SOURCE: Northstar Healthcare Inc.

Northstar Healthcare Inc.

December 05, 2014 06:00 ET

Northstar Healthcare Is Now Nobilis Health Corp.

HOUSTON, TX--(Marketwired - Dec 5, 2014) - Northstar Healthcare Inc. (TSX: NHC) has changed its name to Nobilis Health Corp.

"We are happy to introduce our patients, physician-partners, and investors to Nobilis Health Corp.," said Harry Fleming, Nobilis' President. "This change is necessary as part of our expansion into the U.S. capital markets. By changing to 'Nobilis' we will avoid potential confusion with companies and funds using the 'Northstar' name on exchanges in the United States. We have a registration statement currently pending with the United States Securities and Exchange Commission and we expect to obtain a dual listing on a notable United States exchange in early 2015. Nobilis will continue to trade on the TSX under the symbol 'NHC.' The company will begin trading on the TSX under the name 'Nobilis Health Corp.' in the next several trading days pending final TSX clearance."

About Northstar Healthcare Inc.

Northstar partners with physicians in the ownership and management of ambulatory and acute care facilities and healthcare services. Northstar owns and manages interests in five ambulatory surgery centers, three in Houston, one in Dallas, and the fifth in Scottsdale, Arizona. In addition, Northstar owns one acute care hospital in Houston. Northstar also owns and manages interests in two imaging centers and one urgent care clinic in Houston.

Forward-looking statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) and financial outlooks relating to the business of Northstar Healthcare Inc. (the "Company") and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions and may discuss future expectations, contain projections of future results of operations or of financial condition, or state other forward-looking information. These statements are based on the Company's expectations, estimates, forecasts and projections and while the Company considers these to be reasonable based on information currently available, they may prove to be incorrect. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. These risks and uncertainties are discussed in the Company's regulatory filings available on the Company's web site at www.Northstar-Healthcare.com or at www.sedar.com. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. Other than as required by law, the Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances.