EasyMed Technologies Inc.: Corporate Update
SURREY, BRITISH COLUMBIA--(Marketwired - Mar 18, 2015) - EasyMed Technologies Inc. (the "Company" or "Easymed") (CSE:EZM) Is pleased to announce that it has entered into Memorandum of Understanding with Infinia IT GmbH ( "Infinia"), a private Swiss company that develops innovative technologies in the renewable energy sector.
Under the terms of the agreement Easymed has paid $100,000 for the exclusive worldwide distribution rights for all of Infinia's technology's and an option to purchase 50% of Infinia IT GmbH. for $1.9 million CAD dollars in development funding. The parties expect to execute a definitive agreement shortly.
The Company would also like to welcome Peter G. Wilson to the Board of Directors.
Mr. Wilson has been involved in the finance industry for the past 18 years acting as senior management and lead financier of multiple private and public entities. His experience spans a wide range of project development and contract negotiations within the technology mining and energy industries.
The Company continues to evaluate new opportunities, including, but not limited to, opportunities in finance and technology. At this time, no transactions are in place, nor is there any assurance that a new project will be concluded in the future.
Information on the Company can be viewed on SEDAR and under its profile on the CSE website.
On behalf of the Board
Ljubo Mikulic, President/CEO
Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
