SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
May 22, 2002
Date of report (date of earliest event reported)
QUADRAMED CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21031 52-1992861
-------------------------------------------------------------------------------
(State or Other (Commission File Number) (IRS Employer
Jurisdiction Identification No.)
of Incorporation)
22 Pelican Way, San Rafael, California, 94901
(Address of Principal Executive Offices)
(415) 482-2100
(Registrant's telephone number, including area code)
ITEM 5. Other Items.
-----------
QuadraMed Corporation ("QuadraMed") announced today that the Nasdaq Stock
Market, Inc., has approved its application for the relisting of its common
stock on the Nasdaq National Market. On Thursday, May 23, 2002, QuadraMed's
shares will begin trading on the Nasdaq National Market under the symbol
"QMDC," which is the same symbol under which it now trades on the Nasdaq
SmallCap Market.
ITEM 7. Exhibit.
-------
Exhibit No. Description
----------- -----------
99.1 QuadraMed Press Letter dated May 22, 2002
entitled, "QuadraMed To Be Relisted on
Nasdaq National Market."
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
Date: May 22, 2002 By: /s/ Michael H. Lanza
-----------------------------
Michael H. Lanza
Executive Vice President and
Corporate Secretary
EXHIBIT 99.1
QUADRAMED CORPORATION
(Logo)
FOR IMMEDIATE RELEASE CONTACT:
--------------------- Sara H. Lanza
(415) 482-2270
slanza@quadramed.com
QUADRAMED TO BE RELISTED ON NASDAQ NATIONAL MARKET
San Rafael, California - May 22, 2002 - QuadraMed Corporation (Nasdaq
SmallCap: QMDC) announced today that the Nasdaq Stock Market, Inc., has
approved its application for the relisting of its common stock on the
Nasdaq National Market. On Thursday, May 23, 2002, QuadraMed's shares will
begin trading on the Nasdaq National Market under the symbol "QMDC," which
is the same symbol under which it now trades on the Nasdaq SmallCap Market.
"We are very pleased that our strong financial and operational progress has
enabled us to reach this key milestone," said Lawrence P. English, Chairman
and Chief Executive Officer. "We look forward to continuing to build value
for our shareholders by executing our business strategies and meeting our
performance goals."
About QuadraMed Corporation
---------------------------
QuadraMed is dedicated to developing information technology and providing
consulting services that help healthcare professionals deliver outstanding
patient care with optimum efficiency. Offering real-world solutions for
every aspect of acute care information management, QuadraMed has four main
product lines: Affinity(R) Healthcare Information System, Quantim(R) Health
Information Management Software and Services, Complysource(R) Compliance
Solutions, and Chancellor(TM) Financial Products and Services. Behind our
products and services are nearly 1000 professionals whose healthcare
experience has earned QuadraMed the trust and loyalty of its many
customers. To find out more about QuadraMed, visit www.quadramed.com.
The Company received notification of plans for delisting from the Nasdaq
National Market on June 1, 2000. In mid-June 2000, a new senior management
team under the leadership of Lawrence P. English commenced a sweeping
program to return QuadraMed to profitability through concentrated efforts
in expense management and targeted revenue growth. The Company's growing
market presence and strong pipeline of new business reflect an applied
research and development focus and new products aimed squarely at best
meeting acute care hospital information technology needs.
QuadraMed, Affinity, Quantim, and Complysource are registered trademarks of
QuadraMed Corporation. Chancellor is a trademark of QuadraMed Corporation.
All other trademarks and registered trademarks are the properties of their
respective holders.
(more)
Risks Associated With Forward-Looking Statements
------------------------------------------------
Forward-looking statements that are subject to risks and uncertainties are
made in this press release. These statements are based on the beliefs and
assumptions of QuadraMed's management. Forward-looking statements include
information concerning possible or assumed actions, events, or results of
QuadraMed's operations. These statements are not guarantees of performance.
Accordingly, QuadraMed and its management claim safe-harbor for all
forward-looking statements under the Private Securities Litigation Reform
Act of 1995.
For a listing of risks and uncertainties that could cause QuadraMed's
actual results to differ from these forward-looking statements, investors
should refer to QuadraMed's annual report (Form 10K) and subsequent filings
(Form 10Q) filed with the U.S. Securities and Exchange Commission. These
filings can be accessed through the Investor Relations section of
QuadraMed's website, www.quadramed.com. They also may be accessed through
the EDGAR Database section of the U.S. Securities and Exchange Commission
website, www.sec.gov. QuadraMed's EDGAR Central Index Key Number is
0001018833.
# # #