|By Marketwired .||
|December 13, 2013 04:01 PM EST||
GRAND RAPIDS, MICHIGAN -- (Marketwired) -- 12/13/13 -- Agility Health, Inc. (TSX VENTURE: AHI) ("Agility Health"), a leading provider of physical rehabilitation and software services that benefit patients, healthcare providers and employers, today announced that it has engaged Vancouver-based Ray Matthews & Associates Inc. ("RM&A") to provide capital markets and advisory services, including investor relations activities in Canada.
"Ray Matthews and his team have a proven track record in providing strategic counsel for emerging growth companies," stated Steven Davidson, CEO of Agility Health. "Agility will benefit from RM&A's broad range of experience in strategic planning, corporate development, investor relations and operational consultation, most specifically offering us a means of expanding the Company's exposure within the Canadian and international investment communities."
The agreement between Agility Health and RM&A provides for an initial term of one year, renewable for additional one-year terms by mutual agreement, and is subject to the approval of the TSX Venture Exchange. Under the terms of the agreement, RM&A will receive a monthly fee of $7,500 and was granted an aggregate of 150,000 incentive stock options, exercisable for five years at an exercise price of $0.24 per share, pursuant to Agility Health's stock option plan and the rules of the TSX Venture Exchange.
About Ray Matthews & Associates Inc.
Ray Matthews & Associates Inc. is a strategic advisory firm focusing on corporate development, M&A, strategic planning and boutique IR services to Canadian- and U.S.-based companies at all stages of development. For more information, please visit www.raymatthews.ca.
About Agility Health
Through its subsidiary and principal operating entity, Agility Health, LLC, Agility Health operates a multi-state network of outpatient rehabilitation clinics and provides contracted services to hospitals, nursing homes and other institutional clients, providing care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and a variety of other injuries and conditions. In addition, Agility Health provides a number of ancillary services related to physical rehabilitation, including practice management software systems and custom orthotics. As of December 13, 2013, Agility Health operates 74 outpatient or onsite rehabilitation locations in 17 states. Agility Health's contract therapy services business provides rehabilitative services to 41 hospitals and inpatient rehabilitation units, 36 nursing homes, long-term care facilities and other service locations in 9 states. For more information, please visit investors.agilityhealth.com.
Neither 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.
This release includes forward-looking statements regarding Agility Health and its business. Such statements are based on the current expectations and views of future events of Agility Health's management. In some cases the forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "plan", "anticipate", "intend", "potential", "estimate", "believe" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. The forward-looking events and circumstances discussed in this release, including the anticipated future growth of Agility Health, may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company. No forward-looking statement can be guaranteed. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statement or information. Accordingly, readers should not place undue reliance on any forward-looking statements or information. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Agility Health undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Agility Health, Inc.
Steven N. Davidson
Chief Executive Officer