Helius Medical Technologies, Inc. Announces Consulting Agreement and Grant of Options

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07/14/2014 [ACCESSWIRE]

NEWTOWN, PENNSYLVANIA AND VANCOUVER, BRITISH COLUMBIA / ACCESSWIRE / July 14, 2014 / Helius Medical Technologies, Inc. (CSE: HSM) ("Helius" or the "Company") is pleased to announce that it has retained Brian Bapty, Ph.D., as a consultant. Dr. Bapty received his Ph.D. in Experimental Medicine and his B.Sc. in Cell and Developmental Biology from the University of British Columbia. His extensive experience in capital markets and prior work with institutional investors will be invaluable as the Company continues to attract investor interest and build shareholder value with the development of its patent pending technology that is believed will enable the first non-invasive means for delivering neurostimulation through the oral cavity (the "PoNSTM").

The Company will grant stock options to Dr. Bapty to purchase up to 100,000 common shares at a price of CAD $2.52 per share, exercisable until July 14, 2017, with one-quarter of such stock options vesting on the date of grant and the remaining three-quarters vesting quarterly on September 30th and December 31st 2014, and March 31st, 2015.

For further information, please contact:

Phil Deschamps, President, CEO & Director

Helius Medical Technologies, Inc.

Telephone: 1-267-756-7028 ext. 1061

Email: pdeschamps@heliusmedical.com

CAUTIONARY DISCLAIMER STATEMENT: The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.


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