HealthSpace Data Systems Ltd. Announces Management and Director Updates

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Vancouver, BC / TheNewswire / November 1, 2016HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) is pleased to announce the appointment of Mr. Peter Smyrniotis as Chief Executive Officer.

Mr. Smyrniotis is a commercialization professional, technology advisor & entrepreneur-in-residence with Victory Square Labs and the Hillcore Group. He has 25 years’ experience in the technology industry, having developed skills, competencies and expertise in a number of areas and industries, including manufacturing, automotive, gaming, software, hardware, enterprise, e-commerce, payment processing, robotics, and augmented reality. Mr. Smyrniotis has worked with both private and public companies providing business development, strategic sales, channel & partnership and cloud brokerage strategic planning and execution. Further, he is actively involved in Mentorship with Canadian start-ups and youth entrepreneurship contributing the to the next generation successful business leaders.

Mr. Smyrniotis attended the University of Toronto during his undergraduate degree and completed a specialization in Information Technology from Royal Roads University.

Mr. Smyrniotis will step down from his position as Chief Commercialization Officer with the Company so that he can focus his time on his new role as CEO.

“Peter has been doing an excellent job as CCO of the Company and with his abundance of experience he is the perfect fit for the position. I am thrilled to pass the position on to Peter and believe he will excel as CEO and that the company will flourish under his leadership” commented Warwick Smith, outgoing CEO of the Company.

Peter Smyrniotis, CEO at HealthSpace, commented, “I am very pleased to be taking on the CEO role at Healthspace and believe that the company is well positioned for significant growth in the coming year and beyond. In 2016 HealthSpace successfully transitioned from an enterprise software service provider to a technology enabled SaaS venture that offers a best-in-class suite of tools to enable government and commercial enterprise organizations to effect governance and make a real impact on its citizens and employees. HealthSpace is actively selling its SaaS solution to government and commercial organizations, and the preliminary feedback to our demos and proposals has been overwhelming positive. For the balance of 2016 we anticipate continued sales of the new HS Cloud Suite SaaS and initial uptake of the HSData as a service product. I am excited about the future at HealthSpace and believe that we are going to deliver significant value to our customers and share-holders.”

Mr. Warwick Smith will be stepping down as CEO and a director of the Board, however, will remain with the Company in an advisory position. “As a board we would like to take the opportunity to thank Warwick for his contributions to HealthSpace. We are pleased he will remain involved as an advisor as we continue to build the Company.” Commented Ali Hakimzadeh, Chairman of the Board.

About HealthSpace Data Systems Ltd.

HealthSpace is an industry leader providing inspection, information and communication management systems for federal, state, county and municipal governments. Over the last decade the Company has successfully developed both enterprise and mobile internet-based applications currently serving over 300 state and local government organizations across North America. Clients range in size from small county organizations to state-wide systems with over 910 concurrent users, as well as national programs. HealthSpace specializes in the field of developing, installing, and maintaining inspection and regulatory management systems for environmental and public health organizations.

Forward-Looking Statements

This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although HealthSpace believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. HealthSpace expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

For more information please contact:

Peter J. Kletas

PJK & Associates Inc.

866-999-6251-Toll Free

Copyright (c) 2016 TheNewswire – All rights reserved.

Source: TheNewsWire (November 1, 2016 – 3:05 AM EDT)

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