Mr. Joe Walewicz reports

NEUPATH ANNOUNCES THE POSITIVE RESOLUTION OF ITS OUTSTANDING HST MATTER WITH THE CRA

Neupath Health Inc. has provided an update regarding its HST (harmonized sales tax) objection with the CRA (Canada Revenue Agency).

This past week, the company received notice that the CRA has allowed a number of the company's objections, and the CRA has issued notices of reassessment. As a result, the CRA will refund approximately $1.9-million that has been paid by and withheld from the company and is carried as a receivable on Neupath's financial statements.

"We are pleased to put this matter behind us so that Neupath can continue its focus on providing category-leading health care services to our patients," said Joe Walewicz, chief executive officer. "The return of these funds, and the resolution of this matter, will allow us to invest in our clinics and removes uncertainty for our financial partners."

About Neupath Health Inc.

Neupath operates a network of health care clinics and related businesses focused on improved access to care and outcomes for patients by leveraging best-in-class treatments and delivering patient-centred multidisciplinary care. The company operates a network of medical clinics in Ontario and Alberta that provide comprehensive assessments and rehabilitation services to clients with chronic pain, musculoskeletal/back injuries, sports related injuries and concussions. In addition, Neupath provides workplace health services and independent medical assessments to employers and disability insurers through a national network of health care providers as well as contract research services to pharmaceutical and biotechnology companies. Neupath is focused on enabling each individual the company treats to live his or her best life.

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