Moseda Provides Corporate Update

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VANCOUVER, BC, MAY 4, 2016 / – Moseda Technologies Inc. (TSXV: MSD OTCQB: FLNTF) (“Moseda” or the “Company”), a technology company focused on developing progressive mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is excited to announce that it will seek TSX Venture Exchange (the “TSXV”) approval to change the name of the Company to Reliq Health Technologies Inc. (the “Name Change”). “The name change reflects the fact that the company has evolved beyond its original concept of Mobile Secure Data (MoSeDa) for healthcare, to delivering comprehensive technology solutions that address the unmet needs of the $20 Billion Community Care market,” said Dr. Lisa Crossley, CEO of the Company. “Reliquum is Latin for ‘future’ or ‘events that are yet to happen’ and as such we feel that the name Reliq perfectly captures our intent to provide novel, innovative healthcare technology solutions for patients, families and clinicians in the community.”

In accordance with current TSXV policies, shareholder approval will not be required for the proposed Name Change. The Name Change has been approved by the Company’s board of directors.

The Company intends to change its current trading symbol in connection with the proposed Name Change. The effective date of the Name Change will be disclosed in a subsequent news release.

ON BEHALF OF THE BOARD “Dr. Lisa Crossley”
CEO and Director

For further information: CORE Capital Partners at 604-566-9233 or investors@ccpartnersinc.com

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.

orward-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.