Syncordia Announces New Chief Technology Officer

World Class Execution relies on World Class Talent

TORONTO, May 9, 2016 /CNW/ - Syncordia Technologies and Healthcare Solutions, Corp. (TSXV: SYN) ("Syncordia" or the "Company") today announced that it has hired Chief Technology Officer, Andy Tran.

Mr. Andy Tran, has over 21 years of hands-on experience in the technology industry. His vertical experiences include software-as-a-service (SaaS), print-and-fulfillment, healthcare, and financial services. Prior to joining Syncordia, Mr. Tran held senior management positions at leading companies including Unisource, Bertelsmann, Microsoft, and the Travelers. He has been instrumental to the conceptualization and architecture of many industry-changing Cloud-based Online and Mobile products.  The last 15 years he has been hands-on in Start-Ups, Turnarounds, and Mergers & Acquisitions.

In his spare time, Mr. Tran loves tinkering with new technologies while trying to improve his golf game on the weekends. Mr. Tran holds a Bachelor of Science degree in Computer Science from the University of Minnesota and received his Masters in Business Administration from Texas A&M University.

Mr. Franks CEO of Syncordia added, "We are very pleased to have Andy joining our executive team. We took the extra time required for Andy to meet the team and understand the Syncordia DNA and the vision for Syncordia Cloud before making the final hiring selection. Andy is off and running on our efforts to commercialize many aspects of the Syncordia Cloud."

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 RCM businesses with and without software and, improve their profitability by increasing revenues and operating efficiencies using our software, and in time, commercializing the Syncordia Cloud, our cloud-based software offering, to provide customer demanded turn-key solutions from a single provider and to address compelling RCM market opportunities. 

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.

Forward Looking Statements

Certain statements herein may be "forward looking" statements that involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Syncordia or the industry to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the results discussed in the forward looking statements. These forward looking statements reflect current assumptions and expectations regarding future events and operating performance and are made as of the date hereof and we assume no obligation, except as required by law, to update any forward looking statements to reflect new events or circumstances.

SOURCE Syncordia Technologies and Healthcare Solutions, Corp.

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