MediSolution/Financial and Payroll Resources Working in Harmony: Quebec-Transplant Acquires the VIRTUO Integrated Solution.MONTREAL -- Mplex Solutions (R), a division of MediSolution Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :MSH MSH melanocyte-stimulating hormone. MSH abbr. melanocyte-stimulating hormone MSH, n See hormone, melanocyte-stimulating. MSH melanocyte-stimulating hormone. ), announced today that it has been awarded a contract by Quebec-Transplant for the implementation of its Virtuo (R) financial management and payroll management solution. MediSolution's specialized expertise in financial resources management will provide the Quebec-Transplant an integrated solution and ensure efficient administrative management capabilities. Renowned for its flexibility and streamlined implementation capabilities, the VIRTUO product line is a suite of integrated financial and materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, resources and payroll applications that have been developed specifically for businesses in the service sector. With offices in Montreal and Quebec City, the Quebec-Transplant organization is responsible for coordinating all activities related to organ donation Organ donation is the removal of the tissues of the human body from a person who has recently died, or from a living donor, for the purpose of transplanting or grafting them into other persons. in the province of Quebec.The organization is expected to grow significantly over the next few years. "MPlex Solutions, a division of MediSolution, provides us with a system that truly meets our needs," said Jocelyne Thifault, Administrative Director at Quebec-Transplant. "The Virtuo solution met our requirements for a flexible financial and payroll management system with the ability to scale as our organization expands." "This 5-year contract confirms MediSolution's Mplex division as a leader in integrated resource management solutions within the Quebec government. The Quebec-Transplant mandate, in addition to recent contracts awarded by the RAMQ RAMQ Régie de l'Assurance Maladie du Québec , the Department of Justice and the Regie des rentes du Quebec, provide a showcase to other government departments and agencies who wish to streamline their operations through a sole supplier offering a comprehensive resources management solution," said Paul Lepage, executive vice-president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at MediSolution Ltd. About Quebec-Transplant Quebec-Transplant is the official organization mandated by the Department of Health and Social Services social services Noun, pl welfare services provided by local authorities or a state agency for people with particular social needs social services npl → servicios mpl sociales to ensure the coordination of organ donation in Quebec. With offices in Montreal and Quebec City, Quebec-Transplant's mission is to coordinate and facilitate all activities related to the identification of potential donors, the attribution and the procurement of human organs in order to contribute to the continuous improvement of the quality of services offered to the people in need of organ transplantation The transfer of organs such as the kidneys, heart, or liver from one body to another. The transplantation of human organs has become a common medical procedure. Typical organs transplanted are the kidneys, heart, liver, pancreas, cornea, skin, bones, and lungs. . About MediSolution and MPlex Solutions With over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. experience in technology automation, MPlex Solutions provides financial, payroll and human resource solutions and services to 200 customers in the government, institutional and municipal sectors. The Virtuo Suite is comprised of financial, budgeting, procurement, human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , scheduling, payroll and business intelligence applications. For more information, visit www.mplexsolutions.com or www.medisolution.com MediSolution (TSX:MSH) is a leading healthcare and public sector information technology company, providing software, solutions and services to customers across North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. .More than 500 hospitals and other healthcare facilities as well close to 200 public sector or government related organizations rely on MediSolution's systems to maximize their operational efficiencies, lower their costs, and improve the delivery of services. Note: This press release contains "forward-looking statements". The words "believe", "expect", "anticipate", "intend", "estimate" and other expressions which are predictions of or indicate future events and trends and which do not relate to historical matters identify forward-looking statements. Reliance should not be placed on forward-looking statements because they involve known an unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the company to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those set forth in the forward-looking statements include general economic conditions, interest rates, availability of equity and debt financing Debt Financing When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors. In return for lending the money, the individuals or institutions become creditors and receive a promise to repay and other risks detailed from time to time in the company's continuous disclosure documents. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. MediSolution Ltd. (TSX:MSH) |
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