Exhibit 99.1

Cerner Reports Fourth Quarter and Full-Year 2010 Results
Strong Bookings, Revenue, Earnings and Cash Flow

KANSAS CITY, Mo. — Feb. 8, 2011 — Cerner Corporation (Nasdaq: CERN) today announced results for the 2010 fourth quarter that ended Jan. 1, 2011, delivering strong levels of bookings, revenue, earnings and cash flow.

Bookings in the fourth quarter of 2010 were $626.2 million, significantly above the guidance range of $490 million to $530 million and second only to the all-time high level of $680.4 million in the fourth quarter of 2009. Full year 2010 bookings were a record $1.99 billion, up 9% compared to 2009 bookings of $1.83 billion.

Fourth quarter revenue was $500.2 million, up 7 percent compared to $466.3 million in the year-ago period. Full year 2010 revenue was $1.85 billion, up 11% compared to 2009 revenue of $1.67 billion.

On a Generally Accepted Accounting Principles (GAAP) basis, fourth quarter 2010 net earnings were $70.6 million and diluted earnings per share were $0.82. Fourth quarter 2009 GAAP net earnings were $60.5 million and diluted earnings per share were $0.71. For the full year, 2010 GAAP net earnings were $237.3 million and diluted earnings per share were $2.78. Full year 2009 GAAP net earnings were $193.5 million and diluted earnings per share were $2.31.

Adjusted (non-GAAP) Earnings

Adjusted fourth quarter 2010 net earnings were $75.0 million, an increase of 18 percent compared to $63.4 million of adjusted net earnings in the fourth quarter of 2009. Adjusted diluted earnings per share were $0.87 in the fourth quarter of 2010 compared to $0.75 of adjusted diluted earnings per share in the fourth quarter of 2009. Analysts’ consensus estimate for fourth quarter 2010 adjusted diluted earnings per share was $0.84. For the full year 2010, adjusted net earnings were $252.8 million and adjusted diluted earnings per share were $2.96, compared to full year 2009 adjusted net earnings of $204.0 million and adjusted diluted earnings per share of $2.43.

Adjusted Net Earnings is not a recognized term under GAAP and should not be substituted for net earnings as a measure of the Company’s performance but instead should be utilized as a supplemental measure of financial performance in evaluating our business. Following is a description of adjustments made to net earnings. For more detail, please see the accompanying schedule, titled “Reconciliation of Adjusted Net Earnings and Adjusted Diluted Earnings Per Share to GAAP Net Earnings and Diluted Earnings Per Share.”

Adjusted fourth quarter 2010 and 2009 net earnings and diluted earnings per share exclude share based compensation expense, which reduced fourth quarter 2010 net earnings and diluted earnings per share by $4.3 million and $0.05, respectively, and reduced fourth quarter 2009 net earnings and diluted earnings per share by $2.9 million and $0.04, respectively. Share based compensation expense reduced full year 2010 net earnings and diluted earnings per share by $15.6 million and $0.18, respectively, and reduced full year 2009 net earnings and diluted earnings per share by $10.6 million and $0.12, respectively.

Other Fourth Quarter and Full Year 2010 Highlights:

	•		Fourth quarter cash collections of $497.6 million and operating cash flow of $121.7 million. For the full year, cash collections were $1.90 billion and operating cash flow was $456.4 million.
	•		Fourth quarter free cash flow of $75.6 million. For the full year, free cash flow was a record $273.2 million, up 98% from $138.3 million in 2009. Free cash flow is a non-GAAP financial measure defined as operating cash flow less capital expenditures and capitalized software. For more detail, please see the accompanying schedule, titled “Reconciliation of GAAP Operating Cash Flow to non-GAAP Free Cash Flow.”
	•		Days sales outstanding of 87 days compared to 91 days in the third quarter of 2010 and 90 days in the year-ago quarter.

•

Total revenue backlog of $4.94 billion, up 17 percent over the year-ago quarter. This is comprised of $4.29 billion of contract backlog and $655 million of support and maintenance backlog.

“We are pleased with our exceptional results in the fourth quarter and full-year 2010, including record cash flow and strong bookings, revenue and earnings,” said Neal Patterson, Cerner chairman, CEO, president and co-founder. “Our results reflect strong performance in what we believe is the beginning of a multi-year period of increased demand for our solutions and services driven by stimulus, healthcare reform, and other regulatory requirements, such as ICD-10 codes, that will require healthcare providers to make IT investments to operate effectively in the increasingly complex healthcare industry. During the year, we also made great progress at rolling out new services, such as Cerner ITWorks^SM and Cerner RevWorks^SM, that we believe will be major contributors to growth in coming years, and we introduced our Healthe Intent™ platform, a cloud-based platform that will serve as the foundation for many future offerings,” Patterson said.

Future Period Guidance

Cerner currently expects:

	•		First quarter 2011 revenue between $475 million and $490 million.
	•		First quarter 2011 adjusted diluted earnings per share before share based compensation expense between $0.73 and $0.77.
	•		First quarter 2011 new business bookings between $435 million and $465 million.
	•		Full-year 2011 revenue between $2.05 billion and $2.10 billion.
	•		Full-year 2011 adjusted diluted earnings per share before share based compensation expense between $3.50 and $3.60.
	•		Share based compensation expense to reduce diluted earnings per share by approximately $0.05 in the first quarter of 2011 and between $0.20 and $0.22 for the year.

Earnings Conference Call

Cerner will host an earnings conference call to provide additional detail on third quarter results at 3:30 p.m. CT on Feb. 8. The dial-in number for the conference call is (617) 786-4512; the passcode is Cerner. The company recommends joining the call 15 minutes early for registration. The re-broadcast of the call will be available from 6:30 p.m. CT, Feb. 8 through 11:59 p.m. CT, Feb. 11. The dial-in number for the re-broadcast is (888) 286-8010; the passcode is 73280679.

An audio webcast will be available live and archived on Cerner’s website at www.cerner.com under the About Cerner section (click Investor Relations, then Presentations and Webcasts).

About Cerner

Cerner is transforming healthcare by eliminating error, variance and waste for healthcare providers and consumers around the world. Cerner^® solutions optimize processes for healthcare organizations ranging in size from single-doctor practices, to health systems, to entire countries, for the pharmaceutical and medical device industries, employer health and wellness services industry and for the healthcare commerce system. These solutions are licensed by more than 9,000 facilities around the world, including approximately 2,600 hospitals; 3,500 physician practices covering more than 30,000 physicians; 500 ambulatory facilities, such as laboratories, ambulatory centers, cardiac facilities, radiology clinics and surgery centers; 800 home-health facilities; and 1,600 retail pharmacies. The trademarks, service marks and logos (collectively, the “Marks”) set forth herein are registered and unregistered trademarks and/or service marks owned by Cerner Corporation and/or its subsidiaries in the United States and certain other countries throughout the world. Nasdaq: CERN. For more information about Cerner, please visit www.cerner.com, Twitter, Facebook, and YouTube.

This release contains forward-looking statements that involve a number of risks and uncertainties. It is important to note that the Company’s performance, and actual results, financial condition or business could differ materially from those expressed in such forward-looking statements. The words “believe”, “guidance” and “expects” or the negative of these words, variations thereof or similar expressions are intended to identify such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to: the possibility of product-related liabilities; potential claims for system errors and warranties; the possibility of interruption at our data centers or client support facilities; our proprietary technology may be subject to claims for infringement or misappropriation of intellectual property rights of others, or may be infringed or misappropriated by others; risks associated with our non-U.S. operations; risks associated with our ability to effectively hedge exposure to fluctuations in foreign currency exchange rates; the potential for tax legislation initiatives that could adversely affect our tax position and/or challenges to our tax positions in the United States and non-U.S. countries; risks associated with our recruitment and retention of key personnel; risks related to our reliance on third party suppliers; risks inherent with business acquisitions; losses due to asset impairment charges; uncertainty in global economic conditions; changing political, economic and regulatory influences; government regulation; significant competition and market changes; variations in our quarterly operating results; potential inconsistencies in our sales forecasts compared to actual sales; the volatility in the trading price of our common stock; and, our directors’ authority to issue preferred stock and the anti-takeover provisions in our corporate governance documents. Additional discussion of these and other factors affecting the Company’s business is contained in the Company’s periodic filings with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial condition or business over time.

Investor Contact: Allan Kells, (816) 201-2445, akells@cerner.com
Media Contact: Kelli Christman, (816) 885-4342, kelli.christman@cerner.com
Cerner’s Internet Home Page: www.cerner.com

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CERNER CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
For the three and twelve months ended January 1, 2011 and January 2, 2010
(unaudited)

		Three Months Ended								Years Ended
(In thousands, except per share data)		2010 (1)				2009 (1)				2010 (1)				2009 (1)
Revenues
System sales		$	164,500			$	171,745			$	550,792			$	504,561
Support, maintenance and services			327,068				287,410				1,266,977				1,136,871
Reimbursed travel			8,633				7,166				32,453				30,432
Total revenues			500,201				466,321				1,850,222				1,671,864
Margin
System sales			98,532				117,246				329,737				317,935
Support, maintenance and services			306,756				269,776				1,200,129				1,072,731
Total margin			405,288				387,022				1,529,866				1,390,666
Operating expenses
Sales and client service			200,209				184,238				767,152				700,639
Software development			70,827				74,473				272,851				271,051
General and administrative			30,919				35,151				130,530				126,970
Total operating expenses			301,955				293,862				1,170,533				1,098,660
Operating earnings			103,333				93,160				359,333				292,006
Interest income			2,776				2,744				10,347				8,801
Interest expense			(1,628	)			(2,149	)			(6,908	)			(8,493	)
Other income (expense), net			6				(47	)			(560	)			367
Total other income (expense), net			1,154				548				2,879				675
Earnings before income taxes			104,487				93,708				362,212				292,681
Income taxes			(33,850	)			(33,212	)			(124,940	)			(99,216	)
Net earnings		$	70,637			$	60,496			$	237,272			$	193,465
Basic earnings per share		$	0.85			$	0.74			$	2.88			$	2.39
Basic weighted average shares outstanding			82,994				81,676				82,458				80,981
Diluted earnings per share		$	0.82			$	0.71			$	2.78			$	2.31
Diluted weighted average shares outstanding			85,843				84,815				85,424				83,882

Note 1:		Operating expenses for the three and twelve months ended January 1, 2011 and January 2, 2010 include share-based compensation expense. The impact of this expense on net earnings is presented below:

		Three Months Ended								Years Ended
		2010				2009				2010				2009
Sales and client service		$	3,357			$	2,151			$	11,080			$	7,552
Software development			1,960				1,240				6,863				4,374
General and administrative			1,683				1,240				6,960				4,916
Total share based compensation			7,000				4,631				24,903				16,842
Amount of related income tax benefit			(2,667	)			(1,725	)			(9,329	)			(6,274	)
Net impact on net earnings		$	4,333			$	2,906			$	15,574			$	10,568
Decrease to diluted earnings per share		$	0.05			$	0.04			$	0.18			$	0.12

CERNER CORPORATION AND SUBSIDIARIES

RECONCILIATION OF GAAP RESULTS TO NON-GAAP RESULTS¹
For the three and twelve months ended January 1, 2011 and January 2, 2010
(unaudited)

RECONCILIATION OF ADJUSTED NET EARNINGS AND ADJUSTED DILUTED
     EARNINGS PER SHARE TO GAAP NET EARNINGS AND DILUTED EARNINGS PER SHARE¹

		Three Months Ended								Years Ended
(In thousands, except per share data)		2010				2009				2010				2009
Net Earnings
Net earnings		$	70,637			$	60,496			$	237,272			$	193,465
Share-based compensation expense2			7,000				4,631				24,903				16,842
Income tax benefit of share-based compensation2			(2,667	)			(1,725	)			(9,329	)			(6,274	)
Adjusted net earnings (non-GAAP)		$	74,970			$	63,402			$	252,846			$	204,033

		Three Months Ended								Years Ended
		2010				2009				2010				2009
Diluted Earnings Per Share
Diluted earnings per share2		$	0.82			$	0.71			$	2.78			$	2.31
Share-based compensation expense (net of tax)2			0.05				0.04				0.18				0.12
Adjusted diluted earnings per share (non-GAAP)		$	0.87			$	0.75			$	2.96			$	2.43
RECONCILIATION OF GAAP OPERATING CASH FLOW TO NON-GAAP FREE CASH FLOW1
		Three Months Ended								Years Ended
(In thousands)		2010				2009				2010				2009
Cash flows from operating activities		$	121,747			$	108,133			$	456,444			$	347,291
Capital purchases 3			(26,970	)			(41,402	)			(102,311	)			(131,265	)
Capitalized software development costs 3			(19,196	)			(19,049	)			(80,979	)			(77,747	)
Free cash flow (non-GAAP)		$	75,581			$	47,682			$	273,154			$	138,279

CERNER CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
As of January 1, 2011 (unaudited) and January 2, 2010

(In thousands)		2010				2009
Assets
Cash and cash equivalents		$	214,511			$	241,723
Short-term investments			356,501				317,113
Receivables, net			476,905				461,411
Inventory			11,036				11,242
Prepaid expenses and other			83,272				106,791
Deferred income taxes			3,836				8,055
Total current assets			1,146,061				1,146,335
Property and equipment, net			498,829				509,178
Software development costs, net			244,848				233,265
Goodwill			161,374				151,479
Intangible assets, net			38,468				33,719
Long-term investments			264,467				—
Other assets			68,743				74,591
Total assets		$	2,422,790			$	2,148,567
Liabilities and Stockholders’ Equity
Accounts payable		$	65,035			$	36,893
Current installments of long-term debt			24,837				25,014
Deferred revenue			109,351				137,095
Accrued payroll and tax withholdings			86,921				80,093
Other accrued expenses			19,788				79,008
Total current liabilities			305,932				358,103
Long-term debt			67,923				95,506
Deferred income taxes and other liabilities			126,215				98,372
Deferred revenue			17,303				15,788
Total liabilities			517,373				567,769
Stockholders’ Equity
Common stock			840				826
Additional paid-in capital			645,815				557,545
Retained earnings			1,290,835				1,053,563
Treasury stock			(28,002	)			(28,002	)
Accumulated other comprehensive loss, net			(4,191	)			(3,254	)
Total Cerner Corporation stockholders’ equity			1,905,297				1,580,678
Noncontrolling interest			120				120
Total stockholders’ equity			1,905,417				1,580,798
Total liabilities and stockholders’ equity		$	2,422,790			$	2,148,567