IRVINE, Calif.--()--Quality Systems, Inc. (Nasdaq: QSII) today announced that the results of the Annual Meeting of Shareholders, held on August 16, 2012, have been certified by IVS Associates, Inc., the independent inspector of elections. Elected to the Board from the company’s slate were Craig Barbarosh, George Bristol, Russell Pflueger, Steven Plochocki, Sheldon Razin, Lance Rosenzweig and Maureen Spivack. As a company incorporated in California, QSI is required to provide shareholders with the opportunity to cumulate their votes on the election of directors, which facilitated the election of Ahmed Hussein and Patrick Cline to the Board based on Mr. Hussein’s 15.7% ownership in the company as of the record date.
“Management's Discussion and Analysis of Financial Condition and Results of Operations”
“On behalf of the Board and management of Quality Systems, I would like to thank shareholders for their overwhelming support of the company’s Board nominees,” said Steven Plochocki, chief executive officer of Quality Systems. “The QSI Board and management team believe we have the right strategic plan in place to continue our track record of revenue and earnings growth and strong shareholder returns. We look forward to continuing to build upon Quality Systems’ ongoing success and increasing value for our shareholders.”
The company also announced that the advisory vote to approve the compensation for named executive officers was supported by the majority of shareholder votes. PricewaterhouseCoopers LLP was also ratified as QSI’s independent registered public accounting firm for the fiscal year ending March 31, 2013.
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.
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Statements made in this document, the proxy statements to be filed with the SEC, communications to shareholders, press releases and oral statements made by our representatives that are not historical in nature, or that state our or management's intentions, hopes, beliefs, expectations or predictions of the future, may constitute "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended. Forward-looking statements can often be identified by the use of forward-looking words, such as "could," "should," "will," "will be," "will lead," "will assist," "intended," "continue," "believe," "may," " expect," "hope," "anticipate," "goal," "forecast," "plan," or "estimate" or variations thereof or similar expressions. Forward-looking statements are not guarantees of future performance.
Forward-looking statements involve risks, uncertainties and assumptions. It is important to note that any such performance and actual results, financial condition or business, could differ materially from those expressed in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the risk factors discussed under "Risk Factors" in our Annual Report on Form 10-K for fiscal year ended March 31, 2012, as well as factors discussed elsewhere in this and other reports and documents we file with the SEC. Other unforeseen factors not identified herein could also have such an effect. We undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes in future operating results, financial condition or business over time unless required by law. Interested persons are urged to review the risks described under "Risk Factors" and in "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for fiscal year ended March 31, 2012, as well as in our other public disclosures and filings with the SEC.