565,710
                                          ---------- ----------


4.   Analysis of cash flows
                                                1999       1998
                                                   £          £
Returns  on investments and servicing  of                      
finance
Interest received                            120,708    125,908
Interest element of finance lease rentals    (3,629)      (945)
                                          ---------- ----------
Net cash inflow                              117,079    124,963
                                          ---------- ----------
                                                               
Capital    expenditure   and    financial                      
investment
Purchase of tangible fixed assets          (176,063)  (164,119)
Sales of tangible fixed assets                17,841      6,008
                                          ---------- ----------
Net cash outflow                           (158,222)  (158,111)
                                          ---------- ----------

Management of liquid resources                                 
Increase in short term deposits            (450,573)  (569,587)
                                          ---------- ----------
Net cash outflow                           (450,573)  (569,587)
                                          ----------  ---------

Financing                                                      
Capital  element of finance lease  rental   (20,061)    (1,839)
payments
                                          ----------  ---------
Net Cash outflow                            (20,061)    (1,839)
                                          ----------  ---------


5. Analysis and reconciliation of net funds

                                1           Other non-                    31
                          January     Cash        cash  Exchange    December
                             1999     flow     changes  movement        1999
                                £        £           £         £          £
Cash  in  hand  and  at   259,549   11,102           -  (1,955)     268,696
bank (including
overdraft)
                                                           
Finance leases            (20,061)  20,061           -        -           -
                          -------  -------  ----------  -------  ----------
Net funds                 239,488   31,163           -  (1,955)     268,696
                          -------  -------  ----------  -------  ----------


                                                 1999       1998
                                                    £          £
                                                                
Increase (decrease) in cash in year            11,102   (38,864)
Cash  outflow  from decrease  in  lease        20,061      1,839
financing
                                        -------------  ---------
                                                    -      -----
Change in net funds resulting from cash        31,163   (37,025)
flows
Exchange movement                             (1,955)        956
New finance leases                                  -   (21,900)
                                        -------------  ---------
                                                    -      -----
Movement in net funds in year                  29,208   (57,969)
Net funds at 1 January 1999                   239,488    297,457
                                        -------------  ---------
Net funds at 31 December 1999                 268,696    239,488
                                        -------------  ---------


The  financial  information  contained in  this  preliminary  announcement  of
audited  results  does not constitute the Group's statutory accounts  for  the
years ended 31 December 1999 and 31 December 1998.  The accounts for the  year
ended 31 December 1998 have been delivered to the Registrar of Companies.

The  statutory accounts for the year ended 31 December 1999 and 1998 have been
reported  on  by  the company's auditors; the reports on these  accounts  were
unqualified and they did not contain any statement under section  237  (2)  or
(3) of the Companies Act 1985.

The accounts for the year ended 31 December 1999 are expected to be posted  to
shareholders in due course and will be delivered to the Registrar of Companies
after  they have been laid before the company in a general meeting  on  4  May
2000.

Copies will also be available from the principal office of the company: 4  The
Thameside Centre, Kew Bridge Road, Brentford, Middlesex, TW8 0HF.