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Syncordia Announces Change of Auditor

TORONTO, July 17, 2017 /CNW/ - Syncordia Technologies and Healthcare Solutions, Corp. (TSXV: SYN) ("Syncordia" or the "Company") announces that it has changed its auditor from PricewaterhouseCoopers LLP (the "Former Auditor") to MNP LLP (the "Successor Auditor"), effective July 5, 2017.

At the request of the Company, the Former Auditor resigned as auditor of Syncordia effective July 5, 2017 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective on the same date until the next Annual General Meeting of the Company.

There were no reservations in the Former Auditor's reports in connection with the Company's most recently completed fiscal year (2016) or for any period subsequent to the most recently completed period for which an audit report was issued preceding the date of the Former Auditor's resignation.  There are no "reportable events" (as that term is defined in National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102")) between Syncordia and the Former Auditor.

In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the audit committee and the board of directors of the Company and have been filed on SEDAR.

About Syncordia Technologies and Healthcare Solutions, Corp.

We are a technology enhanced revenue cycle management ("RCM") company focused on underserved niche segments of the healthcare industry. We are focused on using our proprietary software suite as an accelerator for growth. We are building a diversified software and services business by consolidating healthcare billing providers. Our growth strategy is to acquire revenue cycle management/medical billing businesses with and without software, improve their profitability by increasing revenues, operating efficiencies and margins.  Syncordia will leveraging proprietary software to manage scale, drive better customer experiences and enhance margins while driving a competitive sustainable profile.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Syncordia Technologies and Healthcare Solutions, Corp.

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