VANCOUVER, BC – November 24, 2016 – HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) is pleased to announce two new clients from the state of Washington. Clallam County Health & Human Services Department as well as Grant County Health District have signed contracts with HealthSpace in which the Company will provide its Environmental Health System for health protection and regulatory enforcement in both of those communities. Clallam County is located on the Olympic Peninsula and the county seat is Port Angeles. Grant County Health District provides services to the residents of Grant County and is headquartered in Moses Lake, WA.
HealthSpace President, Joseph Willmott commented, “we are please to welcome these organizations to our growing client list and we look forward to working with them.”
The Company also announces that it has granted stock options and restricted stock units to directors, officers, employees and consultants of the Company. The stock options granted allow the optionees the ability to purchase a total of 3,550,000 common shares of the company at an exercise price of .08 cents per share for a five-year term expiring November 24, 2021. The restricted stock units granted allow the recipients the ability to purchase a total of 1,200,000 common shares of the Company for a five-year term expiring November 24, 2021 subject to certain milestones of the Company.
About HealthSpace Data Systems Ltd.
HealthSpace is an industry leader providing inspection, information and communication management systems for federal, state, county and municipal governments. Over the last decade the Company has successfully developed both enterprise and mobile internet-based applications currently serving over 300 state and local government organizations across North America. Clients range in size from small county organizations to state-wide systems with over 910 concurrent users, as well as national programs. HealthSpace specializes in the field of developing, installing, and maintaining inspection and regulatory management systems for environmental and public health organizations.
This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although HealthSpace believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. HealthSpace expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
For more information please contact:
Warwick Smith, CEO
+1 604 250 1737
Peter J. Kletas
PJK & Associates Inc.