Moseda Technologies Inc.
TSX VENTURE : MSD
OTCQB : FLNTF

Moseda Technologies Inc.

April 04, 2016 04:00 ET

Moseda Announces Paid Pilot With Florida, USA Based Sacred Heart Health System

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 4, 2016) - Moseda Technologies Inc. (TSX VENTURE:MSD)(OTCQB:FLNTF) ("Moseda" or the "Company"), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has secured a paid pilot with Sacred Heart Hospital in Florida, US. The pilot will evaluate the use of Moseda's CareKit Health platform to monitor patients post-discharge from hospital.

"We are excited to be piloting Moseda's newest product, the CareKit Health platform, with Sacred Heart," said Dr. Lisa Crossley, CEO of Moseda. "The CareKit platform uses a high tech, low touch approach to provide high quality care in the home, reducing the cost of care delivery, improving health outcomes and increasing patient and family satisfaction with their care. Our pilot with Sacred Heart is designed to validate the use of our innovative healthcare technology solution which will help their patients better manage their health and spend less time in hospital."

Sacred Heart Health System is Northwest Florida's leading provider of high-quality health care to children and adults. The hub of the Sacred Heart system is its 566-bed Sacred Heart Hospital in Pensacola that includes the regions only Children's Hospital, a Level II Trauma Center, a Cancer Center affiliated with MD Anderson Cancer Network and a Heart & Vascular Institute. The Health System also includes Sacred Heart Hospital on the Emerald Coast, a 58-bed community hospital near Destin, Sacred Heart Hospital on the Gulf, a 19-bed hospital, in Port St. Joe, and Sacred Heart Medical Group, a large regional network of primary care and specialty physicians with offices across seven coastal counties between Gulf Shores, Ala. and Apalachicola, Fla. In 2015 Sacred Heart Hospital in Pensacola was named a winner of the Truven Health 50 Top Cardiovascular Hospitals award. Sacred Heart has more than 4,000 employees and is part of Ascension Health, the nation's largest system of Catholic and non-profit health care facilities.

ON BEHALF OF THE BOARD

Dr. Lisa Crossley, CEO and Director

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Cautionary Statements Regarding Forward Looking Information

Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements".

We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.

Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Moseda Technologies Inc. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company's historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.

SOURCE: Moseda Technologies Inc.

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