TORONTO, ONTARIO -May 21, 2013. CardioComm Solutions, Inc. (TSX VENTURE:EKG) (“CardioComm Solutions” or the “Company”), today announced that the Company has issued 29,201 shares to Mr. Simi Grosman, an independent member of the board of directors, for services rendered to the Company in the months of January, February and March of 2013. The shares were issued at a 5% premium to the closing price of the Company’s shares at the end of each month. The total value of the shares issued was $4,500; the shares were issued pursuant to a services agreement dated January 11, 2013. The shares are subject to a four month hold period which will expire on September 16, 2013.
“In response to growing interest in our medical devices from international distributors, Mr. Grosman has assumed an increased role in the management of our North American relationships,” confirmed Etienne Grima, CEO of CardioComm Solutions. “With anticipated distributor sales and our now patent pending SMART Monitoring 30 minute ECG reporting service moving forward, now is the prudent time to develop a dedicated North American sales and marketing lead.”
