Moseda Technologies Announces $250,000 Repeat Sale to Health Care Client

Moseda Technologies Inc. (TSX VENTURE:MSD)(OTCQB:FLNTF)(“Moseda” or the “Company”), a technology company focused on developing progressive mobile health (the “mHealth“) and telemedicine solutions for institutional and home healthcare, is pleased to announce that it has received a second purchase ordering totalling over CAD $250,000 from an existing client for software and hardware. The client is servicing a company in the home care market with over 50,000 patients.

“This reoccurring business demonstrates the growing need for, both hardware and software, that allows for the implementation of mHealth and telemedicine initiatives. We are witnessing first hand the growing demand from various home care and long term care providers for innovative technologies that have the potential to enhance the delivery of care and and increase operational efficiencies,” said Mr. Nick Murray, CEO of Moseda. “We look forward to rolling out additional implementations as we ramp up our sales efforts.”

As a part of the Company’s growth strategy it is currently looking to expand its business development and sales team in order to reach more clients throughout North America. The Company has also began exploring Asia as a market for its technologies and has commenced talks with three potential partners to potentially deliver them a telemedicine solution. Further updates will be provided as required.

ON BEHALF OF THE BOARD

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.

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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”.

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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.