Moseda Technologies Inc.
TSX VENTURE : MSD
OTCQB : FLNTF

Moseda Technologies Inc.

November 17, 2015 04:00 ET

Moseda Technologies Announces Pilot Project With a Seniors' Housing, Hospitality and Health Services Company

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 17, 2015) - Moseda Technologies Inc. (TSX VENTURE:MSD)(OTCQB:FLNTF) ("Moseda" or the "Company"), a technology company focused on developing progressive mobile health (the "mHealth") and telemedicine solutions for institutional and home healthcare, is pleased to announce that it has launched a pilot project with a Western Canadian based seniors' housing company (the "Client").

The Client has multiple communities in Western Canada and focuses on providing complex care, assisted living and supportive retirement living. The pilot project will commence effective November 30. As part of the pilot project, Moseda will deploy and implement its mHealth technology to help the Client manage digital health records, monitor patients' daily vital signs, track patient visits, and organize personnel. The pilot project is scheduled to complete in January 2016 in a full deployment with monthly subscription revenue.

"We are excited to be piloting our technology and demonstrating its ability to reduce manual labour, save time and increase operational efficiency for our Client," said Mr. Nick Murray, CEO of Moseda. "We look forward to working with our Client to help them embrace mHealth technology and provide outstanding patient care."

ON BEHALF OF THE BOARD

Nick Murray, CEO & Director

Neither the 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.

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.

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