Wellness Lifestyles Inc. Announces Proposed Name Change

July 06, 2018 9:00 AM EDT | Source: Wellness Lifestyles Inc.

Vancouver, British Columbia--(Newsfile Corp. - July 6, 2018) - Wellness Lifestyles Inc. (TSXV: WELL) (the "Company" or "WELL") is the owner and operator of Primary Healthcare facilities and Wellness Centres in Canada. The Company is pleased to announce that it intends to proceed with a name change to "WELL Health Technologies Corp."

"This name change is consistent with both our current business as a health care services provider and our over-arching objectives of modernizing and digitizing the primary healthcare marketplace," said Hamed Shahbazi, Chairman and CEO of WELL. "Our growth objectives are currently focused on 1- scaling ownership of healthcare clinics and 2- developing or acquiring technology assets that we can use to improve clinical operations and patient outcomes."

The name change is subject to TSX Venture approval and the Company will provide further updates regarding the proposed change, including the effective date, which the Company anticipates will be on or prior to July 13th.

About Wellness Lifestyles Inc.

The Company owns and operates Primary Healthcare facilities in Canada. WELL's facilities engage 34 general practitioners who serve hundreds of thousands of patient visits per year. Wellness Lifestyles Inc. was recognized as a TSX Venture 50 Company in 2018.

WELLNESS LIFESTYLES INC.

Per:        "Hamed Shahbazi"       
               Hamed Shahbazi
               Chief Executive Officer, Chairman and Director

For further information:
Wellness Lifestyles Inc.

Hamed Shahbazi
Chief Executive Officer, Chairman and Director
Tel. 604-628-7266
hamed@WELL.company
www.WELL.company

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

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