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QHR Engages Global Maxfin To Raise $1,050,000

Friday, August 31, 2007

(QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, is pleased to announce that 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.

View full News Release here.

© 2007, QHR Technologies Inc.

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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.

View full News Release here

© 2007, QHR Technologies Inc.

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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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