EMERGIS INC.
TSX : EME

December 22, 2006 08:30 ET

Emergis Signs Contract to Deploy its Electronic Health Record System Across the Montreal Region

MONTREAL, QUEBEC--(CCNMatthews - Dec. 22, 2006) - Emergis Inc. (TSX:EME), announced today that its innovative electronic health record (EHR) system, Oacis, has been purchased for deployment across the Montreal region. The first phase in the new wave of deployment involves six hospitals. An EHR system allows health care professionals to rapidly and securely consult a complete record of a patient's health history. Already installed in the eight hospitals or institutes representing the McGill University Health Centre and Centre hospitalier de l'Universite de Montreal, the Oacis EHR system will help improve the quality of patient care in hospitals across the Montreal region. L'Agence de la sante et des services sociaux de Montreal (l'Agence) is administering a single regional contract for the current and subsequent phases of this major, multi-million dollar project.

"Our top priority is the delivery of quality health care to the 1.8 million people in the Montreal region. After an evaluation of available EHR alternatives and its approval by the hospitals involved, Oacis was chosen as the best solution for both clinicians and patients, and for its ability to interoperate with other systems," said David Levine, President and Director-general of l'Agence. "The installation of this system is a key step in the creation of an integrated health network, providing clinicians with real-time access to patient information across the region. It is already providing benefits within the two Montreal university health centres, leading to enhanced quality of care, better clinical outcomes and lower overall cost."

"The Montreal-region contract is a major move forward in the execution of Emergis' EHR strategy," said Francois Cote, President and Chief Executive Officer of Emergis. "It is a strong endorsement of Oacis as the leading Canadian EHR system on the market today. We are very proud to be part of this major undertaking to improve overall patient care in the Montreal region."

The installation of the full suite of Oacis web-based products across the region will begin in the spring of 2007. Under the terms of the contract, Emergis will provide the professional resources required for the implementation of the system based on the needs of l'Agence. Oacis modules to be installed include: a clinical viewer, which enables clinicians to quickly access the patient's on-line record from any secure Internet connection; an order management capability to provide more informed decision-making, reduce medication errors and increase patient safety; and online clinical documentation modules to record clinical observations and create clinical notes, resulting in a significant reduction in handwritten information and the electronic transformation of clinical processes.

The hospitals included in today's announcement include: l'Hopital Maisonneuve-Rosemont, l'Hopital du Sacre-Coeur de Montreal, l'Hopital Sainte-Justine, l'Institut de cardiologie de Montreal, Sir Mortimer B. Davis Jewish General Hospital and St. Mary's Hospital Centre.

The Montreal-region hospitals where Oacis is already installed include those of Centre hospitalier de l'Universite de Montreal (l'Hotel-Dieu, l'Hopital Notre-Dame and l'Hopital Saint-Luc, and those of the McGill University Health Centre (the Montreal Children's Hospital, Montreal General Hospital, Royal Victoria Hospital, Montreal Neurological Hospital and Montreal Chest Institute.

About Oacis

Oacis is an interoperable EHR solution that addresses all aspects of patient record-keeping to support patient management as well as clinical care. An interoperable EHR solution allows clinicians from multiple health delivery institutions to view and update an integrated patient health record, which includes demographic, diagnostic imaging, drug, laboratory, infectious disease, immunization and other relevant health information anywhere, any time. It ensures that caregivers have access to complete, accurate, and up-to-date patient records across geographic regions and within multiple health care organizations, which often have different information systems. The Oacis solution supports health care professionals with collaborative tools which permit better informed decisions, driving improvements in the quality of care and patient outcomes and improved patient safety. Already installed in hospitals in Canada, the United States and Australia, Emergis expects to expand its client base in other geographic areas.

About Emergis

Emergis is an IT leader in Canada that focuses on the health and financial services sectors. It develops and manages solutions that automate transactions and the exchange of information to increase the process efficiency and quality of service of its clients. Emergis has expertise in electronic health-related claims processing, health record systems, pharmacy management solutions, cash management and mortgage document processing and registration. In Canada, Emergis and its subsidiaries deliver solutions to the main insurance companies, top financial institutions, government agencies, hospitals, large corporations, real estate lawyers and notaries and approximately 40% of all pharmacies. The Company's shares (TSX:EME) are included in the S&P/TSX Composite Index.

Certain information in this news release, in various filings with Canadian regulators, in reports to shareholders and in other communications, is forward-looking within the meaning of certain securities laws, and is subject to important risks, uncertainties and assumptions. This forward-looking information includes, among others, information with respect to the Company's objectives and the strategies to achieve those objectives, as well as information with respect to the Company's beliefs, plans, expectations, anticipations, estimates and intentions. The words "may", "could", "should", "would", "suspect", "outlook", "believe", "anticipate", "estimate", "expect", "intend", "plan", "target" and similar words and expressions are used to identify forward-looking information. The forward-looking information in this news release describes the Company's expectations as of December 22, 2006.

The results or events predicted in such forward-looking information may differ materially from actual results or events. Material factors which could cause actual results or events to differ materially from a conclusion, forecast or projection in such forward-looking information include, among others: general economic factors, adverse industry events, the adoption rate of the Company's solutions by customers and by related electronic trading communities, the non-renewal of major contracts which expire in the near term, complexities and the timing of signing government contracts, customers developing internally the capability to perform the services which the Company performs on their behalf, the Company's response to its industry's rapid rate of change, competition, pricing pressures, fluctuations in its operating results, its ability to make and integrate acquisitions, failures or material changes in its strategic relationships, exposure under contract indemnities, defects in software or failures in the processing of transactions, security or privacy breaches, the Company's ability to attract and retain key personnel, its ability to protect its intellectual property, intellectual property infringement claims, and industry and government regulation.

Emergis cautions that the foregoing list of material factors is not exhaustive. When relying on the Company's forward-looking information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. In making the forward-looking information contained in this news release, the Company does not assume any significant acquisitions, dispositions or one-time items. It does assume, however, the renewal of certain customer contracts. Every year, Emergis has major customer contracts that it needs to renew. Some of these may represent slightly more than 10% of its annual revenue. In addition, the Company also assumes the signature of contracts in new markets in the public health sector. In this regard, Emergis is pursuing large opportunities that present a very long and complex sales cycle, which substantially affect the Company's forecasting abilities. The Company has made certain assumptions regarding the timing of the realization of these opportunities which it thinks is reasonable but which may not be achieved. Furthermore, the pursuit of these larger opportunities does not ensure a linear progression of the Company's revenue and earnings, since they may involve significant up-front fees followed by reduced ongoing payments. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to in the previous paragraph will not result in such forward-looking information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. For additional information with respect to certain of these and other factors, refer to the risks and uncertainties section of the MD&A in the Company's 2005 Annual Report and to its 2005 Annual Information Form (risks and uncertainties) filed with Canadian regulators.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF EMERGIS AS OF DECEMBER 22, 2006 AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. HOWEVER, EMERGIS EXPRESSLY DISCLAIMS ANY INTENTION OR OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING INFORMATION, WHETHER AS A RESULT OF NEW INFORMATION, FUTURE EVENTS OR OTHERWISE, EXCEPT AS REQUIRED BY APPLICABLE LAW.

Contact Information

  • Emergis Inc.
    John Gutpell
    450-928-6856