Quality Systems, Inc. (NASDAQ: QSII) announced today that its management
plans to present its corporate story at the Goldman Sachs 32nd
Annual Global Healthcare Conference.
The conference, which will showcase approximately 130 companies from the
biotechnology, distribution, healthcare information and technology,
managed care, medical supply and device, and pharmaceutical sectors
(among others), is scheduled for Tuesday, June 7, 2011 - Thursday, June
9, 2011 at the Terranea Resort in Rancho Palos Verdes, Calif. Quality
Systems’ Executive Vice President and Chief Financial Officer Paul A.
Holt will participate in a 30-minute fire-side chat forum on Thursday,
June 09, 2011 at 9:20 A.M. local time.
A web cast of Quality Systems’ audio presentation will be available on
Thursday, June 9, 2011 (beginning at the start time of the presentation)
and can be viewed by accessing http://cc.talkpoint.com/gold006/060711a_lr/?entity=28_FNR1JXP.
It will be archived for 90 days.
The Goldman Sachs Group, Inc. is a leading global investment banking,
securities and investment management firm that provides a wide range of
financial services to a substantial and diversified client base that
includes corporations, financial institutions, governments and
high-net-worth individuals. Founded in 1869, the firm is headquartered
in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong
and other major financial centers around the world. Please go to www.gs.com
to learn more.
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;
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; 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.
