HealthSpace Announces DTC Eligibility For Its Shares Traded On The OTC Markets Under The Symbol HDSLF

VANCOUVER, April 30, 2018 /CNW/ - HealthSpace Data Systems Ltd. (the "Company" or "HealthSpace") (CSE:HS) (Frankfurt:38H) (OTC:HDSLF) is pleased to announce that it has secured DTC eligibility from the Depository Trust Company for its shares traded on the OTC Markets under the symbol HDSLF.

The DTC is a subsidiary of the Depository Trust & Clearing Corp. (DTCC) and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered DTC eligible. This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

Being DTC eligible is expected to simplify the process of trading and exchange the company's common stock on the OTC marketplace in the United States.

About HealthSpace

HealthSpace is an industry leading technology company currently providing inspection, information, communication and data management systems for federal, state, county and municipal governments. Over the last decade, HealthSpace has successfully developed both enterprise and mobile internet-based applications currently serving over 300 state and local government organizations across North America. HealthSpace currently offers the only integrated inspection, administration and analytics product suite across all platforms in North America. Further, HealthSpace now delivers inspection and auditing systems to private businesses enabling them to gain visibility and predictability into their operations to improve performance and safety. As HealthSpace continues to deliver focused service and innovative solutions to government and business organizations, it is developing advanced blockchain technology to revolutionize service delivery to its core market while expanding into other commercial enterprise verticals.

Forward-Looking Statements

This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although HealthSpace believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. HealthSpace expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE HealthSpace Data

HealthSpace Data Systems Ltd., Contact: Ali Hakimzadeh, Chairman, HealthSpace Data Systems Ltd., 604-306-5720, [email protected]