Science & Technology
Science and Technology
Science and Technology
Fri, January 2, 2009
Wed, December 31, 2008
Tue, December 30, 2008
Quality Systems, Inc. to Present at the 11th Annual Needham Growth Stock Conference
IRVINE, Calif.--([ BUSINESS WIRE ])--Quality Systems, Inc. (NASDAQ: QSII) announced today that its management plans to present its corporate story at the 11th Annual Needham Growth Stock Conference.
The conference, which will showcase more than 350 publicly traded and private companies for institutional investors, is scheduled for Tuesday, January 6th, 2009 – Thursday, January 8th, 2009 at The New York Palace Hotel in New York City. Quality Systems' president and chief executive officer, Steven T. Plochocki, is scheduled to present on Tuesday, January 6th, 2009, at 4:30 PM local time. The presentation will address the company's operations, strategy and growth plans. Each participating company is scheduled for a 30-minute presentation, followed by a 30-minute question and answer session.
A web cast of Quality Systems' audio presentation will be available on January 6th, 2009 (beginning at the start time of the presentation) and can be viewed by accessing [ http://www.wsw.com/webcast/needham27/qsii/ ]. It will be archived for 90 days.
Needham & Company, LLC is a nationally recognized investment banking and asset management firm focused primarily on serving emerging growth industries and their investors. Founded in 1985 by George A. Needham, Raymond H. Godfrey and David K. Townes, the firm is headquartered in New York City and has offices in Boston and Menlo Park and San Francisco, Calif. Needham & Company's principal activities are public and private financings; corporate finance advisory services, including mergers, acquisitions and divestitures; equity research; sales and trading primarily for institutional investors; and asset management through public and private funds. Since its founding, the firm has acted as lead or co-manager in more than 490 public offerings, including 185 IPOs, raising in excess of $35.9 billion, and as placement agent on over 75 private offerings.
About Quality Systems, Inc.
Irvine, Calif.-based Quality Systems, Inc. and its NextGen Healthcare Information Systems subsidiary develop and market computer-based practice management, patient records and revenue cycle management applications as well as connectivity products and services for medical and dental group practices. Visit [ www.qsii.com ] and [ www.nextgen.com ] for additional information.
SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future (including, without limitation, statements concerning revenue and net income), are forward-looking statements within the meaning of these laws and involve a number of risks and uncertainties. Management believes that these forward-looking statements are reasonable and are based on reasonable assumptions and forecasts, however, undue reliance should not be placed on such statements that speak only as of the date hereof. Moreover, these forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: volume and timing of systems sales and installations; length of sales cycles and installation process; the possibility that the products will not achieve market acceptance; seasonal patterns of sales and customer buying behavior; the development by competitors of new or superior technologies; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; undetected errors or bugs in software; product liability; changing economic, political or regulatory influences in the health-care industry; changes in product-pricing policies; availability of third-party products and components; competitive pressures including product offerings, pricing and promotional activities; the Company's ability or inability to attract and retain qualified personnel; possible regulation of the Company's software by the U.S. Food and Drug Administration; uncertainties concerning threatened, pending and new litigation against the Company including related professional services fees; uncertainties concerning the amount and timing of professional fees incurred by the Company generally; changes of accounting estimates and assumptions used to prepare the prior periods' financial statements; general economic conditions; and the risk factors detailed from time to time in Quality Systems' periodic reports and registration statements filed with the Securities and Exchange Commission. A significant portion of the Company's quarterly sales of software product licenses and computer hardware is concluded in the last month of the fiscal quarter, generally with a concentration of such revenues earned in the final ten business days of that month. Due to these and other factors, the Company's revenues and operating results are very difficult to forecast. A major portion of the Company's costs and expenses, such as personnel and facilities, are of a fixed nature and, accordingly, a shortfall or decline in quarterly and/or annual revenues typically results in lower profitability or losses. As a result, comparison of the Company's period-to-period financial performance is not necessarily meaningful and should not be relied upon as an indicator of future performance. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
