IRVINE, Calif.--(BUSINESS WIRE)-- Quality Systems, Inc. (NASDAQ: QSII) announced today that its management plans to present its corporate story at the upcoming 22nd Annual Piper Jaffray Healthcare Conference.
The conference, which will showcase approximately 250 public and private companies within the healthcare sector for institutional investors, is scheduled for Tuesday, November 30, 2010 and Wednesday, December 1, 2010 at the New York Palace Hotel in New York City. Quality Systems’ Chief Executive Officer Steven T. Plochocki is scheduled to participate in a 30-minute fireside chat (including Q&A) on Tuesday, November 30, 2010 at 8:00 A.M. local time.
A web cast of Quality Systems’ audio presentation will be available on Tuesday, November 30 (beginning an hour after the start time of the presentation) and can be viewed by accessing http://www.corporate-ir.net/ireye/conflobby.zhtml?ticker=QSII&item_id=3494310. It will be archived for 90 days.
Piper Jaffray (NYSE: PJC) is a leading global investment firm serving the needs of corporations, private equity groups, public entities, nonprofit clients and institutional investors. Founded in 1895, the firm is headquartered in Minneapolis with offices across the U.S. and in Hong Kong and London.
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. 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: 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; 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 the Company’s 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.
Quality Systems, Inc.
Susan J. Lewis, 303-804-0494
KEYWORDS: United States North America California New York
INDUSTRY KEYWORDS: Technology Data Management Hardware Software Practice Management Health Dental Hospitals Radiology Other Health Nursing Managed Care