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Avadim Technologies Announces Name Change To Avadim Health, Inc.

20:00 EDT 16 Sep 2018 | Globe Newswire

ASHEVILLE, N.C., Sept. 17, 2018 (GLOBE NEWSWIRE) -- Avadim Technologies Inc. (“Avadim”), the Bionome TherapiesTM life sciences company, announced today that it is changing its name to Avadim Health, Inc. effective immediately. The name change is part of a corporate re-branding initiative to better align the Company’s name with its overall vision and mission.

Chairman and CEO Steve Woody said, “Our new name, Avadim Health, tells the story of who we are, our current accomplishments and the vision we have for future innovation.  Avadim has always been a company with a culture of rapid evolution and advancement. We believe changing the name from Avadim Technologies Inc to Avadim Health will prove to be far more reaching and epitomizes our goal to serve through impacting health.  The name change will be phased in across all aspects of the business in the relatively near future. This change reflects the significant growth of Avadim’s healthcare discoveries in recent years and provides a compass for accelerated progress in the years ahead. We are investing heavily in the future of our Company, and we will provide essential innovative solutions that ultimately change and save lives.”

Woody added, “We continue strong execution across all of our core business segments including Theraworx® Protect, indicated for hospitals and long-term care facilities and Theraworx® Relief indicated for night cramps and spasms and symptoms associated with restless legs syndrome. The success of both brands demonstrates our team's ability to identify, implement and execute innovative growth opportunities.”

About Avadim Health, Inc.:
Based in Asheville, NC, Avadim is a rapidly growing life sciences company built around the concept of serving with a vision to take healing to the nations. Avadim Health’s mission is to change lives and transform communities by identifying unmet needs and addresses them in a way nobody else has. The company offers a portfolio of advanced, safe solutions and has a strong pipeline across a broad range of health and wellness areas.

Avadim Health, Inc. Contacts:
David Fann, President
828.251.7111 Office
904.251.4910 Cell
David.fann@avadimhealth.com

Joe McGuire, Chief Financial Officer
828.251.7111 Office
904.228.2603 Cell
Joe.mcguire@avadimhealth.com

Avadim Health, Inc.
81 Thompson Street
Asheville, NC 28803
www.avadimhealth.com

Investor Relations:
KCSA Strategic Communications
Valter Pinto
212.896.1254
valter@kcsa.com
www.kcsa.com

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