TELUS Health
TSX : T
NYSE : TU

TELUS Health

September 17, 2014 10:30 ET

TELUS Health Announces Agreement to Acquire Pharmacy Management Software Company XD3 Solutions

Acquisition to expand collaboration between healthcare professionals across Canada

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 17, 2014) - TELUS Health announced today it has signed an agreement to acquire XD3 Solutions, a pharmacy management solution provider currently serving 150 pharmacies in Quebec.

"Pharmacists are often the healthcare professionals closest and most available to patients. As a result, they play an integral role in providing quality healthcare to Canadians," said Paul Lepage, President, TELUS Health. "We strongly believe that by expanding our portfolio of pharmacy management software product offerings using the XD3 products and expertise, we will enhance collaboration between pharmacists and other healthcare professionals, physicians and insurers, which in turn will drive a better patient care experience."

TELUS Health is committed to helping pharmacists and healthcare professionals collaborate, thereby transforming the way pharmacists and pharmacy chains contribute to delivering better health outcomes for Canadians. During the past five years, TELUS has invested $20 million in research and development focused on pharmacy management and increased collaboration tools and services to support the transformation of healthcare in Canada.

The transaction is expected to close on October 31, 2014.

About TELUS Health

TELUS Health is a leader in telehomecare, electronic medical and health records, consumer health, benefits management and pharmacy management. TELUS Health solutions give health authorities, providers, physicians, patients and consumers the power to turn information into better health outcomes. For more information about TELUS Health, please visit telushealth.com.

About TELUS

TELUS (TSX:T)(NYSE:TU) is Canada's fastest-growing national telecommunications company, with $11.7 billion of annual revenue and 13.4 million customer connections, including 7.9 million wireless subscribers, 3.2 million wireline network access lines, 1.4 million Internet subscribers and 865,000 TELUS TV customers. TELUS provides a wide range of communications products and services, including wireless, data, Internet protocol (IP), voice, television, entertainment and video, and is Canada's largest healthcare IT provider.

In support of our philosophy to give where we live, TELUS, our team members and retirees have contributed more than $350 million to charitable and not-for-profit organizations and volunteered 5.4 million hours of service to local communities since 2000. TELUS was honoured to be named the most outstanding philanthropic corporation globally for 2010 by the Association of Fundraising Professionals, becoming the first Canadian company to receive this prestigious international recognition.

For more information about TELUS, please visit telus.com.

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