Agility Health, Inc.

Agility Health, Inc.

December 23, 2013 18:38 ET

Agility Health Announces Appointment of Chief Operating Officer and Grant of Options

GRAND RAPIDS, MICHIGAN--(Marketwired - Dec. 23, 2013) - Agility Health, Inc. (TSX VENTURE:AHI) ("Agility Health"), a leading provider of physical rehabilitation and software services that benefit patients, healthcare providers and employers, is pleased to announce the appointment of Mr. Gene Miyamoto as Chief Operating Officer of Agility Health.

"Agility Health has known Mr. Miyamoto for many years and we believe that he has the healthcare experience necessary to lead our operations today and into the future," stated Steven Davidson, CEO of Agility Health. "We are excited to add an executive leader principally focused on operational performance and acquisition integration."

Grant of Stock Options

Agility Health has granted an aggregate of 673,726 incentive stock options to certain directors, officers and employees of Agility Health, including to Mr. Gene Miyamoto, the newly appointed Chief Operating Officer, Mr. Michael Valdes, the Chief Financial Officer, Mr. Steven Davidson, the Chief Executive Officer and a director of Agility Health and Mr. Kenneth Scholten, the President and a director of Agility Health. The stock options are exercisable at a price of $0.245 and expire five years from the date of grant. The stock options vest immediately upon grant.

About Agility Health

Through its subsidiary and principal operating entity, Agility Health, LLC, Agility Health operates a multi-state network of outpatient rehabilitation clinics and provides contracted services to hospitals, nursing homes and other institutional clients, providing care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and a variety of other injuries and conditions. In addition, Agility Health provides a number of ancillary services related to physical rehabilitation, including practice management software systems and custom orthotics. As of December 23, 2013, Agility Health operates 74 outpatient or onsite rehabilitation locations in 17 states. Agility Health's contract therapy services business provides rehabilitative services to 41 hospitals and inpatient rehabilitation units, 36 nursing homes, long-term care facilities and other service locations in 9 states. For more information, please visit

Cautionary Statements

Neither 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. The forward-looking events and circumstances discussed in this release, including the anticipated future growth of Agility Health, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company. 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 statement 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.

Contact Information

  • Agility Health, Inc.
    Steven N. Davidson
    Chief Executive Officer
    (616) 356-5000