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QHR Technologies Inc.

09:55 AM EST - QHR Technologies Inc. : posted revenue of $2.04 million for the fourth quarter 2008. Revenue for the year 2008 increased 11 per cent to $6.52 million, from $5.89 million for the previous year. Earnings for 2008 were $253,627 compared to $212,555. QHR acquired the financial software division of Momentum Healthware Inc. The acquired business was merged with the Company's HR division to form a new Enterprise Management Software division. The company expects 2009 revenues to exceed $10 million based on acquisitions and the growth of both of the Company's divisions. QHR Technologies Inc. shares V.QHR are trading even at $0.45.