QHR Technologies Inc.
TSX VENTURE : QHR

QHR Technologies Inc.

January 30, 2007 08:00 ET

QHR Announces Support-Revenue in Excess of $2,050,000 for 2007

KELOWNA, BRITISH COLUMBIA--(CCNMatthews - Jan. 30, 2007) - QHR Technologies Inc. (TSX VENTURE:QHR) -

Mr. Al Hildebrandt, President and CEO of the Company, is pleased to report that the Company's wholly owned subsidiary, QHR Software Inc. has increased its recurring support revenue in 2007 to approximately $2,050,000.

Support services revenue for 2007 is up approximately 17% from 2006 and represents the fifth consecutive year with growth in this important revenue area. The growth of annually recurring support service revenue is being fuelled by the addition of new clients and the adoption of additional HR functionality by existing clients. The progress of the financial contribution of support agreements to the ongoing financial health of QHR can be demonstrated as follows:



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2007 2006 2005 2004 2003
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Support Revenue $2,050,000 $1,750,000 $1,400,000 $1,000,000 $750,000
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Growth Rate 17% 25% 40% 33% 50%
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Support revenue provides a reliable annual source of capital for the operations of the Company. The combination of recurring revenue from HR software and its Electronic Medical Record software now exceeds $2,750,000 annually.

For a more complete business and financial profile of the Company, management encourages interested parties to visit the Company's website, www.QHRtechnologies.com.

Legal Notice Regarding Forward Looking Statements

This news release contains "forward looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are indicated expectations or intentions. Forward-looking statements included in this news release include that support revenue provides a reliable annual source of capital for the operations of the Company although it is not adequate enough to assure profitability or the potential need to raise additional new equity capital should new sales levels in 2007 not reach budgeted requirements. These statements are subject to risks that may cause the actual results to be materially different from those expressed or implied by such forward looking statements. Further risk information on the Company is available at www.sedar.com.

On behalf of the Board of Directors

Al Hildebrandt, President & Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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