THE QUANTUM GROUP, INC. (NYSE Amex: QGP)
The Quantum Group has appreciated 56% since their presentation at the San Francisco RedChip Conference March 24th. Between this significant leap, their recently announced collaboration with IBM, and their strong financial performance for last year and in the first quarter of this year, we believe QGP offers a compelling opportunity for investors.
THE QUANTUM GROUP, INC. (NYSE: QGP) Aligns with IBM:
Following the conclusion of the HIMSS09 conference in Chicago, The Quantum Group announced its collaboration with IBM (NYSE: IBM) to facilitate IBM's Patient Centered Medical Home (PCMH) solution -- a solution that provides physicians with a 21st Century process for electronic records integration, management, analysis and communication across the healthcare ecosystem. The resulting, EMR-enabled primary care practices will meet President Obama's vision of an information-based, connected healthcare system.
QGP separately announced financial results for first quarter of fiscal year 2009 and reported revenues of $7,363,593 for the quarter ended January 31, 2009. The Company reported $2,739,475 in revenues for the same quarter of fiscal year 2008, marking an increase of nearly 168%. The reported revenues also reflect a 32% increase from the fourth quarter of 2008 of $5,565,009.
The Quantum Group has appreciated 56% since their presentation at the San Francisco RedChip Conference March 24th. Between this significant leap, their recently announced collaboration with IBM, and their strong financial performance for last year and in the first quarter of this year, we believe QGP offers a compelling opportunity for investors
