Health Space Data Systems (
CSE: HS,
Forum) expanded its market footprint when the company announced today that it had signed an agreement and purchase order for the deployment of the Healthspace enterprise software application and service for the surveillance and regulatory enforcement of the City’s environmental health and consumer protection plans.
According to the
news release, the contract is valid for two years for a total contract value of US$55,140. The contract may extend up to five years upon the City of Milwaukee’s discretion.
Company CEO, Warwick Smith, commented, “We are very pleased to have been selected by the City Of Milwaukee.”
Also in the release, the company announced that it had completed a shares-for-debt settlement as previously published on March 23, 2016. The transaction was carried by the company issuing 100,000 common shares of the capital of Health Space at a price of $0.15 per share to settle an aggregate amount of $15,000 owed to one creditor for the provision of consulting services.
Health Space Data Systems was in the news recently when
the Vancouver-based company announced that it had renegotiated credit facilities at the beginning of June.
Shares were up 6.67% to $0.08 per share.
Currently there are 50.32m outstanding shares with a market cap of $3.77 million.
FULL DISCLOSURE: Health Space Data Systems is a Stockhouse Publishing client.