Nightingale Informatix Corp. Retains Questrade Inc. as Market Maker
30 September 2011 - 1:30PM
PR Newswire (Canada)
MARKHAM, ON, Sept. 30, 2011 /CNW/ - Nightingale Informatix
Corporation ("Nightingale" or the "Company") , an application
service provider (ASP) of electronic medical record (EMR) software
and related services today announced that it has retained
Questrade Inc. ("Questrade") to provide market making
services. The market making service will be undertaken by
Questrade in compliance with the guidelines of the TSX Venture
Exchange. Under the terms of the agreement, Nightingale will pay
Questrade a monthly fee of $6,500.00 for service for a period of up
to twelve (12) months effective immediately. Questrade will not
receive any shares, or options from Nightingale as compensation for
the services it will render. Nightingale and Questrade are
unrelated and unaffiliated entities, but Questrade and/or its
clients have or may have a direct interest in the securities of
Nightingale. The agreement is subject to approval by the TSX
Venture Exchange. About Nightingale Informatix Corp. Nightingale is
one of the fastest growing healthcare 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 Questrade
Questrade Inc., headquartered in Toronto, provides Canadians with
high-speed, direct access trading in the U.S. and Canadian stock
and options markets as well as forex trading. Since its inception
in 1999, the company has grown and diversified, and is currently
ranked as Canada's fastest-growing online brokerage. The company
continues to demonstrate its competitive leadership with a
combination of outstanding service, advanced technology and
competitive pricing structures. www.Questrade.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. Although Nightingale has
attempted to identify important factors that could cause actual
results to differ materially from those contained in
forward-looking statements, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Nightingale
does not undertake to update any forward-looking statements that
are incorporated by reference herein, except in accordance with
applicable securities laws. Further information on Nightingale
Informatix Corporation is available at www.sedar.com. 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. Nightingale Informatix Corporation CONTACT: Investor
Inquiries Kristen Dickson, M.Sc.Equicom, a TMX Group CompanyTel:
416.815.0700 ext. 273kdickson@equicomgroup.com
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