QHR TECHNOLOGIES ANNOUNCES $750,000 PRIVATE PLACEMENT

July 27, 2005 (QHR-TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, is pleased to announce that the Company has arrange a non-brokered private placement to raise up to $750,000 for its treasury. The private placement will consist of the sale of up to 1,500,000 units, each unit consisting of one common share and one non-transferable share purchase warrant, at a price of $0.50 per unit. One warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.60 each, exercisable for a period of one year from closing of the private placement.

The Company proposes to use the proceeds from the private financing to fund ongoing business development and for general working capital purposes.

Insiders of the Company have agreed to purchase approximately 1,000,000 units of the number of units offered.
A finder’s fee of 10% of proceeds raised from non-insiders will be payable in connection with the private placement. The private placement is subject to regulatory approval.

For a more complete business and financial profile of the Company, management encourages interested parties to visit the Company’s website, www.QHRtechnologies.com

This news release may contain opinions and forward-looking statements that reflect the Company’s current expectations, forecasts and assumptions. These may involve risks and uncertainties that could cause actual future results to be materially different. Investors are cautioned against placing undue reliance on forward-looking statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

On behalf of the Board of Directors
Al Hildebrandt President & Chief Executive Officer