QHR ANNOUNCES THIRD QUARTER RESULTS

Kelowna, BC, November 28, 2008 – QHR Technologies Inc. (“QHR” or the “Company”) (TSX- Venture: QHR) announced today the release of its interim financial statements for the three months ended September 30, 2008. In announcing the results CEO Al Hildebrandt said, “Q3 saw delays in signing contracts that resulted in our first quarterly loss in nine quarters. However, as previously announced on October 2, 2008, we recently signed two contracts for $1,200,000 and the majority of the revenue from these contracts is expected to be recognized in the current fiscal year.”

HIGHLIGHTS

• Revenue for the third quarter ended September 30, 2008 was $1,293,256 compared to $1,509,816 for the corresponding quarter last year, a decrease of 14%.
• Year-to-date revenue was $4,480,366 compared to $4,121,580 last year, an increase of 9%.
• Year-to-date recurring revenue was 66% of total revenue compared to 52% last year.
• EMR division revenue for the quarter increased 25% to $544,898 compared to $434,901 in 2007.
• Net loss for the quarter was $215,043 compared to net earnings of $60,888 last year.
• Year-to-date losses were $77,023 compared to earnings of $99,684 last year.
• Cash on hand at September 30, 2008 was $1,059,864 compared to $493,405 at December 31,2007.
• Working capital before deferred revenue at September 30, 2008 was $1,394,832 compared to $1,073,336 at December 31, 2007.

OPERATING RESULTS

Revenue HR division EMR division Total revenue
Recurring revenue HR division EMR division Total recurring revenue % of total revenue
2008 2007 3 months 3 months $748,358 $1,074,915
544,898 434,901 $1,293,256 $1,509,816
2008 2007 3 months 3 months $529,435 $491,713
508,688 341,893 $1,038,123 $833,606
80% 55%
% increase (decrease) (30%) 25% (14%)
% increase 8% 49% 25%
2008 9 months $2,917,123 1,563,243 $4,480,366
2008 9 months $1,559,164 1,407,348 $2,966,512
66%
2007 9 months $3,237,522 884,058 $4,121,580
2007 9 months $1,448,232 698,601 $2,146,833
52%
% increase (decrease) (10%) 77% 9%
% increase 8% 101% 38%

Revenue of the HR division was $748,358 for the quarter, a decrease of 30% over the same quarter last year. The contract cycle for the HR division is lengthy because of the nature of its clients that, typically, are government funded organizations. It can take more than a year from first contact to the signing of a contract. The current quarter saw delays in signing new contracts accounting for
the reduced revenue compared to last year. However, new contracts were signed early in the fourth quarter as noted above.

Revenue of the EMR division increased by 25% and was $544,898 for the quarter compared to $434,901 in 2007. The acquisition of National Medical Solutions Inc. (“National”) in the third quarter of 2007 accounted for approximately 65% of the increase with the balance coming from organic growth.

Net loss for the Company for the third quarter was $215,043 compared to net earnings of $60,888 last year. The EMR division recorded net earnings before corporate expenses of $24,432 for the third quarter compared to a net loss of $97,142 last year. For the year-to-date, net loss of the Company was $77,023 compared to net earnings of $99,684 last year, with the EMR division contributing $125,640 before corporate expenses, compared to a loss of $328,010 last year reflecting the beneficial impact of the National acquisition. Corporate expenses are the costs of the parent company that includes the costs of running a public company as well as senior management salaries.
QHR provides integrated human resource management, payroll and staff scheduling (“HR”) software systems for the healthcare and social services sector, and electronic medical records (“EMR”) applications for physicians’ medical offices. 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 and CEO

Legal Notice Regarding Forward Looking Statements

This news release may contain “forward looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements included in this news release include that the majority of the revenue of $1.2 million from new contracts is expected to be recognized in the current fiscal year. Results from operations in any given period are not necessarily indicative of results to be expected in future periods. QHR is a technology business development enterprise where investment; various trends and factors in the marketplace; and product enhancements must be carefully managed to achieve long-term revenue growth and profitability. 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 statements. Factors which may delay or prevent these forward looking statements from coming to fruition include our possible inability to complete our contracted services, possible disputes with customers, customer implementation delays or payment delays .In addition, competitors may provide better products or services and our market may decline. The Company’ s policy is not to update Forward Looking Statements.

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.