Healthscreen Solutions Inc.
TSX VENTURE : MDU

Healthscreen Solutions Inc.

April 07, 2011 15:03 ET

Healthscreen Offers New OntarioMD Certified Data Sharing Solution

TORONTO, ONTARIO--(Marketwire - April 7, 2011) - Healthscreen Solutions Inc. ("Healthscreen") (TSX VENTURE:MDU), Canada's premier provider of physician practice enhancement services and electronic medical record ("EMR") software, is pleased to announce that OntarioMD has certified Healthscreen's proprietary and innovative HSPractice 4.0 Data Sharing Solution. Type 1 Data Share configuration is unique to Healthscreen and allows doctors to have a local server for optimal EMR performance, while also being able to share data with colleagues when necessary.

"Healthscreen's Data Sharing Solution will accelerate physician implementation among Family Health Groups, Family Health Teams, Family Health Organizations and other groups that have hesitated implementing an EMR solution due to privacy, flexibility and cost concerns," said Mr. Stewart Davis, Healthscreen's President and CEO. "We are proud of our leadership in offering this ground-breaking solution," added Mr. Davis.

Healthscreen's Type 1 Data Share allows physician groups to implement gradually and avoids the privacy issues that affect overly centralized solutions. "Our clients have told us repeatedly that they want to have control of their data; they do not want it stored in a massive centralized database as the privacy risks are too great. We are excited to provide Ontario physicians with an excellent choice that both meets their stated requirements and is eligible for the Ontario funding program," said Mr. Davis. Healthscreen is seeing a significant increase in sales due to its capacity to offer this solution. Certification from OntarioMD will only improve the outlook.

About Healthscreen Solutions Inc.:

Healthscreen Solutions Inc. (www.healthscreen.com) provides a comprehensive suite of practice enhancing products and services to increase physician productivity and revenue while reducing costs and improving patient care. The Company's portfolio includes billing and scheduling software, electronic medical records software, CallerMD which assists physicians in managing a range of uninsured medical services, PrevCareMD which helps physicians earn supplemental income by achieving government-set preventive care targets and HealthAlert which allows physicians to help their patients in managing complex healthcare issues. Healthscreen's services and software are used by over 5,000 full-time physicians who are responsible for the health care of more than five million Canadians.

© 2011 Healthscreen Solutions Inc. All Rights Reserved.

Disclaimer: Forward Looking Statements

This press release contains information that is forward looking information with respect to Healthscreen within the meaning of Section 138.4(9) of the Ontario Securities Act and other applicable securities laws. In some cases, forward-looking information can be identified by the use of terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or the negative of these terms or other similar expressions concerning matters that are not historical facts. In particular, statements about future revenues or profitability, including the estimated timing of profitability, and any other statements regarding Healthscreen's future expectations, beliefs, goals or prospects are or involve forward-looking information.

Forward-looking information is based on certain factors and assumptions. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward-looking information, by its nature necessarily involves risks and uncertainties, including risks and uncertainties relating to government regulation and funding in the healthcare industry, financial and capital market risks, technology development and adoption, Healthscreen's ability to maintain its competitive position and effectively implement it's acquisition strategy, liability for software malfunction, management of growth, and length of sales cycles. Additional risks and uncertainties affecting Healthscreen can be found in Healthscreen's 2010 Annual Report and Management's Discussion and Analysis for the Fiscal Year ended September 30, 2010 filed on SEDAR at www.sedar.com. If any of these risks or uncertainties were to materialize or if the factors and assumptions underlying the forward- looking information were to prove incorrect, actual results could vary materially from those that are expressed or implied by the forward-looking information contained herein. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof. Trading in the securities of Healthscreen should be considered highly speculative.

The TSX Venture Exchange has in no way approved nor disapproved the contents of this news release.

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