Agility Health Announces Resignation of Interim CEO and Chairman


Not for distribution to United States Newswire Services or for dissemination in the United States

GRAND RAPIDS, Mich., April 11, 2018 (GLOBE NEWSWIRE) -- Agility Health, Inc. (TSXV:AHI) (“Agility Health” or “Company”), a leading provider of orthotics, prosthetics and foot care services in Canada, today announced that Mr. Pierre G. Gagnon has resigned as Interim Chief Executive Officer and Chairman of the Company effective immediately. Mr. Gagnon has been Interim Chief Executive Officer and Chairman of Agility Health since April 2017 and led the Company through a difficult transition period which culminated in the sale of the Company’s U.S. assets to Alliance Physical Therapy Partners, LLC.  The Board would like to thank Mr. Gagnon for his service to the Company and wishes him all the best as he pursues other endeavours. Mr. Gagnon will continue to be a director of Agility Health. Mr. Wayne Cockburn, Vice President, Corporate Development and Corporate Secretary of the Company, has been appointed Interim Chief Executive Officer of the Company until a replacement for Mr. Gagnon has been engaged. Mr. Robert Herr, a director of Agility Health since 2013, has been appointed Chairman of the Board of Directors.

About Agility Health

Through its Canadian subsidiary and principal operating entity, Medic Holdings Corp., Agility Health operates twelve (12) foot care clinics in Ontario and Quebec and manufactures orthotics and prosthetics.
                                                               
Forward-Looking Information

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes forward-looking statements regarding Agility Health and its business. Such statements are based on the current expectations and views of future events of Agility Health’s management. In some cases, the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Agility Health undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information please contact:

Mr. Robert Herr
Chairman of the Board
(616) 450-8748
rherr@comcast.net