Open EC Technologies, Inc.

Open EC Technologies, Inc.

February 18, 2010 14:36 ET

Open EC Technologies, Inc. Announces Change of Directors and Grants Stock Options

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2010) - Open EC Technologies, Inc. ("Open EC" or the "Company") (TSX VENTURE:OCE) announces the appointment of Roy Trivett as a director of the Company.

The company is pleased to announce Mr. Roy Trivett has joined the board of directors. Mr. Trivett founded, led and grew Architel Systems Corporation (ASC) from start-up through sale in 2000 to Nortel Networks for $600 Million. He is a founding member of Vancouver Angel Investor Network and has held executive and board positions as CEO Visiphor Corporation, law enforcement data sharing software sold to Knowledge Computing Corporation in 2009, acting CEO, Secondsun Entertainment Inc., Playstation based computer games developer and assisted Brainchild Studios in their 3D computer animation business.

Martyn Armstrong, CEO of Open EC states, "We are pleased to have Mr. Trivett join the Open EC board where his years of technology business experience in high growth business environments will certainly benefit our company. We are looking forward to his contribution to our strategic planning, business development growth and corporate governance."

Mr. Trivett states, "I am pleased to be working with Open EC in this exciting time in their business development. Open EC is a dynamic business, with solid management, excellent technology and has a unique potential to be a leader in the Healthcare Information Technology market."

Mr. Trivett has a Masters of Systems Engineering from Carleton University having also completed his Bachelor of Electrical Engineering, with Distinction, from the same University.

Open EC announces it has accepted the resignations of Directors, Mr William Thompson, Mr. John Versfelt and Mr. Zhigang (George) Wang. The company wishes to express its thanks for their years of service and contribution.

Open EC announces that it has, subject to regulatory acceptance, granted incentive stock options to Directors, Officer, Employees, IR Consultant and Consultant, under terms of its Stock Option Plan, granting the right to purchase up to 2,875,000 common shares of the Company at $0.10 per share until February 16, 2015. Vesting of the investor relations options will be in accordance with TSX Venture Exchange policies.

About Open EC Technologies Inc.

Open EC is a TSX Venture Exchange listed company. Its subsidiary, SoftCare EC Solutions Inc. is an e-business software, services and solution provider. SoftCare's OpenEC® e-business software includes solutions for Electronic Data Interchange (EDI), Healthcare Interoperability and Business Process Management. The Company sells the OpenEC® products and solutions to the healthcare, financial services and retail supply chain in North America. The company has a growing focus on turnkey solutions for US Healthcare Information Technology Reforms funded by the US Federal Government ARRA programs for Healthcare IT Interoperable mandates. Additional product and solution information is available on the web at and and additional public company information is available on the web at The Company's common shares trade on the TSX Venture Exchange under the symbol: OCE.


Martyn A. Armstrong, President and CEO

Further information about the Company can be found on SEDAR (

This news release may contain forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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