Thursday, October 15, 2015

Moseda Technologies Announces $350,000 Purchase Order from Health Care Client

Marketwired via COMTEX – Oct 15, 2015 – Moseda Technologies Inc. (MSD) (“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 the Company has received an initial purchase order totalling over CAD $350,000 from an unnamed client for software and hardware. The client is servicing a company in the home care space with over 20,000 patients. The order will be delivered and implemented in full by the end of November.

“We are excited to be servicing this client in the health care space. The transaction validates the demand for technologies that allow for the implementation of effective mHealth and telemedicine initiatives,” said Nicholas Murray, CEO of Moseda. “Progressive health care companies and providers are seeking out technologies such as ours. We look forward to providing them with state of the art hardware and software that are specifically designed to ensure cost efficacy and improve patient care.”

The home care and long-term care market in North America is estimated to be $137 billion annually according to www.ibisworld.com.

ON BEHALF OF THE BOARD
Nicholas 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.

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