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TORONTO, ONTARIO – CardioComm Solutions, Inc. (TSX VENTURE:EKG) (“CardioComm Solutions” or the “Company”) a global medical and consumer provider of electrocardiogram (“ECG”) acquisition and management software solutions, today announced that it has closed its previously announced shares for debt transaction under which it has issued 1,073,500 common shares of the Company at a deemed price of $0.05 per share to settle debt in the amount of $53,675 owed to Etienne Grima, the Company’s CEO, for management fees. The shares issued are subject to a four month hold period which will expire on January 2, 2016.