NEWTOWN, PENNSYLVANIA–(Marketwired – April 10, 2017) – Helius Medical Technologies, Inc. (TSX:HSM)(TSX:HSM.S)(TSX:HSM.WT.S)(OTCQB:HSDT) (“Helius” or the “Company”) announced today that it has secured its corporate headquarters by signing a 5-year lease for 10,400 square feet of space at Newtown Commons West, outside of Philadelphia. The site will serve as corporate headquarters, a clinical research site and a physical therapy training center of excellence.
“We are delighted with this move as it allows us to continue to build our clinical and commercialization infrastructure for our proprietary PoNS™ Therapy,” said Helius CEO, Philippe Deschamps. We chose Newtown because it affords us access to a large pool of clinical and commercialization talent and its proximity to major international airports.”
Helius Medical Technologies will move into its new space July 1, 2017.
About PoNS™ Therapy
The Portable Neuromodulation Stimulator (PoNS™) is an investigational non-invasive device designed to deliver neurostimulation through the tongue. PoNS™ Therapy combines the use of the device with physical therapy and is currently being evaluated in a multicenter clinical trial for the treatment of balance disorder for subjects with mild to moderate Traumatic Brain Injury.
About Helius Medical Technologies, Inc.
Helius Medical Technologies is a medical technology company focused on neurological wellness. Helius seeks to develop, license and acquire unique and non-invasive platform technologies that amplify the brain’s ability to heal itself. For more information, please visit www.heliusmedical.com.
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Cautionary Disclaimer Statement:
Certain statements in this news release are not based on historical facts and constitute forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities laws (“forward-looking statements”).
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The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking statement. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure materials, including the short form prospectus filed in connection with the Offering, its Annual Report on Form 10-K filed with the United States Securities and Exchange Commission and the Canadian securities regulators and which can be obtained from either at www.sec.gov or www.sedar.com.
Josh Berg
415-205-7891
info@heliusmedical.com
Media Relations: Helius Medical Technologies, Inc.
Becky Kern
914-772-2310
bkern@heliusmedical.com