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Quality Systems, Inc. Chairman Earns Excellence in Entrepreneurship Award from Orange County Business Journal

24.03.09 | 10:01 Uhr

Quality Systems, Inc. Chairman Earns Excellence in Entrepreneurship Award from Orange County Business JournalIRVINE, Calif.CA-QUALITY-SYSTEMS

IRVINE, Calif.--(BUSINESS WIRE)--

Quality Systems, Inc. (NASDAQ: QSII) announced today that its Chairman of the Board, Sheldon Razin, earned the 2009 Excellence in Entrepreneurship (EIE) award from the Orange County Business Journal.

The magazine?s Eighth Annual Excellence in Entrepreneurship Awards program celebrated the spirit and accomplishments of Orange County's most dynamic entrepreneurs. There were 99 nominees in the competition with five companies represented by seven entrepreneurs named winners. Judges of the entries were encouraged to identify those candidates with impressive and extraordinary vision, execution, accomplishments and potential for success

?I am honored to be acknowledged by the Orange County Business Journal and the local business community. Quality Systems has been a part of the Orange County business landscape for nearly four decades, and I am gratified by the recognition bestowed personally to me as well as to the company. When I founded the company with an initial $2,000 investment, our focus was on seizing opportunities within the mini-computer revolution. Eventually, we determined that medical technology solutions would be the wave of the future. What we perhaps never envisioned was that Quality Systems would blossom into one of the nation?s largest providers of healthcare IT solutions and one of the best performing stocks on Wall Street. We are gratified by the achievements put forth over the years by our entire team of employees, many of whom have been with the company for decades. We all take great pride and share in this prestigious honor,? Razin explained.

Steven T. Plochocki, president and chief executive officer at Quality Systems, added: ?I have known Shelly for six years, and believe he is extremely deserving of this award. Shelly had a vision about medical software and healthcare IT solutions that he has diligently transformed into a reality ? and a highly successful one at that. Quality Systems has thrived based on Shelly?s leadership and foresight. The company has become a national leader in the healthcare IT space and emerged as one of the top companies within the Orange County business community.?

Orange County Business Journal Associate Publisher and Event Chair Laura Garrett, said: ?This annual program is an important one for us and the community. We realize that entrepreneurs of today are the prosperous businesses of tomorrow. As always, it is difficult to cull the process down to five winners but we encourage our local entrepreneurs and the community to continue to flourish and share their stories. This is what keeps our community growing and producing entrepreneurs that we have come to recognize and respect and who are making a difference in the marketplace.?

About Quality Systems, Inc.

Irvine, Calif.-based Quality Systems, Inc. and its NextGen Healthcare Information Systems subsidiary develop and market computer-based practice management, patient records and revenue cycle management applications as well as connectivity products and services for medical and dental group practices. Visit www.qsii.com and www.nextgen.com for additional information.

SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS

This news release may contain forward-looking statements within the meaning of the federal securities laws. Statements regarding future events, developments, the Company's future performance, as well as management's expectations, beliefs, intentions, plans, estimates or projections relating to the future (including, without limitation, statements concerning revenue and net income), are forward-looking statements within the meaning of these laws and involve a number of risks and uncertainties. Management believes that these forward-looking statements are reasonable and are based on reasonable assumptions and forecasts, however, undue reliance should not be placed on such statements that speak only as of the date hereof. Moreover, these forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: volume and timing of systems sales and installations; length of sales cycles and installation process; the possibility that the products will not achieve market acceptance; seasonal patterns of sales and customer buying behavior; the development by competitors of new or superior technologies; the timing, cost and success or failure of new product and service introductions, development and product upgrade releases; undetected errors or bugs in software; product liability; changing economic, political or regulatory influences in the health-care industry; changes in product-pricing policies; availability of third-party products and components; competitive pressures including product offerings, pricing and promotional activities; the Company's ability or inability to attract and retain qualified personnel; possible regulation of the Company's software by the U.S. Food and Drug Administration; uncertainties concerning threatened, pending and new litigation against the Company including related professional services fees; uncertainties concerning the amount and timing of professional fees incurred by the Company generally; changes of accounting estimates and assumptions used to prepare the prior periods' financial statements; general economic conditions; and the risk factors detailed from time to time in Quality Systems' periodic reports and registration statements filed with the Securities and Exchange Commission. A significant portion of the Company's quarterly sales of software product licenses and computer hardware is concluded in the last month of the fiscal quarter, generally with a concentration of such revenues earned in the final ten business days of that month. Due to these and other factors, the Company's revenues and operating results are very difficult to forecast. A major portion of the Company's costs and expenses, such as personnel and facilities, are of a fixed nature and, accordingly, a shortfall or decline in quarterly and/or annual revenues typically results in lower profitability or losses. As a result, comparison of the Company's period-to-period financial performance is not necessarily meaningful and should not be relied upon as an indicator of future performance. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.

Url zum Artikel:
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Quality Systems, Inc. Chairman Earns Excellence in Entrepreneurship Award from Orange County Business Journal

Quality Systems, Inc. Chairman Earns Excellence in Entrepreneurship Award from Orange County Business JournalIRVINE, Calif.CA-QUALITY-SYSTEMS

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Quality Systems, Inc. Chairman Earns Excellence in Entrepreneurship Award from Orange County Business Journal
Quality Systems, Inc. Chairman Earns Excellence in Entrepreneurship Award from Orange County Business JournalIRVINE, Calif.CA-QUALITY-SYSTEMS

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