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Press Room
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SGF invests in MédiaMed Technologies Inc.
Montréal, April 10, 2008 – Société générale de financement du Québec has acquired a 46% stake in MédiaMed Technologies.
MédiaMed, located in Mont-Saint-Hilaire on Montréal’s South Shore, designs and develops innovative software solutions for the management of clinical information by hospitals and health care and social services centres. In addition to superior technological solutions, MédiaMed offers consulting services adapted to the realities of Québec’s health care system. MédiaMed was founded in 2001 by two entrepreneurs involved in the health care sector, Dr. Jean Mireault, an emergency physician, and Daniel Handfield, a computer scientist and information systems designer.
The partnership with SGF will give MédiaMed the capital it needs to accelerate its growth. The company intends to round out its product line and to expand through strategic alliances or acquisitions.
SGF is very active in the Information and Communication Technologies (ICT) sector, with special emphasis on technologies applicable to the health care sector. This area of activity has considerable potential for Québec’s ICT industry. SGF’s considerable financing capability, as well as the expertise of its investment teams, enables it to play an important role in the sector’s development.
About MédiaMed Technologies
MédiaMed designs innovative technological solutions and offers consulting services adapted to the realities of the health care systems in Québec and the rest of Canada. Its featured products are MAGIC, a clinical information management system used by hospitals and health care and social services centres, and MED-URGE, a hospital emergency-care management system. MédiaMed‘s software helps health care organizations control their costs, while supporting their clinical practice more effectively.
MédiaMed intends to gradually extend its software line to other clinical sectors and to step up its presence in the Canadian market.
MédiaMed Technologies has earned professional recognition from its peers, with its expertise, precision and constant concern for data confidentiality.
Société générale de financement du Québec (sgfqc.com), an industrial and financial holding company, has a mission to carry out economic development projects, with emphasis on the industrial sector, in co-operation with partners and on standard profitability conditions, in accordance with the economic development policy of the Québec government.
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Source:
Marie-Claude Lemieux
Senior Adviser
Communications and Media Relations
Société générale de financement du Québec
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