Nightingale grants options to directors and officers

    MARKHAM, ON, Jan. 4 /CNW/ - On December 3, 2007, Nightingale Informatix
Corporation ("Nightingale" or the "Company"), one of North America's fastest
growing healthcare software and services providers, granted 425,000 options to
directors and officers of the Company pursuant to the Company's employee stock
option plan (the "Plan"). Each option under the Plan is exercisable to acquire
one common share at a price of $0.45 per option. The options granted have been
approved by the Board of Directors and are subject to expire on December 2,
2012. The Plan has been approved by the Company's shareholders.
    The following table summarizes all option grants that have been
previously been issued to directors and officers of the Company since it
became a publicly traded issuer:

         Date      Options    Exercise       Expiry
      Granted       Issued       Price         Date
     1-Jun-07    1,409,349        0.45    31-May-12
     9-Feb-07       70,000        0.75     8-Feb-12
    24-Nov-06       75,000        1.25    23-Nov-11
     5-Sep-06      375,000        1.25     4-Sep-11
    20-Jun-06       75,000        1.50    19-Jun-11
    10-Jan-06      830,000        1.50     9-Jan-11
     1-Dec-05       35,000        1.25    30-Nov-10
     1-Sep-05      465,000        1.00     1-Sep-10

    About Nightingale

    Nightingale is one of the fastest growing health care service and
software companies in North America with over 4.7 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.

    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

    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: Michael Ford, CFO, Nightingale Informatix
Corporation, Tel: (905) 307-7870,; Dave Mason, Investor
Relations, The Equicom Group, Tel: (416) 815-0700 x237, Email:

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