Nightingale Ranks 73rd on the PROFIT 200 Ranking of Canada's Fastest-Growing Companies
01 Juni 2011 - 8:46PM
PR Newswire (Canada)
MARKHAM, ON, June 1, 2011 /CNW/ -- MARKHAM, ON, June 1, 2011 /CNW/
- Nightingale Informatix Corporation (TSX-V: NGH) ("Nightingale" or
the "Company"), an application service provider (ASP) of electronic
medical record (EMR) software and related services ranked 73rd
in the 23rd annual PROFIT 200 ranking of Canada's
Fastest-Growing Companies by PROFIT Magazine. "This is an exciting
time for us," says Sam Chebib, President& CEO of
Nightingale. "Being spotlighted once again in the PROFIT 200 as the
73rdth fastest-growing company in Canada is the momentum we
need to continue developing innovative products and services that
exceed the needs and expectations of our clients. The
availability of government funding has contributed to a robust EMR
landscape that is receptive to the value of EMR solutions, and we
are confident that our superior products, services and dedication
to quality puts us top of mind for Canadian physicians." "The
PROFIT 200 companies are the innovative, high-growth enterprises
Canada needs to compete on the global stage," says Ian Portsmouth,
Editor-in-Chief of PROFIT Magazine. "PROFIT is proud to celebrate
their achievements and ambitions, and we encourage all
businesspeople to learn more about the many ways they've come so
far, so fast." Ranking Canada's Fastest-Growing Companies by
five-year revenue growth, the PROFIT 200 profiles the country's
most successful growth companies. Published in the Summer issue of
PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada's
largest annual celebration of entrepreneurial achievement.
Nightingale On Demand is the company's full featured EMR and
practice management system that automates clinical activities such
as documenting patient care, prescription writing, lab orders and
results as well as the scheduling and billing of patient
visits. In addition, Nightingale offers myPatientAccess, a
secure portal that offers patients web-based access to their health
information and health management tools. Physicians can engage with
patients to manage their own healthcare, increase office efficiency
and improve patient management and care. About Nightingale
Informatix Corporation Nightingale is one of the fastest-growing
health care service and software companies in North America. It is
recognized as an industry leader in Web-based (ASP) clinician and
community based electronic medical records (EMR) serving the needs
of small primary care practices, multi-physician outpatient
clinics, and large scale regional health organizations and
networks. Coupled with integrated practice management,
transcription and revenue cycle management, Nightingale's
comprehensive service offering allows customers to enhance patient
care, increase revenue opportunities and optimize operations.
Nightingale is continuously innovating and enhancing its services
to meet the needs of its growing and diverse customer base.
Nightingale - Healthcare connected. www.nightingalemd.com
About PROFIT Magazine PROFIT: Your Guide to Business Success
is Canada's preeminent publication dedicated to the management
issues and opportunities facing small and mid-sized businesses. For
29 years, Canadian entrepreneurs and senior managers across a vast
array of economic sectors have remained loyal to PROFIT because
it's a timely and reliable source of actionable information that
helps them achieve business success and get the recognition they
deserve for generating positive economic and social change. Visit
PROFIT online at PROFITguide.com. Forward Looking Statement This
press release contains "forward-looking statements" respecting the
issuance and cancellation of securities of the Company within the
meaning of applicable Canadian securities legislation. Generally,
forward-looking statements can be identified by the use of forward-
looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may" ,"could", "would", "might"
or "will be taken", "occur" or "be achieved". Forward-looking
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of Nightingale to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to: risks
related to the speculative nature of the medical software industry,
which is affected by numerous factors beyond Nightingale's control;
the ability of Nightingale to successfully integrate its
acquisitions and any liabilities arising as a result of such
acquisitions, access to capital and agreements with its Lenders;
the existence of present and possible future government regulation;
access to debt or equity financing and agreements with its Lenders;
the significant and increasing competition that exists in the
medical software industry; the early stage of Nightingale's
business; and therefore it is subject to the risks associated with
early stage companies, including uncertainty of revenues, markets
and profitability and the need to raise additional funding.
All material assumptions used in making forward-looking statements
are based on management's knowledge of current business conditions
and expectations of future business conditions and trends. Although
management believes the assumptions used to make such statements
are reasonable at this time, our assumptions may not to be as
anticipated, estimated or intended. Certain material factors or
assumptions applied by management in making forward-looking
statements, include without limitation, factors and assumptions
regarding Nightingale's continued ability to fund its business,
rates of customer defaults, relationships with, and payments to,
lenders, demand for Nightingale's products, as well as
Nightingale's operating cost structure. Neither the TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. To
view this news release in HTML formatting, please use the following
URL:
http://www.newswire.ca/en/releases/archive/June2011/01/c9780.html p
bNightingale/b /p table border="0" cellspacing="0" valign="top" tr
valign="top" td align="left" valign="top" bMedia Inquiries/bbr/
Michael McMillanbr/ Veritas Communicationsbr/ T 416.955.4583br/ a
href="mailto:modesto@veritascanada.com"macmillan@veritascanada.com/a
/td td align="left" valign="top" bInvestor Inquiries/bbr/ Kristen
Dickson, M.Sc.br/ Equicom, a TMX Group Companybr/ Tel: 416.815.0700
ext. 273br/ a
href="mailto:kdickson@equicomgroup.com"kdickson@equicomgroup.com/a
/td /tr /table p Louise Legerbr/ Rogers Publishingbr/ (416)
764-4125br/ a
href="mailto:louise.leger@rci.rogers.com"louise.leger@rci.rogers.com/a
/p
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