MONTREAL, QUEBEC--(Marketwire - Feb. 25, 2008) - MediSolution (TSX:MSH) announced today that it has signed a contract with the Region de la Capitale nationale de Quebec for the implementation of MediSolution's Radiology Information System. Specifically designed for hospitals, the integrated radiology management solution will be implemented over the next twelve months in six healthcare institutions located throughout the Region de la Capitale nationale de Quebec. The contract is expected to generate more than $0.75 million in revenue.
The Radiology Information System is a proven solution that supports a variety of healthcare services, including tertiary and highly-specialised services provided by hospital university centers to multi-vocational services provided by the CSSS throughout the area. In addition, the Radiology Information System can be integrated to other applications enabling organizations to optimize workflow and improve data integrity. The adoption of a global based solution ensures interoperability between the various sites located throughout the region.
"We are pleased that the Region de la Capitale nationale de Quebec is joining our growing base of Radiology Information System customers," said Paul Lepage, President and CEO at MediSolution. "The system can be easily adapted to the PACS solution which is currently being deployed within the region, and we will be working closely with all the individual sites to ensure the implementation is a success. The system will allow the Region de la Capitale nationale de Quebec to automate the flow of information, update patient files and ensure proper follow-up of clinical services."
MediSolution's Radiology Information System is an ideal choice for regions faced with complex environments, diverse needs and multiple sites located across a large geographic area.
About MediSolution
MediSolution (TSX:MSH), a Brookfield Asset Management company, is a leading healthcare and public sector information technology company, providing software, solutions and services to customers across North America. More than 500 hospitals and other healthcare facilities and close to 200 public sector and related organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs, and improve the delivery of services. MediSolution has two operating segments. The Resource Management Systems segment is comprised of Financial Management software such as accounts receivable, budgeting and materials management as well as Human Capital Management tools including human resource management, staff scheduling and payroll processing. The Healthcare Information Systems segment is comprised of clinical solutions such as patient tracking, electronic patient health records, pharmacy, radiology and laboratory software for healthcare organizations.
This press release contains "forward-looking statements" regarding MediSolution's Radiology Information System and their contract with the Region de la Capitale nationale de Quebec. The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements because they involve known an unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include failure to secure additional customer interest in the Radiology Information System, the products' failure to generate anticipated business efficiencies and value for the client and the cancellation of the contract with the Region de la Capitale nationale de Quebec.
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