Healthscreen Solutions Inc.
TSX VENTURE : MDU

Healthscreen Solutions Inc.

November 08, 2005 06:00 ET

Healthscreen Recognized in Deloitte Technology Fast 500; Five Year Revenue Growth of 426% Achieved

ST. CATHARINES, ONTARIO--(CCNMatthews - Nov. 8, 2005) - Healthscreen Solutions Inc. (TSX VENTURE:MDU), a premier supplier of Electronic Health Records (EHR), announced today that it has placed #326 in the prestigious 2005 Deloitte Technology Fast 500.

The Technology Fast 500 is a ranking of the 500 fastest growing technology companies in North America based on percentage revenue growth over five years from 2000 - 2004.

"We are thrilled to be recognized by Deloitte & Touche for outstanding growth and technical achievement," stated Bruce Rosenberg, President and CEO. "Our five year revenue increase of 426 percent is attributable to a highly dedicated management team, ongoing software enhancements and superior customer relations. We remain focused on advancing healthcare services through Healthscreen's seamless electronic medical records software while maintaining a commitment to excellence in all aspects of our business."

"Making the Deloitte Technology Fast 500 is commendable in today's highly competitive technology industry," said Tony Kern, deputy national managing principal of Deloitte's Technology, Media & Telecommunications industry practice. "We congratulate Healthscreen Solutions on being one of the 500 fastest growing technology companies in North America."

The Fast 500 list is compiled from Deloitte's 15 regional North American Fast 50 lists, nominations submitted directly to the Fast 500, and public company database research. To qualify for the Fast 500, entrants must have had 2000 operating revenues of at least $50,000 USD or $75,000 CD for the United States and Canada, respectively, and 2004 operating revenues of at least $1 million USD or CD.

Entrants must be headquartered in North America and must be a "technology company", defined as a company that owns proprietary technology that contributes to a significant portion of the company's operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. Canada has 10 percent of the Fast 500 (53 companies) of this year's winners.

Complete details can be found at www.fast500.com.

About Deloitte

Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, its member firms and their respective subsidiaries and affiliates. As a Swiss Verein (association), neither Deloitte Touche Tohmatsu nor any of its member firms has any liability for each other's acts or omissions. Each of the member firms is a separate and independent legal entity operating under the names "Deloitte", "Deloitte & Touche", "Deloitte Touche Tohmatsu" or other related names. Services are provided by the member firms or their subsidiaries or affiliates and not by the Deloitte Touche Tohmatsu Verein.

Deloitte & Touche USA LLP is the US member firm of Deloitte Touche Tohmatsu. In the US, services are provided by the subsidiaries of Deloitte & Touche USA LLP (Deloitte & Touche LLP, Deloitte Consulting LLP, Deloitte Financial Advisory Services LLP, Deloitte Tax LLP and their subsidiaries), and not by Deloitte & Touche USA LLP.

About Healthscreen Solutions Inc.

Healthscreen Solutions (www.healthscreen.com) was among the first Electronic Health Records (EHR) providers to create leading edge software that support digitalization and network connectivity solutions for a growing list of research groups and community physicians. The Company serves thousands of physicians and handles more than $1.5 billion in healthcare transactions a year. Healthscreen also operates 6 full service medical clinics that act as turn-key operations maximizing returns for physicians while enhancing patient care.

Statements in this release that are forward looking involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to be materially different from any future performance that may be suggested in this release. The company assumes no obligation to update any forward-looking statements contained in this release.


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

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