KELOWNA, BC, Nov. 2, 2011 /CNW/ - (TSX-V: QHR) QHR Technologies Inc. ("QHR" or the "Company") a leader in the Canadian
Healthcare Information Technology sector, reports that its Enterprise
Management Software ("EMS") division QHR Software Inc., has recently
signed new services contracts valued at over $1,700,000 with new and
These implementation service contracts are for clients installing
Quadrant Workforce and Financial solutions. The EMS division's
specialized installation and training services are utilized when
clients expand their licensed user base, or additional healthcare sites
The majority of the $1,700,000 in services contracts is expected to be
delivered during Q4, 2011 & Q1, 2012.
About QHR Technologies Inc.
QHR Technologies is a leading provider of information technology
solutions that serves the Canadian healthcare market and public safety
sector through three divisions:
The Enterprise Management Software ("EMS") division provides complex
healthcare and social services environments with workforce management
solutions including integrated payroll, staff scheduling and human
resource applications as well as customized financial management
software built on the Microsoft Dynamics GP platform.
The Electronic Medical Records ("EMR") division develops software
modules for over 9,000 Canadian family physicians, medical specialists,
and surgeons that enable these practitioners to participate in the
Canada-wide move to implement electronic medical records management
along with computer-based billing and patient scheduling.
The Hosting division specializes in providing EMR ASP hosting solutions,
both on-site and off-site, including custom application hosted
solutions, exchange email hosting, office software packages, mobile
messaging services, server archiving and many other custom solutions
and services. These solutions are targeted at EMR clients looking for
an enhanced ASP option required by some provincial governments.
Legal Notice Regarding Forward Looking Statements
This news release contains "forward looking statements" within the
meaning of applicable Canadian securities legislation. These statements
are subject to risks that may cause the actual results to be materially
different in future periods from those expressed or implied by such
forward looking statement. Forward looking statements in this press
release include that "the majority of the $1,700,000 in services
contracts is expected to be delivered during Q4, 2011 & Q1 2012". Risks that may prevent or delay the forward looking statements from
coming to fruition include that we may not offer products that are
acceptable to industry regulators or customers; competitors may offer
better or cheaper products; we may not be able to raise sufficient
capital to improve products to remain competitive; changing regulatory
requirements may prevent our products from being sold as expected; we
may not be able to attract or retain key personnel; our technology may
become obsolete; orders could be cancelled or delayed and market
factors may increase our costs more than expected. QHR is a technology
business development enterprise where investment and product
enhancements must be carefully managed to achieve long-term revenue
growth and profitability. It is our policy not to update forward
looking statements except to the extent required under applicable
securities laws. Further information on the Company is available at www.sedar.com or at the Company's website, www.QHRtechnologies.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE QHR Technologies Inc.
For further information:
Al Hildebrandt, 250-979-1701
President & CEO
John Gillberry, 250-979-1722
EVP & CFO