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Accuro EMR Connects To Alberta Health Record
Tuesday, July 31, 2007
July 31, 2007 (QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, is pleased to announce that its wholly owned subsidiary Optimed Software Corporation ("Optimed") has received confirmation from Alberta Health that its AccuroTM EMR software received level one and level two recertification under Alberta's Physician Office System Program ("POSP") under the Vendor Conformance Usability Requirements ("VCUR") for interoperability.
Compliance with these new standards maintains Optimed on the approved Alberta VCUR vendor list. Physicians in Alberta qualify for POSP financing for office system software only when adopting and utilizing products on the POSP approved vendor list.
To reach this new level of VCUR standards Optimed had to successfully complete a live clinic implementation of the Alberta's Electronic Health Record interface with Accuro EMR. This interface allows Accuro EMR to download a patient's medications and allergies information directly from the government health records server with one click accessing medication dispensing dates and locations of pharmacies. In addition to download information the creation of new prescriptions provides clinicians with drug-to-drug interaction checks, dosage warnings and drug to allergy checks. The benefits of this new level of functionality include administration time savings and patient safety benefits.
Optimed has built its Accuro™ EMR product solutions to meet the specific needs of individual doctors in Canada and their business practices. Doctors take advantage of the quick implementation, easy to use and comprehensive flexibility of Accuro™ EMR technology with the ability to configure their own personal preferences to streamline their workflow. Optimed now services over 1,000 doctors with technology management.
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 Accuro EMR has been built to meet the specific needs of individual doctors and that financial assistance from the Alberta government may improve the adoption rates of Accuro EMR by physicians. 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. 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
Investor Relations - Tangent Mgmt. 1-866-345-0115
info@tangentmanagementcorp.com
Click here to download a PDF
© 2007, QHR Technologies Inc.
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Mr. Douglas H. Blakeway to Join the QHR Board of Directors
Monday, July 16, 2007
July 16, 2007 (QHR - TSX Venture Exchange) The Hon. Jake Epp, Chairman of the Board of Directors of QHR Technologies ("QHR"), is very pleased to announce that Mr. Douglas H. Blakeway has consented to act as a director of QHR as at the Company's Annual General Meeting on August 10, 2007.
Mr. Blakeway is a seasoned and highly regarded business professional with 40 years of executive management experience in technology business development. He currently serves as the Chairman and CEO of Wireless2 Technologies Inc., a publicly traded international wireless RFID eEnterprise that he founded in 1985. As an entrepreneur and investor, over the past 40 years, he has founded and operated a number of successful endeavours from service-oriented companies to high technology electronic manufacturing.
Mr. Blakeway has extensive connections in the security and policing sectors and has security clearances from Canadian and U.S. Government law enforcement agencies. Mr. Blakeway is a proven inventor with a variety of diverse patents for such things as a rotary engine; a portable diamond drill feed, a fluid management system and an infrared night viewing system. As a helicopter pilot, his vision and tenacity resulted in the founding of WM Aviation Inc. - the parent company of Helijet Airways, the first regional helicopter service in B.C.
Since 1982, Mr. Blakeway has been a director of a number of public companies on the TSX & Venture Exchange. He is currently a member of the board of directors of G4S Justice Services (Canada) Inc, Cantest Ltd, Legend Power Systems Inc, Tactical Technologies Inc, Wireless Industry Partnership Connector Inc, and Texas Gas & Oil Inc. Mr. Blakeway serves on audit, compensation and corporate governance committees and with his knowledge of the policies and procedures for listing Capital Pool Companies (CPC's) has facilitated the successful qualification of a CPC to a Tier 2 issuer on the TSX Venture Exchange.
Mr. Blakeway is a member of Simon Fraser University Surrey - Business Advisory Council, BC Securities Policy Advisory Committee (SPAC), Canadian Listed Company Association, Wireless Innovation Network of BC and TEC (The Executive Committee), an international organization for CEOs.
Mr. Blakeway's reputation, experience, network and involvement will further strengthen the management foundation of the Company to deal the business challenges ahead. QHR will gain additional business expertise focused on the advancement and profitability of our unique human resource and electronic medical record brands with the goal of enhancing the performance of our business model.
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
Hon. Jake Epp
Chairman of the Board
Legal Notice Regarding Forward Looking Statements
This news release contains "forward looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements include that Mr. Blakeway will join our board as of August 10, 2007. There can be no assurance that Mr. Blakeway will join our board, and if he does, that his involvement will actually affect the results of business operations or the future value of the Company. Investors are cautioned against placing undue reliance on forward-looking statements. Further risk information on the Company is available in the Company's regulatory filings that can be accesses at www.sedar.com. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Al Hildebrandt at (250) 979-1701
ahildebrandt@QHRtechnologies.com
Investor Relations - Tangent Mgmt. 1-866-345-0115
info@tangentmanagementcorp.com
Click here to download a PDF
© 2007, QHR Technologies Inc.
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QHR to Acquire 100% of National Medical Services
Monday, July 9, 2007
July 9, 2007 (QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, is pleased to report that the Company has entered into a Letter of Intent ("LOI") with the shareholders of National Medical Software ("National") to purchase 100% of the outstanding common stock of National.
In consideration for the purchase QHR proposes to issue 2,000,000 common shares of QHR. The transaction is subject to a complete due diligence review including legal opinions, formal share purchase agreements, financial review, valuation and the approval of the Shareholders of National, the Board of Directors of QHR and the TSX Venture Exchange. There are also other conditions to closing the transaction.
QHR is an emerging player in western Canada in the development of Electronic Medical Records ("EMR") software and services. National has a substantial foothold in the Alberta EMR market, servicing approximately 500 doctors in the province. Further, National's EMR and ASP hosting experience are areas that the Company would like to seamlessly integrate into its operations.
The backbone of the Company's business model is recurring revenue from clients that provides a reliable cash flow for the Company operations. The combination of annual recurring revenue from HR software and Electronic Medical Records software now exceeds $2,850,000 annually. The National transaction if completed will add approximately $600,000 to this figure. This is a strong financial foundation from which to build a growing and prospering organization.
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 include that Mr. Blakeway will join our board as of August 10, 2007. There can be no assurance that Mr. Blakeway will join our board, and if he does, that his involvement will actually affect the results of business operations or the future value of the Company. Investors are cautioned against placing undue reliance on forward-looking statements. Further risk information on the Company is available in the Company's regulatory filings that can be accesses at www.sedar.com. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Al Hildebrandt at (250) 979-1701
ahildebrandt@QHRtechnologies.com
Investor Relations - Tangent Mgmt. 1-866-345-0115
info@tangentmanagementcorp.com
Click here to download a PDF
© 2007, QHR Technologies Inc.
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