Medworxx Solutions Inc.
TSX VENTURE : MWX

Medworxx Solutions Inc.

June 04, 2009 06:00 ET

Medworxx Appoints Bellbeau Capital Corp. as Investor Relations Firm

TORONTO, ONTARIO--(Marketwire - June 4, 2009) - Medworxx Solutions Inc. ("Medworxx") (TSX VENTURE:MWX), provider of healthcare solutions for decision support, compliance, and education, today announced that it has appointed Bellbeau Capital Corp. (Bellbeau), a Vancouver-based investor relations firm, to provide it with investor relations services.

Bellbeau will initiate an investor awareness program for Medworxx, which will include proactive outreach to Bellbeau's network of brokers, private investors, analysts, portfolio managers, and media contacts. Medworxx will pay $7,000 per month (with an option to increase to $9,000 per month effective January 1, 2010) and issue options to purchase 400,000 shares of the Company at $0.10 per share. One quarter of the options so granted will vest on the four month anniversary of the agreement, and the right to purchase an additional 100,000 of the shares shall vest every four months thereafter. The agreement may be cancelled by either party with 30 days written notice. This transaction remains subject to the approval of the TSX Venture Exchange.

About Bellbeau Capital Corp.:

Bellbeau Capital Corp. is a private British Columbia firm specializing in investor relations and business development services. Bellbeau utilizes its international network of brokers, investors, analysts, portfolio managers and market intelligence to provide its clients with a customized choice of investor relations, financial communication solutions and business development strategies, designed to fit clients' individual needs. Bellbeau assists companies with achieving fair market valuation and strengthened brand recognition in the global financial markets.

About Medworxx:

Medworxx provides healthcare solutions for decision support, compliance and education. Founded in 2004, Medworxx products are now used by more than 500,000 people at over 280 hospitals across North America. Medworxx: our market is healthcare, our vertical is knowledge. For more information, visit www.medworxx.com.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

Contact Information

  • Bellbeau Capital Corp.
    Kevin Beaulieu
    604-634-3660
    or
    Medworxx Solutions Inc.
    Dan Matlow
    416-642-1278
    www.medworxx.com