Nightingale Ranks First on the Deloitte Technology Fast 50 List of Fastest-growing Technology Companies for 2008



    MARKHAM, ON, Sept. 25 /CNW/ - Nightingale Informatix Corporation
("Nightingale" or the "Company") (TSX-V: NGH), an application service provider
(ASP) of electronic medical record (EMR) software and related services, today
announced that it is ranked first among the Deloitte Technology Fast 50, a
ranking of the 50 fastest-growing technology companies in Canada, based on the
percentage of revenue growth over five-years.
    "We are thrilled to be named the top technology growth company in Canada
through Deloitte's well-known technology award program," said Sam Chebib,
President and CEO of Nightingale. "The combination of our technology
leadership, broad suite of healthcare IT services and determined team has been
integral to our success over the past five years. Adoption of EMR and other
healthcare technologies is being driven by public and private forces. We are
confident we will continue to convert market opportunities across North
America into sales to further grow our top line."
    "Canadian technology companies have some of the highest revenue growth in
North America, while playing in some of the world's largest, most competitive
and exciting market sectors," said John Ruffolo, National Leader, Technology,
Media & Telecommunications Industry Group, Deloitte. "Nightingale is an
example of the incredible business acumen and entrepreneurial spirit that fuel
the Canadian technology industry."
    To qualify for the Deloitte Technology Fast 50 ranking, companies must
have been in business for at least five years, have revenues of at least
$5 million, be headquartered in Canada, own proprietary technology, and
conduct research and development activities in Canada. A panel of industry
experts evaluates and judges companies based on four key criteria: competitive
advantage; size, growth, and market attractiveness; management effectiveness
and organization; and financial performance.

    About the Deloitte Technology Fast 50

    The Deloitte Technology Fast 50 program is Canada's pre-eminent
technology awards program. Celebrating business growth, innovation and
entrepreneurship, the program features four distinct categories including the
Technology Fast 50 Ranking, Companies-to- Watch Awards (early-stage Canadian
tech companies in business less than five years, with the potential to be a
future Deloitte Technology Fast 50 candidate), Leadership Awards (companies
that demonstrate technological leadership in four industry subcategories:
hardware/semiconductor, software, telecommunications and emerging
technologies) and the Deloitte Technology Green 15 Awards (Canada's leading
GreenTech companies that promote a more efficient use and re-use of the
earth's resources in industrial production and consumption). Program sponsors
include Deloitte, Gowlings, GrowthWorks, RBC Capital Markets, Wellington
Financial, Stonewood Group, CATAAlliance and IGLOO. For further information,
visit www.fast50.ca.

    About Nightingale

    Nightingale is one of the fastest growing healthcare service and software
companies in North America with over 5.3 million patient records under
management in a hosted (ASP) environment. It is recognized as an industry
leader in Web-based clinician and community based electronic medical records
(EMR) serving the needs of small primary care practices, multi-physician
outpatient clinics, and large scale regional health organizations and
networks. Coupled with integrated practice management, transcription and
revenue cycle management, Nightingale's comprehensive service offering allows
customers to enhance patient care, increase revenue opportunities and optimize
operations. Nightingale is continuously innovating and enhancing its services
to meet the needs of its growing and diverse customer base. Nightingale -
Healthcare connected. www.nightingale.md

    Forward-Looking Statement

    This press release contains "forward-looking statements" within the
meaning of applicable Canadian securities legislation. Generally,
forward-looking statements can be identified by the use of forward-looking
terminology such as "plans", "expects" or "does not expect", "is expected",
"budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words and phrases
or state that certain actions, events or results "may" ,"could", "would",
"might" or "will be taken", "occur" or "be achieved". Forward-looking
statements are subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of Nightingale to be materially different from those expressed or
implied by such forward-looking statements, including but not limited to the
speculative nature of the medical software industry, which is affected by
numerous factors beyond Nightingale's control; the existence of present and
possible future government regulation; the significant and increasing
competition that exists in the medical software industry; the early stage of
Nightingale's business; and therefore it is subject to the risks associated
with early stage companies, including uncertainty of revenues, markets and
profitability and the need to raise additional funding.
    Although Nightingale has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not
to be as anticipated, estimated or intended. There can be no assurance that
such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. Nightingale does not undertake to update any forward-looking
statements that are incorporated by reference herein, except in accordance
with applicable securities laws. Further information on Nightingale Informatix
Corporation is available at www.sedar.com

    
    The TSX Venture Exchange Inc. has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.
    





For further information:

For further information: Media: Jason Kinnear, Edelman, (416) 979-1120
ext. 268, jason.kinnear@edelman.com; Investors: Dave Mason, The Equicom Group,
(416) 815-0700 ext. 237, dmason@equicomgroup.com

Organization Profile

Nightingale Informatix Corporation

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890