Wednesday, 30 April 2008

LMS Technology Receives Top Marks In Independent Study

LMS Medical Systems, (LMZ - TSX/AMEX)

Shares outstanding: 25.8 million

Fully Diluted: 30.7 million

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It is one thing to say you have a great product and it’s another thing to have an independent study that weighs feedback from North American healthcare IT professionals who say you have a great product.

KLAS (a research firm that specializes in monitoring and reporting the performance of healthcare’s information technology (HIT) vendors) released its Labor and Delivery study in March 2008. The study “establishes a foundation for (obstetric) providers seeking information about vendor solutions for documentation and charting, remote access, interfaces, alerts and reporting features.” It considered information gathered from 176 participants and it concluded that LMS had the highest overall rating of vendors in the early data section of the study. LMS was pitted against Clinical Computer Systems, GE Healthcare, Hill-Rom, Philips and CliniComp.

This news demonstrates to investors that LMS is a market leader and is recognized as best of breed by the industry.

For more information on KLAS, view its website at http://www.klasresearch.com/


To view the release, please click here.