QVDX Quovadx (MM)

Quovadx, Inc. (Nasdaq: QVDX) today announced that on February 26, 2007, Senior District Judge Richard P. Matsch, in the federal court in the District of Colorado, issued a final judgment approving in all respects the settlement of the class action lawsuit captioned Heller v. Quovadx, Inc., et al., and dismissed with prejudice all claims alleged in the action against the Company and the individual defendants. This lawsuit, which arose from the Company�s restatement in March 2004 of historical financial results, was originally filed on June 10, 2004. Under the terms of the approved settlement, class members and their counsel received $9�million in exchange for their release of the Company and the individual defendants, with prejudice, of all claims under Sections 10b and 20(a) of the Securities Exchange Act of 1934. Of the $9.0 million settlement, Quovadx contributed $2.0 million, and its insurance carriers contributed $7.0 million. As a result of the final judgment, the Company has no further liability in this lawsuit. About Quovadx Quovadx (Nasdaq: QVDX) offers software and services for system development, extension, integration and analysis to enterprise customers worldwide. Quovadx has three divisions, including the Integration Solutions division (ISD), which offers private and public healthcare organizations software infrastructure to facilitate system interoperability and leverage existing technology, the CareScience division, which provides care management and analytical solutions to hospitals and health systems, and the Rogue Wave Software division, which provides reusable software components and services for enterprise-class application development and high-performance SOA. Quovadx serves companies in the healthcare, financial services, telecommunication and public sectors. For more information, please visit http://www.quovadx.com. QUOVADX is a registered trademark of Quovadx, Inc. in the U.S. and select foreign countries. All other company and product names mentioned may be trademarks of the companies with which they are associated.