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QHR Grants One Million Stock Options


//science-technology.news-articles.net/content/2 .. /09/30/qhr-grants-one-million-stock-options.html
Published in Science and Technology on Friday, September 30th 2011 at 15:01 GMT by Market Wire   Print publication without navigation


KELOWNA, BC, Sept. 30, 2011 /CNW/ - QHR Technologies Inc.  ("QHR" or the "Company") (TSXV: QHR) announced today that it has granted an aggregate of 1,000,000 stock options to various directors, employees and consultants of the Company. Each option is exercisable at $0.62 per common share and is exercisable at any time until September 30, 2016. The options generally vest over a two year period in equal installments each quarter.

QHR provides integrated human resource management, payroll and staff scheduling ("HR") and financial software systems for the healthcare and public safety sector, and electronic medical records ("EMR") applications for physicians' medical offices.

On behalf of the Board of Directors

Al Hildebrandt, President and CEO

For a more complete business and financial profile of the Company management encourages interested parties to visit the Company's website, [ www.QHRtechnologies.com ] and further information on the Company is available at [ www.sedar.com ].

Neither the 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.


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