Business Services Industry

MedQuist Becomes Current in SEC Filings

Business Wire, Oct 4, 2007

MT. LAUREL, N.J. -- MedQuist Inc. (Pink Sheets: MEDQ.PK) today filed its Quarterly Reports on Form 10-Q for the first two fiscal quarters of 2007 with the Securities and Exchange Commission (SEC). The filings can be found on the SEC's website at http://www.sec.gov or on MedQuist's website at http://www.medquist.com. Upon filing these two reports with the SEC, the Company became current in its filings with the SEC for the first time since the filing of its Form 10-Q for the third quarter of 2003. "Becoming current in our filings with the SEC is a major accomplishment for MedQuist and is yet another milestone in our continued progress," said MedQuist President and CEO Howard S. Hoffmann. "I am very proud of our team for their tireless effort in completing and filing 18 quarters of financial reporting (including annual financial statements for 2003, 2004, 2005 and 2006) over a three month period. We are now focused on completing the work on our Form 10-Q for the third quarter of 2007, which we plan on timely filing with the SEC."

About MedQuist:

MedQuist is a leading provider of clinical documentation workflow solutions in support of the electronic health record. MedQuist provides electronic medical transcription, health information and document management products and services, including digital dictation, speech recognition, Web- based transcription, electronic signature, medical coding, mobile dictation devices, and outsourcing services.

Disclosure Regarding Forward-Looking Statements:

Some of the statements in this Press Release constitute "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are not historical facts but rather are based on the Company's current expectations, estimates and projections regarding the Company's business, operations and other factors relating thereto. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expects," "intends," "plans," "projects," "believes," "estimates" and similar expressions are used to identify these forward-looking statements. The forward-looking statements contained in this Press Release include, without limitation, statements about MedQuist making future filings with the SEC. These statements are only predictions and as such are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. For a discussion of these risks, uncertainties and assumptions, any of which could cause our actual results to differ from those contained in the forward-looking statement, see the section of MedQuist Annual Report on Form 10-K for the year ended December 31, 2006, entitled "Risk Factors" and discussions of potential risks and uncertainties in MedQuist's subsequent filings with the SEC, including its Forms 10-Q for the quarters ended March 31, 2007 and June 30, 2007.

Web site: http://www.medquist.com

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COPYRIGHT 2008 Gale, Cengage Learning

 

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