Back to Newsroom
Back to Newsroom

Auxellence announces Market Clearances for its Medical Device Manufacturer; Highlights Updates to Shareholders

Friday, 26 September 2014 05:45 PM

Auxellence Health Corporation

Topic:

VANCOUVER, BC / ACCESSWIRE / Friday, September 26, 2014 / Auxellence Health Corporation (CSE:AID) today announces that its medical device manufacturer (ISO 13485) has received all market clearances for sales in Canada and the European Union.

Auxellence has been very active for this year to date and would like to recap and highlight some of its accomplishments.

 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
 |2014 HIGHLIGHTS RECAP                                                                                                                                                                                                                                               |
 |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
 |–  Auxellence acquires the intellectual property underlying the company’s interactive health care system (subject to certain terms and conditions).                                                                                                                 |
 |–  Auxellence extends a General Service Agreement (GSA) in principle with a medical device manufacturer covering scientific research and experimental development, production and commercialization operations.                                                     |
 |–  Auxellence enters into an agreement with a venture capital firm (Intrinsic Venture Corp.) to participate in debt and equity financing of the Company and to assist in developing a United States rollout strategy for the Company’s Health Technology and System.|
 |–  Auxellence receives Final Order to complete a Plan of Arrangement from Supreme Court of BC.                                                                                                                                                                      |
 |–  Auxellence signs a USA Distribution Agreement.                                                                                                                                                                                                                   |
 |–  Proceeds of former debt financings participate in equity financing totaling approximately $1.15 million for the 2014 year to date. (4 Early Warning Reports for significant shareholders result from Financing or other Shares or Asset acquisitions).           |
 |–  Our medical device manufacturer (ISO 13485) has received market clearance for sales in Canada and European Union.                                                                                                                                                |
 ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

Contact:

Sydney Au, CEO

Auxellence Health Corporation

Email: [email protected]

Phone: (604) 780-3311

About Auxellence Health Corporation (CSE:AID)

Auxellence is a technology company engaged in the provision of biomedical online services for common health problems. The company offers an extensive platform for physiologically interactive computing supporting therapeutic-diagnostic (theranostic) devices, expert systems, and recommender applications for personal health management. The initial focus is on weight management and skin conditions.

Disclaimer for Forward-Looking Information

Statements in this press release regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "will", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated in such statements due to factors. The Company does not intend to update any changes to such statements, except as required by law. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

 

SOURCE: Auxellence Health Corporation 

Topic:
Back to newsroom
Back to Newsroom
Share by: