Home » News Releases

QHR Technologies RSS Feed

News Releases

QHR Third Quarter Profitable Results

Tuesday, November 27, 2007

(QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, announces that the Company has released its interim financial statements for the nine months ended September 30, 2007. The Company reports that revenues reached $4,121,580 for the nine months ended September 30, 2007 with earnings of $99,684 compared to revenues of $3,380,536 and a loss of $537,080 for the same period in 2006.

This is the fifth consecutive quarter that earnings have been achieved and is the result of the Company's longterm plan of developing annual recurring revenue from new and existing clientele through acquisitions and sales initiatives.

View full News Release here

© 2007, QHR Technologies Inc.

----------------------------------------------------------------------------------------------------

QHR Completes Private Placement of $1,050,000

Monday, November 26, 2007

(QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, announced that the Company has completed the brokered private placement of 3,500,000 units at $0.30 per unit as previously announced on August 31, 2007 and November 16, 2007. The Company 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.

----------------------------------------------------------------------------------------------------

QHR Engages Global MaxFin for Private Placement

Friday, November 16, 2007

(QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, announced that the Company is proceeding with the brokered private placement of 3,500,000 units at $0.30 per unit as announced on August 31, 2007. 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.

The Company will pay Global on closing a cash commission of 6.5% of the gross proceeds of the offering. In addition, the Company will issue to Global warrants equal to 8% of the number of units sold having the same terms as the warrants included in the units.

View full News Release here

© 2007, QHR Technologies Inc.

----------------------------------------------------------------------------------------------------

QHR Announces $550,000 Of New Business

Wednesday, November 7, 2007

(QHR - TSX Venture Exchange) Mr. Al Hildebrandt, President and CEO of the Company, is pleased to report that the Company's wholly owned subsidiary, QHR Software Inc. has recently received new contract business from new and existing healthcare clients in excess of $550,000.

These new contracts combined with a backlog of approximately $2,000,000; annual recurring customer revenue from our EMR technologies; and annual services revenue from QHR Software Inc. currently has the Company on target to meet its budget expectations for 2007.

QHR has built good momentum with its technology products and has been running profitably since the third quarter of 2006. Over the last four quarters, the Company has recorded earnings of $282,297 or $0.015 per share.

View full News Release here

© 2007, QHR Technologies Inc.

----------------------------------------------------------------------------------------------------