Reliq Health Technologies Announces Resignation of CFO
November 16 2018 - 8:00AM
Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq”
or the “Company”), a technology company that develops innovative
mobile health (mHealth) and telemedicine solutions for the
Community-Based Healthcare market, announces that Aman Thindal will
be resigning from the Board of Directors as well as from his
position as Chief Financial Officer to pursue other opportunities,
effective November 30, 2018.
The Company will be appointing an Interim CFO
for a brief transition period while it conducts a search for a
permanent CFO in the Greater Toronto Area, in line with the
Company’s stated intent to consolidate operations to the Toronto
area.
Aman Thindal has held the position of CFO at the
Company since its going public transaction in Vancouver in 2015.
“Aman has been instrumental to the development of the Company, and
he will be missed. We support his decision to remain in the
Vancouver area and pursue new opportunities there. We wish
him every success in his future endeavors,” said Dr. Lisa Crossley,
CEO of Reliq Health.
In addition, the Company wishes to inform
shareholders that Reliq Health and Sophic Capital have agreed to
mutually disengage on amicable terms due to the overwhelming number
of retail investor calls and emails that Sophic has received since
taking on this mandate. “We recognize that the sheer volume
of calls and emails Sophic received from our investors was simply
unsustainable for their business. We would like to thank the
Sophic Capital team for their tireless efforts on our behalf,” said
Dr. Crossley. Going forward the Company will be posting an FAQ on
the investor section of the Reliq website to address the most
common shareholder questions, and will update this section on a
regular basis as new questions relating to material disclosable
information arise.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
ABOUT RELIQ HEALTH
Reliq Health Technologies is a healthcare
technology company that specializes in developing innovative
software solutions for the Community Care market. Reliq’s powerful
iUGO Care platform supports care coordination and community-based
healthcare. The iUGO Care platform integrates wearables, sensors,
voice technology and intuitive mobile apps and desktop user
interfaces for patients, clinicians and healthcare
administrators. iUGO Care allows complex patients to receive
high quality care at home, improving health outcomes, enhancing
quality of life for patients and families and reducing the cost of
care delivery. iUGO Care provides real-time access to remote
patient monitoring data, allowing for timely interventions by the
care team to prevent costly hospital readmissions and ER visits.
Reliq Health Technologies trades on the TSX Venture under the
symbol RHT and on the OTCQB as RQHTF.
For further information contact:
Investor Relations at Reliq Health at IR@reliqhealth.com
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.
Reliq Health 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: Reliq Health Technologies Inc.
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