Canons Park Advisors Becomes Industry Advisor to Healthcare Special Opportunities Fund; Improves Market Support for Patient Home Monitoring (PHM) and Convalo Health International (CXV)

LOS ANGELES, CALIFORNIA--(Marketwired - July 17, 2015) - Canons Park Advisors, Inc. ("CPA"), a firm owned 50% each by Michael Dalsin and Roger Greene, announced today that it has become the exclusive Industry Advisor to the new Healthcare Special Opportunities Fund (the "Fund").

The Fund will invest at least 80% of its initial assets in publicly traded healthcare companies. From the start, investments will include companies like PHM and CXV, and at the discretion of the manager, the Fund can invest in companies like Inspira (TSX VENTURE:LND). It may also invest up to 20% in private healthcare investments that are pre-IPO.

The Fund will begin investing more than $60 million in healthcare related companies over the next week. "We are involved because we believe that the Fund can rapidly increase its assets by making profitable investments in growth companies, and that the Fund will continually grow over time. Our goal is to help make the Fund the premier Canadian healthcare fund. It will immediately be a major and important investor in Canadian public healthcare securities, and we believe its size, assets available to invest, and importance will grow over time," explained Roger Greene.

"The commitment Michael and I have to the Fund goes beyond our role as Industry Advisor. We are major shareholders. We have acquired units that are restricted and are not listed for trading on a Canadian or US exchange. So we have a great long term financial interest in seeing the Fund succeed," Mr. Greene continued. As part of its' exclusive commitment to the Fund, CPA and its principals have offered to exchange eligible unrestricted investments in Canadian public healthcare companies (PHM and CXV) for unlisted units in the Fund. The Fund, as a larger investor in growing healthcare companies, will be capable, at the sole discretion of its manager, of making major purchases in the securities of PHM and CXV as the market presents buying opportunities.

CPA also provided an update on its future activities with PHM and CXV. "Partially in response to fielding concerns from our co-investors, we are assisting in the continued maturation of the PHM and Convalo executive teams. We are excited about the recent acquisitions by both PHM and Convalo that include key talented executives," Mr. Dalsin explained. "As previously announced by the companies, I am moving to a non-executive role in PHM, and we are adding talented senior executives at Convalo. This will also be a great benefit to investors who are concerned about my time commitments and role in supporting market communications. With the growth and maturity of each of these companies, talented operators will play the primary role in communicating to all investors, and CPA will do everything we can to support them."

This is not an offer to buy or sell any security. Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will", the securities that the manager of the Fund will select to buy or sell, and similar expressions to the extent they relate to the Fund and/or the Industry Advisor. The forward-looking statements are not historical facts but reflect the Industry Advisor's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Industry Advisor believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Industry Advisor undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

A final prospectus dated June 26, 2015 (the "Prospectus") containing important information relating to the Fund has been filed on SEDAR and with securities commissions or similar authorities in each of the provinces of Canada.