Moseda Announces Global Partnership With Leading Bluetooth Beacon Manufacturer

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VANCOUVER, BRITISH COLUMBIA--(Dec. 15, 2015) - Moseda Technologies Inc. (TSX VENTURE:MSD) (OTCQB:FLNTF) ("Moseda" or the "Company"), a technology company focused on developing progressive mobile health (mHealth) and telemedicine solutions for institutional and home healthcare, is pleased to announce that it has selected as a hardware partner.

Moseda and are proud to announce a partnership to provide Bluetooth asset tracking for the health care industry. This partnership will allow clients to manage a growing list of assets, from wheelchairs and medical equipment to vehicles and personnel.

"We have seen a high demand in the health care space for medical asset tracking solutions," explains Moseda CEO, Nick Murray. According to a survey, "more than one-third of nurses spend at least an hour finding items of equipment during an average hospital shift, while, on average, a further hour is spent helping other wards locate items." (Nursing Times, 2009)

The inability to find and track medical equipment is an operational inefficiency of great concern within the health care sector. It is estimated that equipment and supply theft costs U.S. hospitals $4,000 per bed each year. (VHA Survey, 2010)

"We are thrilled to be working with Moseda to provide effective, real-time asset management to help reduce costly operational inefficiencies within the health care industry," said CEO, Szymon Niemczura.

With 14,000 customers in over 100 countries all around the world, is known as one of the top manufacturers of beacon technology.

"After careful review of multiple beacon manufacturers, we selected for their long range, tough hardware and proven success in the market," said Murray. "We are committed to serving our clients with state-of-the-art software and hardware, which is why it was important to select a partner that has a proven track record of quality and innovation in the market."

Moseda is excited to support asset tracking to help its health care clients decrease costly operational inefficiencies. At a price point of $20, clients can quickly and easily begin managing their assets without heavy ongoing costs.


Nick 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.

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.

Moseda 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: Moseda Technologies Inc.

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Symbol Name Price Change % Volume
RHT:CA Reliq Health Technologies Inc. 0.15 -0.01 -3.33 183,500


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