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Ventripoint Diagnostics Ltd
Symbol VPT
Shares Issued 185,866,001
Close 2015-03-27 C$ 0.055
Market Cap C$ 10,222,630
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Ventripoint appoints PYP as U.S. military distributor

2015-03-30 08:49 ET - News Release

Dr. George Adams reports

VENTRIPOINT ANNOUNCES DISTRIBUTION PARTNER FOR MILITARY AND VA MEDICAL CENTERS

Ventripoint Diagnostics Ltd. has appointed PYP Enterprises LLC to be exclusive distributor to U.S. military hospitals, including the VA hospitals.

The Veterans Health Administration (VHA) is the largest integrated health care system in the United States and consists of 150 medical centres, nearly 1,400 community-based outpatient clinics, community living centres, vet centres and domiciliaries. With a medical care budget of more than $55-billion, VHA employs more than 288,000 staff with 53,000 independent licensed health care practitioners who provide comprehensive care to more than 8.3 million veterans each year. In addition, VHA is the nation's largest provider of graduate medical education and a major contributor to medical research.

"We are well known to the U.S. Department of Defense and VHA, and have already begun to inform them about the unique benefits of the VMS heart analysis system," stated Pio Pype, president and chief executive officer of PYP Enterprises.

"Veterans deserve the best health care possible and it is appropriate we work with PYP to bring the VMS heart analysis system to VA hospitals and other military health care centres," said Dr. George Adams, president and CEO of Ventripoint.

The VMS is approved for clinical use for selected cardiac indications in Canada, Europe and the United States.

We seek Safe Harbor.

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