Science & Technology
Science and Technology
Science and Technology 
Tue, July 26, 2011
Mon, July 25, 2011
KELOWNA, BC, July 25, 2011 /CNW/ - (TSX-V: QHR) QHR Technologies Inc. ("QHR" or the "Company"), a leader in the Canadian Healthcare Information Technology sector is pleased to announce Mr. Mark Kohler was elected as a director of the Company, during the Company's annual general meeting on July 18, 2011.
Mr. Kohler, an independent director, has 25 years of experience in leading and advising profitable growth-oriented organizations in the private equity, technology, healthcare and financial services industries in North America. Mr. Kohler is the President and Chief Executive Officer of Exelerate Inc., a Toronto-based governance/risk/compliance (GRC) management consulting, corporate finance and M&A advisory firm founded in 2001, and the former board appointed interim Chief Financial Officer, Chief Risk Officer and Corporate Secretary of one of Canada's Schedule I Banks where he was the primary liaison with the country's prudential regulator OSFI and advisor on other regulatory matters such as the Bank's International Financial Reporting Standards (IFRS) transition.
Mr. Kohler also has been Adjunct Professor at York University since 2007 where he has lectured at the business school and delivered the business case analysis, M&A, and advanced accounting theory topic courses.
Mr. Kohler is a Chartered Accountant and member of the Institute of Chartered Accountants of Ontario, and has been a director of public and private companies in the past.
"We are delighted to welcome Mr. Kohler to the QHR Board and we look forward to his continuing contribution to the Company in his roles as Chair of the Audit Committee, and Member of the Governance Committee of the Board," said Dr. Ernest Wigmore, Chairman of the Board of Directors "Mark Kohler is energetic and passionate about his work with growth-oriented organizations as demonstrated in his contribution to the Company's recent IFRS financial reporting transition project. He adds significant operational and financial expertise to the QHR board, and his extensive relationships with the capital markets community in Canada, and in New York is well aligned with the Company's future growth plans.
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,
Dr. Ernest Wigmore, Chairman
About QHR Technologies Inc.
QHR operates three business units in distinct markets:
The Enterprise Management Software ("EMS") division specializes in workforce management software, which consists of integrated payroll, staff scheduling and human resource software, and in customized financial management software built on the Microsoft Dynamics GP platform. These products are targeted at complex healthcare, social services and public safety markets.
The Electronic Medical Records ("EMR") division offers a suite of medical software modules that provides computer-based medical records for family physicians, medical specialists, and surgeons, as well as administrative modules for billing and patient scheduling, that is a key component of the move throughout Canada to provide electronic healthcare records for all Canadians.
The Hosting division specializes in EMR ASP Hosting solutions both on-site and off-site, which consist of custom application hosted solutions, exchange email hosting, office software packages, mobile messaging services, server archiving and many other custom solutions and services. These solutions are targeted at EMR clients looking for an enhanced ASP option, required by some provincial governments.
Legal Notice Regarding Forward Looking Statements
This news release does not contain any "forward looking statements" within the meaning of applicable Canadian securities legislation. QHR is a technology business development enterprise where investment and product enhancements must be carefully managed to achieve long-term revenue growth and profitability. It is our policy not to update forward looking statements. Further information on the Company is available at [ www.sedar.com ].
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.