TSXV: QHR.V0.58  chart+0.00

QHR ENGAGES GLOBAL MAXFIN TO RAISE $1,050,000

November 16, 2007 (QHR – TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, announced that the Company is proceeding with the brokered private placement of 3,500,000 units at $0.30 per unit as announced on August 31, 2007. The Company has engaged Global Maxfin Capital Inc. (“Global”) as its Agent in connection with a brokered private placement of 3,500,000 units of the Company at a price of $0.30 per unit for total gross proceeds of $1,050,000.

Each unit will consist of one common share of the Company and one-half warrant entitling the holder to acquire one additional common share for a period of nine months at the exercise price of $0.40 per share.

The Company will pay Global on closing a cash commission of 6.5% of the gross proceeds of the offering. In addition, the Company will issue to Global warrants equal to 8% of the number of units sold having the same terms as the warrants included in the units.
Closing of the offering is subject to certain conditions including receipt of normal regulatory approvals. Upon closing the Company agrees to pay legal and administration expenses which will be deducted at the closing.

The proceeds of the financing will be used for general working capital purposes, the commercialization of new software products and the development of our EMR business initiatives.

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

On behalf of the Board of Directors

Al Hildebrandt
President & Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Further risk information on the Company is available at www.sedar.com.

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