QuadraMed Corporation Completes Move to NASDAQ Global Market
July 09 2008 - 9:30AM
Business Wire
QuadraMed Corporation (NASDAQ:QDHC) announced that, effective
today, its common stock is trading on the NASDAQ Global Market
under the new symbol of QDHC. The stock is no longer listed on the
American Stock Exchange (AMEX). �The decision to list QuadraMed's
common stock on the NASDAQ Global Market underscores our company�s
commitment to delivering value to our shareholders and clients,�
said Keith Hagen, QuadraMed�s president and CEO. �Our move to the
NASDAQ is appropriate for this stage of our corporate development
as we focus on business growth and maintaining appropriate levels
of financial and corporate governance standards, while achieving
improved liquidity and market pricing for our stockholders.� About
QuadraMed Corporation QuadraMed Corporation advances the success of
healthcare organizations through IT solutions that leverage quality
care into positive financial outcomes. QuadraMed provides real
world solutions that help healthcare professionals deliver
outstanding patient care efficiently and cost effectively. Behind
the company�s products and services is a staff of 650 professionals
whose experience and dedication have earned QuadraMed the trust and
loyalty of clients at over 2,000 healthcare provider facilities.
For more information about QuadraMed, visit
http://www.quadramed.com. About NASDAQ NASDAQ� is the largest U.S.
electronic stock market. With approximately 3,200 companies, it
lists more companies and, on average, its systems trade more shares
per day than any other U.S. market. NASDAQ is home to companies
that are leaders across all areas of business including technology,
retail, communications, financial services, transportation, media
and biotechnology. NASDAQ is the primary market for trading
NASDAQ-listed stocks. For more information about NASDAQ, visit the
NASDAQ website at http://www.nasdaq.com or the NASDAQ Newsroom(SM)
at http://www.nasdaq.com/newsroom. Cautionary Statement on Risks
Associated with QuadraMed Forward-Looking Statements This press
release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 by QuadraMed
that are subject to risks and uncertainties. The words "believe,"
"expect," "anticipate," "intend," "plan," "estimate," "may,"
"should," "could," and similar expressions are intended to identify
such statements. Forward-looking statements are not guarantees of
future performance and are to be interpreted only as of the date on
which they are made. QuadraMed undertakes no obligation to update
or revise any forward-looking statement except as required by law.
QuadraMed advises investors that it discusses risk factors and
uncertainties that could cause QuadraMed�s actual results to differ
from forward-looking statements in its periodic reports filed with
the Securities and Exchange Commission ("SEC"). QuadraMed�s SEC
filings can be accessed through the Investor Relations section of
our website, www.quadramed.com, or through the SEC�s EDGAR Database
at www.sec.gov (QuadraMed has EDGAR CIK No. 0001018833). QuadraMed
is a registered trademark of QuadraMed Corporation. All other
trademarks are the property of their respective holders.
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