Company Ranked Number One in Top 10 Organizations; Earns Grand Stevie Award
IRVINE, Calif.–(BUSINESS WIRE)– Quality Systems, Inc. (NASDAQ: QSII) announced today that it has won a gold Stevie® award as well as four silvers in Part II of the 2013 11th 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 3,200 entries were submitted for consideration across 200+ categories in this year’s competition.
The 11th Annual American Business Awards were presented in two programs: the first event took place in Chicago in June 2013, during which winners in company-related categories such as marketing, customer service, human resources and others were recognized; and, the second was held September 16th, 2013 in San Francisco, focusing on technology and new products category winners.
At the September 16th banquet in San Francisco, Quality Systems President and Chief Executive Officer Steven T. Plochocki was named gold winner in the Executive of the Year-Computer Services category. The Company’s silver awards recognized other leadership roles and corporate performance.
Additionally, for the first time, the American 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.
At the June 17th, 2013 ceremony, Quality Systems earned two gold, four silver and six bronze Stevie awards, as previously announced. These wins were primarily in health-related company categories, marketing and communications.
“The American Business Awards program provides an opportunity for our Company and our talented team to be recognized. It is the hard work and dedication of our 2,300 global employees that are truly deserving of this achievement. This is further evidenced by Quality Systems earning the Number One title in the Top 10 organizations ranking for this year’s program,” Plochocki said.
“The Company was well represented this year, and we are proud of our entire organization. We also extend our gratitude to the more than 320 judges nationwide who participated in evaluating and selecting this year’s winners,” Plochocki said.
“Quality Systems was an integral part of our awards program this year, culminating in their earning a Grand Stevie. The Company continues to distinguish itself by performing at a high level across a spectrum of categories spanning, among others, company, leadership, marketing and products. Our goal for the American Business Awards program is to provide every company – no matter what size, scope or focus – the chance to be acknowledged in a competitive environment. We celebrate the efforts of Quality Systems and all the 2013 winners,” said Michael Gallagher, president of The Stevie Awards.
Nicknamed the Stevies for the Greek word for “crowned,” the awards banquet for technology and new products were held on September 16 at the Julia Morgan Ballroom in San Francisco. More than 250 nominees and their guests attended.
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 http://www.stevieawards.com/. A list of winners can be found at http://www.stevieawards.com/pubs/awards/403_2183_22394.cfm.
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, 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.
Quality Systems, Inc.
Susan J. Lewis, 303-804-0494