Article: Daou Systems, Inc. Reports Financial Results for Fourth Quarter and Year Ended December 31, 2002; Year to Year Gross Profit Improvement; Sentient Government Healthcare Business Strong and Growing; Strategic Partner Program Activated.

Daou Systems, Inc. (BULLETIN BOARD: DAOU) today reported financial results for the quarter and year ended December 31, 2002.

Fourth-quarter results

For the fourth quarter of 2002, Daou reported a net loss available to common stockholders of $1,555,000, or $.08 per share, on net revenues of $9,604,000. Included in the net loss are $1,598,000 or $.08 per share, in restructuring charges related to the Company's previously announced decision to reorganize its management structure, consolidate operations, eliminate non- strategic services, and slightly reduce its workforce. These results compare to a net loss available to common stockholders of $1,157,000 ...

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