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QHR Announces Fourth Consecutive Profitable Quarter

Friday, August 17, 2007

(QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, announces that the Company has released its interim inancial statements for the six months ended June 30, 2007.

The Company reports that revenues reached $2,611,764 for the six months ended June 30, 2007 with earnings $38,796 compared to revenues of $1,876,557 and a loss of $764,147 for the same period in 2006. This is the fourth consecutive quarter commencing in the third quarter of 2006 that earnings have been achieved. This can be directly attributed to the Company's long-term plan of developing reliable annual recurring revenue from new and existing clientele through acquisitions and sales initiatives.

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© 2007, QHR Technologies Inc.

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