QUADRANT 4 SYSTEM CORPORATION (OTCMKTS:QFOR) Files An 8-K Entry into a Material Definitive AgreementItem 1.01Entry Into a Material Definitive Agreement.
This Current Report on Form 8-K contains certain statements that are “forward-looking statements.” Those statements may include statements regarding the intent, belief or current expectations of the Company or its officers with respect to the Company’s planned sale of the QEDU Education Platform and its continued efforts to sell its remaining assets, among other matters. These forward-looking statements are based on a number of assumptions and currently available information, and are subject to a variety of risks and uncertainties. Although the Company believes that the assumptions on which the forward-looking statements contained herein are based are reasonable, any of those assumptions could prove to be inaccurate given the inherent uncertainties as to the occurrence or nonoccurrence of future events. There is no assurance that the forward-looking statements contained in this Current Report will prove to be accurate. The inclusion of a forward-looking statement herein should not be regarded as a representation by the Company that its objectives will be achieved.
About QUADRANT 4 SYSTEM CORPORATION (OTCMKTS:QFOR)
Quadrant 4 System Corporation (Quadrant 4) is engaged in providing cloud-based platform-as-a-service (PaaS) and software-as-a-service (SaaS) products to the health insurance, media and education verticals. The Company operates through two business segments: Services and Platforms (PaaS/SaaS). The Company’s core platforms include QHIX/QBIX, a cloud-based health insurance exchange and benefits management platform; QBLITZ, a cloud-based digital media platform, and QEDX, a cloud-based education platform for K-12 students each of which incorporates the Company’s Social Media, Mobility, Analytics and Cloud (SMAC) technologies. Its services include consulting, application life cycle management, enterprise applications and data management, mobility applications and business analytics. It offers solutions to the healthcare, media and education industries. QHIX helps its clients engage consumers differently using SMAC operating through a Cloud environment.