VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 10, 2016) - Reliq Health Technologies Inc. (TSX VENTURE:RHT)(OTCQB:FLNTF) ("Reliq" or the "Company"), a technology company focused on developing progressive mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is excited to announce that the Company received TSX Venture Exchange approval to change its name from Moseda Technologies Inc. (see Moseda's News Release dated May 9, 2016).
At the open of the market on Tuesday, May 10, 2016, the Company will be trading under its new name Reliq Health Technologies Inc. The new trading symbol will be RHT. The CUSIP AND ISIN numbers have changed to 75955T103 and CA75955T1030 respectively.
"The name change reflects the fact that the company has evolved beyond its original concept of Mobile Secure Data (MoSeDa) for healthcare, to delivering comprehensive technology solutions that address the unmet needs of the $20 Billion Community Care market," said Dr. Lisa Crossley, CEO of the Company. "Reliquum is Latin for 'future' or 'events that are yet to happen' and as such we feel that the name Reliq perfectly captures our intent to provide novel, innovative healthcare technology solutions for patients, families and clinicians in the community."
The Company is also pleased to announce that it will be changing the name of its wholly-owned subsidiary, currently CareKit Health Corp, to iUGO Health Inc. "The word 'iugo' is Latin for 'bridge' or 'connect'," said Giancarlo De Lio, Reliq's Chief Visionary Officer and Founder of CareKit Health Corp. "We have combined key elements of the original Moseda technology with CareKit's platform to create a solution that not only supports remote patient monitoring but also securely connects the entire circle of care, including patients, family members and the clinical care team. The new name reflects our more comprehensive product platform that supports the entire continuum of community care."
ON BEHALF OF THE BOARD
Dr. Lisa Crossley, CEO and Director
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.
Cautionary Statements Regarding Forward Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements".
We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.
Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Reliq Health Technologies Inc. does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company's historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.