MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

June 03, 2009 08:30 ET

CSSS Cleophas-Claveau Selects MediSolution's Virtuo Human Capital Management Suite

MONTREAL, QUEBEC--(Marketwire - June 3, 2009) - MediSolution Ltd., a Brookfield Asset Management Company, announced today that the Centre de Sante et des Services Sociaux (CSSS) Cleophas-Claveau will deploy MediSolution's Virtuo Human Capital Management (HCM) solution throughout its entire network of facilities. The contract including payroll services as well as the personnel, scheduling, recall list, employee self-service, electronic timesheets and the HCM Business Intelligence modules. The payroll services contract has a five-year term and the entire solution will be implemented over the next nine months.

Formed from the merger of five healthcare organizations CSSS Cleophas-Claveau provides a continuum of health care services to its population under a common administration that is delivered by three different service missions: a hospital centre, a local community service centre and a residential and long-term care centre.

The Virtuo HCM solution will allow the CSSS management team to significantly improve their operational efficiency with, its modern and user-friendly graphical interface, automated timesheet entry and schedule management as well as recall lists to quickly back-fill absences, avoiding personnel shortages and reducing grievance expenses.

Leveraging the Microsoft business intelligence platform and delivered as a turnkey solution, the HCM Business Intelligence solution generates a series of performance indicators, dynamic tables and reports. The solution allows managers to track their performance and drill down and manipulate data to better understand variances and to quickly implement the necessary corrective measures.

"We analyzed the Virtuo Human Capital Management solution and found this suite to be very robust" said M. Antonio Mior, director of Administration services at Cleophas-Claveau. "This solution brings us an enhanced flexibility to meet our specific needs and we really look forward to its deployment throughout our facilities."

The Virtuo HCM suite provides a specialized, secure and proven payroll service that helps customers meet the demanding conditions surrounding payroll management in the healthcare system.

"We are delighted to have the CSSS Cleophas-Claveau and its facilities join our growing base of Human Capital Management customers", said Paul Lepage, President and Chief Executive Officer at MediSolution Ltd. "MediSolution continues to offer its customers scalable solutions that provide an excellent price/performance ratio and unique characteristics and capacities to meet the needs of healthcare clients. These solutions allow our customers to optimize operational efficiencies, lower their costs and improve the delivery of services to their customers and suppliers."

About MediSolution

MediSolution, a Brookfield Asset Management company, is a leading information technology company, providing enterprise resource planning and specialized blood bank software, solutions and services to healthcare and service sector customers across North America. More than 300 healthcare, public and service sector organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs and improve the delivery of services. The company's product portfolio is comprised of Financial Management software such as accounts receivable, budgeting and materials management, Business Intelligence solutions as well as Human Capital Management tools and services including human resources management, staff scheduling and payroll processing. The company also provides speciality hemovigilance solutions that improve patient safety, reduce waste and increase efficiency for blood transfusion services. For more information, please visit www.medisolution.com.

This press release contains "forward-looking statements" regarding MediSolution's Virtuo Human Capital Management solution and the contract with the CSSS Cleophas-Claveau. 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 to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Actual results may differ materially from those expressed in the forward-looking statement as a result of many factors, such as the lack on interest demonstrated by customers for the Virtuo Human Capital Management solution, the possibility that the solution does not provide the business efficiency and the value expected by the customer and the cancellation of the contract with the CSSS Cleophas-Claveau.

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