Quality Systems, Inc. (NASDAQ: QSII) announced today that it has won two
gold, five silver and seven bronze Stevie® awards in the 10th
Annual American Business AwardsSM.
The American Business Awards are the nation’s premier business awards
program. All organizations operating in the U.S. are eligible to submit
entries including public and private, for-profit and non-profit, large
and small. More than 3,000 entries from companies of all sizes and in
virtually every industry were submitted for consideration across 100+
categories for this year’s competition.
Quality Systems earned Stevie Awards, the name of the award bestowed in
the ABA, across many categories, ranging from company and management to
marketing and communications. The two gold earned were for Executive of
the Year - Health Products & Services, Steven T. Plochocki, president
and chief executive officer; and, Best Marketing or Sales Brochure or
Kit - Online/Electronic for NextGen’s Enabling the Future of Healthcare
collateral piece.
“We are honored to place in the gold category twice as well as earn
several silver and bronze awards in this prestigious and growing
competition. The fact that Quality Systems and our NextGen subsidiary
were honored in areas spanning many spectrums of business is
demonstrative of the Company’s strengths across the board. We are proud
of our entire dedicated team whose hard work was confirmed when the
Company exhibited one of the more dominant performances at this year’s
awards program. We are pleased with these achievements and value this
significant honor,” explained Steven T. Plochocki, chief executive
officer.
“Quality Systems clearly distinguished itself in this year’s competition
where the Company placed in many levels across various categories.
Obviously, our judges recognized Quality Systems’ contributions to
business in our awards program, which is extremely gratifying for the
Company and speaks to our organization’s mission -- that being to afford
all types of companies a platform for recognition,” explained Michael
Gallagher, president of The Stevie Awards.
The awards were presented during ceremonies held at the Marriott Marquis
Hotel in New York City on June 18, 2012. The ceremonies were hosted by
Cheryl Casone of Fox Business Network and broadcast nationwide on
radio by the Business TalkRadio Network. More than 270 executives
across the country participated in the judging process to determine the
Finalists and Stevie Award winners.
About The Stevie Awards
Stevie Awards are conferred in four programs: The American Business
Awards, The International Business Awards, the Stevie Awards for Women
in Business, and the Stevie Awards for Sales & Customer Service.
Honoring organizations of all types and sizes and the people behind
them, the Stevies recognize outstanding performances in the workplace
worldwide. Learn more about the Stevie Awards at http://www.stevieawards.com/.
About
Quality Systems, Inc.
Irvine, Calif.-based Quality
Systems, Inc. and its NextGen
Healthcare subsidiary develop and market computer-based practice
management, electronic health records and revenue cycle management
applications as well as connectivity products and services for medical
and dental group practices and small hospitals. 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, including but not limited to,
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, net income and
earnings per share). Risks and uncertainties exist that may cause the
results to differ materially from those set forth in these
forward-looking statements.
Factors that could cause the anticipated results to differ from those
described in the forward-looking statements are set forth in Part I,
Item A of our most recent Annual Report on Form 10-K for the fiscal year
ended March 31, 2011, including but not limited to: the volume and
timing of systems sales and installations; length of sales cycles and
the installation process; the possibility that products will not achieve
or sustain market acceptance; seasonal patterns of sales and customer
buying behavior; impact of incentive payments under The American
Recovery and Reinvestment Act on sales and the ability of the Company to
meet continued certification requirements; 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; changes of accounting estimates
and assumptions used to prepare the prior periods' financial statements;
and general economic conditions. A significant portion of the Company's
quarterly sales of software product licenses and computer hardware is
concluded in the last month of a 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.
