The Pomerantz Firm Reminds Athenahealth, Inc. Investors of Class Action Lawsuit --...

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Tue Apr 6, 2010 1:44pm EDT

The Pomerantz Firm Reminds Athenahealth, Inc. Investors of Class Action Lawsuit
-- ATHN

NEW YORK, April 6, 2010 (GLOBE NEWSWIRE) -- Pomerantz Haudek Grossman & Gross
LLP (www.pomerantzlaw.com) ("Pomerantz") reminds investors that a class action
lawsuit was filed in the United States District Court, District of
Massachusetts, against Athenahealth, Inc. ("Athena" or the "Company"),
(Nasdaq:ATHN) and certain of its top officials. The class action (10-cv-10477)
was filed on behalf of purchasers of the securities of the Company between
October 29, 2009 and February 25, 2010, both dates inclusive, (the "Class
Period"). The Complaint alleges violations of Sections 10(b) and 20(a) of the
Securities Exchange Act and Rule 10b-5 promulgated thereunder.

If you are a shareholder who purchased the securities of Athenahealth Inc during
the Class Period, you have until June 19, 2010 to ask the Court to appoint you
as lead plaintiff for the class. Shareholders outside the United States may join
the action, regardless of where they live or which exchange was used to purchase
the securities. A copy of the complaint can be obtained at www.pomerantzlaw.com.
To discuss this action, contact Nicola Brown at nbrown@pomlaw.com or
888.476.6529 (or 888.4-POMLAW), toll free. Those who inquire by e-mail are
encouraged to include their mailing address and telephone number.

Athenahealth, Inc. engages in the provision of Internet-based business services
for physician practices in the United States. The company offers a revenue cycle
management service that automates and manages billing-related functions for
physician practices. On February 25, 2010, after the market closed, Athenahealth
announced that its previous financial statements could no longer be relied upon
and that it would likely need to restate prior financial statements based on its
methodology for calculating implementation revenue, causing the stock to drop
almost 13%, falling from a close of $43.52 on February 25, 2010 to a close of
$37.96 on February 26, 2010.

The Pomerantz Firm, with offices in New York, Chicago, Washington, D.C.,
Columbus, Ohio and the Burlingame, California, is acknowledged as one of the
premier firms in the areas of corporate, securities, and antitrust class
litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the
class action bar, the Pomerantz Firm pioneered the field of securities class
actions. Today, more than 70 years later, the Pomerantz Firm continues in the
tradition he established, fighting for the rights of the victims of securities
fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has
recovered numerous multimillion-dollar damages awards on behalf of class
members.

CONTACT:  Pomerantz Haudek Grossman & Gross LLP
          Nicola Brown
          (888) 476.6529
          (888) 4.POMLAW
          NBrown@PomLaw.com
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