IRVINE, Calif.--(EON: Enhanced Online News)--Quality Systems, Inc. (NASDAQ: QSII) announced today that it has won two gold Stevie® awards as well as four silver and seven bronze awards in the 2013 10th Annual International Business AwardsSM. Additionally, the Company earned a Grand Stevie Award when, for the first time, the International Business Awards ranked the top organizations recognized across the entire program, based on points earned for submissions. Quality Systems was first in the top 10 organizations named.
The gold Stevie awards were for Company of the Year in the Computer Services category and for Steven T. Plochocki, President and Chief Executive Officer as Executive of the Year in the Computer Software category. The silver wins were for other executive, management and company categories. Bronze awards earned spanned various marketing, executive and company categories.
The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide are eligible to submit nominations – public and private, for-profit and non-profit, large and small. The 2013 International Business Awards garnered entries from more than 50 nations and territories, totaling more than 3,300 nominations representing organizations of all sizes and across virtually every industry. Awards were presented to winners at a gala awards banquet held at the W Hotel in Barcelona, Spain on October 14, 2013.
“It is truly an honor that Quality Systems fared so well against some of the largest and most prestigious companies in the world in this year’s competition. This year, the Company, our team and management, as well as some of our novel marketing initiatives were all acknowledged. We are pleased that the international judges took note of achievements spanning many functional areas of our business,” explained Steven T. Plochocki, president and CEO.
Kelli Castellano, vice president of marketing, added: “Our marketing efforts have been extremely targeted to ensure we are keeping pace with the rapidly advancing healthcare information technology sector. Our campaigns that were recognized by the IBA focused on emerging healthcare models such as accountable care organizations, as well as those centered around our approach to helping our clients connect, care and thrive amid the evolving landscape. We appreciate the global judges’ recognition of our entire team’s contributions.”
“Quality Systems’ performance in this year’s International Business Awards is best reflected by its earning the Grand Stevie Award for its number one ranking in the top 10 organizations. Its accomplishments culminated in that honor and are based on the many wins it received across several categories of the competition. The Company continues to be a top performer,” said Michael Gallagher, president of The Stevie Awards.
A list of winners can be found at http://www.stevieawards.com/pubs/iba/awards/408_2219_24132.cfm.
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. A fifth program, the Asia-Pacific Stevie Awards, will debut this month. 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 www.StevieAwards.com, and follow the Stevie Awards on Twitter @TheStevieAwards.
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, 2013, 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.