MediSolution Ltd.
TSX : MSH

MediSolution Ltd.

November 14, 2005 09:00 ET

La Region de la Capitale nationale de Quebec Selects MediSolution's Medipharm as Hospital Pharmacy Management Solution

MONTREAL, QUEBEC--(CCNMatthews - Nov. 14, 2005) - MediSolution (TSX:MSH) announced today that it has signed a 5 year agreement with healthcare institutions located in the Region de la Capitale nationale de Quebec for the implementation of MediPharm+®, an integrated pharmacy management suite designed for hospitals. The solution will be implemented in 6 institutions located throughout the Quebec National Capital Region. The $0.5 million contract includes software licensing and implementation revenue.

"Following a quality/price analysis, we found that MediPharm+ was the best solution to help the region achieve their objectives. With its cost-effective, operational efficiency and time-saving features, this solution meets our requirement to share information across multiple healthcare institutions" said Mario Parent, manager information systems for the centre hospitalier affilie universitaire de Quebec and chairman of this selection committee.

MediPharm+ is a proven solution that supports the various environments found within the university center and multiple configurations of pharmacy services located throughout the region. The Quebec National Capital Region will be implementing the integrated perpetual inventory, electronic purchase ordering, integrated prescription management and clinical profile modules.

"We are delighted we have been selected to provide the new pharmacy management solution for the Quebec National Capital Region," said Paul Lepage, executive vice-president and chief operating officer. "Our proven integrated solution makes MediPharm an ideal choice for regions faced with complex environments, a diverse set of needs and locations spread across a large geographic area."

About MediSolution

MediSolution (TSX:MSH) is a leading healthcare and public sector information technology company, providing software, solutions and services to customers across North America. More than 500 healthcare facilities as well close to 200 public sector or government 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 facilities. For more information, visit www.medisolution.com.

Note: This press release contains "forward-looking statements". 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. Reliance should not be placed on forward-looking statements because they involve known an 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 general economic conditions, interest rates, availability of equity and debt financing and other risks detailed from time to time in the company's continuous disclosure documents. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Contact Information

  • MediSolution Ltd.
    Paul Lepage
    Executive Vice-President and Chief Operating Officer
    (514) 850-5040
    info@medisolution.com