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QHR Acquires 100% Of National Medical Solutions Inc.

Thursday, August 16, 2007

Mr. Al Hildebrandt, President and CEO of the Company, is pleased to report that the Company has completed the purchase of 100% of the outstanding common stock of National Medical Solutions Inc. ("NMS") as previously reported on July 9, 2007.

Consideration for the purchase is 2,000,000 common shares of QHR and on August 14, 2007 the TSX Venture Exchange accepted the transaction on an expedited basis.

QHR is an innovative software business developer in western Canada. The addition of NMS as a wholly owned subsidiary will add approximately 500 doctors in Alberta to the clientele of the Company. Further, the Company gains experienced executive management and ASP data management capability.

The focus of the Company's business model is to secure annually recurring revenue from clients that provide a reliable source of cash flow each year for the operations of the Company. The combination of annual recurring revenue from HR software and Electronic Medical Records software now exceeds $3,500,000 annually – approximately 60% of annual forecasted expenditures.

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

Legal Notice Regarding Forward Looking Statements

This news release contains "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 Company will continue to receive approximately $3,500,000 of annual recurring cash flow. These statements are subject to risks that may cause the actual results to be materially different from those expressed or implied by such forward looking statements. These risks include that current clients do not continue receiving services from us. In addition the recurring revenue may not be adequate enough to eliminate the potential need to raise additional new equity capital should business levels in 2007 not actually reach projected requirements. 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.

For further information, please contact:

Al Hildebrandt at (250) 979-1701
ahildebrandt@QHRtechnologies.com

Click here to download a PDF

© 2007, QHR Technologies Inc.

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