KELOWNA, BC, April 5, 2011 – (TSX-V: QHR) QHR Technologies Inc. (“QHR” or the “Company”) a leader in the Canadian Healthcare Information Technology sector has been recognized by the 2011 Edition of the Branham300. Entering its 18th year, the Branham300 highlights the top Canadian and Multinational ICT companies operating in Canada and is widely considered to be a leading source of intelligence on Canada’s ICT industry.
QHR’s key highlights from the 2011 Edition of the Branham300:
- Top 250 Canadian ICT Companies – 143 (jumping 40 spots from 183)
- Top 5 Pure-play Healthcare IT Companies – 4th
- Top 20 Movers and Shakers – 12th
“2010 was a breakout year for QHR Technologies and to be listed again in the Top 5 Pure-play healthcare Companies really validates our place in the market”, said Al Hildebrandt, President and CEO of QHR, adding “we are very proud to be recognized on this prestigious list, nestled among the best of the best in Canadian information technology.”
“The past two plus years have been very challenging for all industries, including Canada’s innovative ICT Industry”, said Wayne Gudbranson, President and CEO of Branham Group. “Despite the market conditions that were present, QHR Technologies has continued to thrive, enhancing its presence in Canada’s increasingly important Healthcare ICT market. Branham looks forward to tracking QHR Technologies’ continued success for years to come.”
The Branham300 ranks Canada’s Top 300 Information and Communication Technology companies, the 2011 Edition of the Branham300 is published in the April Edition of Backbone Magazine. The results can also be found at www.branham300.com.
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Branham Group Inc. is a leading industry analyst and strategic consulting firm servicing the global Information and Communications Technology (ICT) marketplace. Branham Group assists ICT companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health and Green IT). Branham also produces an annual listing of the top Information and Communications Technology (ICT) companies in Canada (www.branham300.com), tracks the Canadian Outsourcing industry (www.branhamoutsourcing.com) and monitors over 450 Digital Health vendors (www.branhamgroup.com/digitalhealth).
For more information regarding Branham Group, please visit www.branhamgroup.com.
About QHR Technologies Inc.
QHR operates three business units in distinct markets:
The Electronic Medical Records (“EMR”) division offers a suite of medical software modules that provides computer-based medical records for family physicians, medical specialists, and surgeons, as well as administrative modules for billing and patient scheduling, that is a key component of the move throughout Canada to provide electronic healthcare records for all Canadians. The EMR division also provides on-site and off-site (ASP) hosting capabilities.
The Enterprise Management Software (“EMS”) division specializes in workforce management software, which consists of integrated payroll, staff scheduling and human resource software, and in customized financial management software built on the Microsoft Dynamics GP platform. These products are targeted at complex healthcare, social services and public safety environments.
The Hosting division specializes in EMR ASP Hosting solutions both on-site and off-site, which consist of 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 as required by some provincial governments.
For more information on QHR Technologies Inc. please visit www.QHRtechnologies.com
Legal Notice Regarding Forward Looking Statements
This news release may contain “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. 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.
For further information, please contact:
President & CEO
QHR Technologies Inc.
Investor Relations – Tangent Management