MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

March 17, 2008 08:30 ET

Centre Jeunesse des Laurentides and Grace Dart Extended Care Facility select MediSolution for integrated Enterprise Resource Planning Solution

MONTREAL, QUEBEC--(Marketwire - March 17, 2008) - MediSolution, (TSX:MSH), a leading healthcare and public sector information technology company, today announced that Centre Jeunesse des Laurentides, a youth centre and Grace Dart, an extended care facility have purchased the Virtuo® Financial Management suite. In both cases the Virtuo Financial Management suite will leverage its strong existing integration with the Virtuo Human Capital Management Suite to create a seamless Enterprise Resource Planning (ERP) solution. The comprehensive solution will be implemented at both sites over the next 3 months.

MediSolution offers a series of evolving solutions to empower customers to optimize operational efficiency, lower costs and improve the delivery of services to their customers and suppliers. The product suite modules can be deployed on a standalone basis or strongly integrated in a comprehensive ERP solution.

The Virtuo Financial Management Suite (FMS) is specifically designed for the healthcare sector and other service organizations wishing to deploy a comprehensive, integrated and decentralized financial and procurement system.

The Virtuo Human Capital Management Suite (HCM) provides Human Resource departments with a wide variety of automated tools allowing HR managers to focus on more strategic issues.

The Virtuo Business Intelligence Suite (BI) turns data into web-based dashboards and scorecards allowing managers to track key performance indicators (KPIs) to quickly identify and analyze trends and implement appropriate action.

The Virtuo HCM Suite, comprised of Human Resource, Payroll, Scheduling and Time and Attendance modules, can be coupled with the Virtuo Business Intelligence solution and the Virtuo FMS suite to create a cost effective, integrated ERP solution.

The Virtuo Financial Management suite will provide the Centre Jeunesse des Laurentides and the Grace Dart Extended Care facility with a comprehensive set of robust tools to simplify, streamline and automate accounting and financial reporting activities across their organizations. The suite's single-database architecture, provides managers with the peace of mind that no matter who is accessing the data, or for what purposes, the same data will be consistently reflected across the entire system and user base.

"We are delighted to have Centre Jeunesse des Laurentides and Grace Dart join our extensive base of Virtuo Financial Management customers," said Paul Lepage, President and Chief Executive Officer at MediSolution. "Our comprehensive modular Virtuo Financial Management, Human Capital Management and Business Intelligence suites are ideal for organizations looking for a cost effective, integrated ERP solution"

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.

For more information, visit www.medisolution.com.

This press release contains "forward-looking statements" regarding the integrated Enterprise Resource Planning Solution and its recent contracts with le Centre jeunesse des Laurentides and Grace Dart Extended Care Facility. 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 and 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 the cancellation of the agreements between le Centre jeunesse des Laurentides and Grace Dart Extended Care Facility and the integrated Enterprise Resource Planning Solution' failure to generate anticipated business efficiencies and value for the client.

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