QuadraMed Corporation Release: Reclassification To Announced 1st Quarter 2005 Results

RESTON, Va.--(BUSINESS WIRE)--May 10, 2005--QuadraMed Corporation (Amex:QD) is presenting the following reclassification to the Consolidated Statement of Operations for the Three months ended March 31, 2005 released at 10:27 A.M. Eastern Time today. The Statement of Operations included $363,000 in “Other income (expense), net” related to the write-off of certain fixed assets, principally at closed office locations. This amount has been reclassified to Operating expense and included in “Amortization of intangible assets and depreciation”.