ROLLING MEADOWS, Ill., March 26, 2018 (GLOBE NEWSWIRE) -- OneLife Technologies Corp. (“OneLife” or the “Company”) (OTC Pink:OLMM), a mobile medical data and technologies company developing a suite of proprietary, patented, medical grade wearable tracking products to provide patients, physicians, nursing homes, and hospitals with 24/7 real-time centralized, personal, comprehensive health data, today announced the appointment of John R. Muchnicki as its Chief Operating Officer and interim principal financial officer. For the past four years, Mr. Muchnicki has assisted the Company with its product development, and as of March 19th, 2018, officially assumes the executive position of COO/CFO.
“We are very excited to have John join OneLife Technologies. His experience in financial operations and success with global business development, marketing and sales will assist us in delivering value to our shareholders,” stated Robert Wagner, CEO of OneLife Technologies, Inc. “His record of strong corporate leadership, with the proven first-mover ability to position and launch new products into the marketplace make John an ideal fit as we continue with the execution of our business plan,” added Wagner.
“I am quite honored and excited to be part of such an innovative company that is developing advanced medical technologies designed to provide 24/7 protection for the members of our growing older population, and for those with medical and health concerns. We have an opportunity to dramatically improve the current state of medical care around the world, and I am extremely pleased to be part of the team,” stated Muchnicki.
Mr. Muchnicki brings more than 25 years of experience in global business development, strategic financial planning and thought-leadership. Prior to his relationship with OneLife Technologies, from 2009-2014 John was President of Langenscheidt Publishing Group Inc., a $55 million publishing firm, a German-owned U.S. affiliate. From 2001-2009, he was Chief Operating Officer with Intellian Capital Advisors, a merchant banking firm, where he raised over $77 million on behalf of its clients, assisted in the market launch of several start-up companies, and acted as interim CEO, COO and CFO for several of its portfolio clients. From 1991 through 2000, Muchnicki was responsible for six successful turnarounds with companies operating in the medical data and scientific information industries. In particular, at Scientific America, he launched the first professional CD-ROM and in partnership with two hospital software companies, created the first in-hospital medical database for doctors to help with the diagnosis and treatment of patients. Mr. Muchnicki received his MBA from Columbia University in 1995, and BA cum laude, English/Theatre, Kean University in 1978.
ABOUT ONELIFE TECHNOLOGIES CORP.
OneLife Technologies Corp., based in Rolling Meadows, IL, is a mobile medical software/data collection company with a suite of proprietary, patented, medical grade wearable tracking technologies designed to provide patients, physicians, nursing homes, and hospitals with 24/7 real-time centralized, personal, comprehensive health data. For more information, visit: www.onelifetc.com.
Robert J. Wagner
President & CEO
OneLife Technologies Corporation
FORWARD LOOKING STATEMENTS
Certain statements contained in this news release regarding matters that are not historical facts may be forward-looking statements. Because such forward-looking statements include risks and uncertainties, actual results may differ materially from those expressed in or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, uncertainties pertaining to market acceptance for the Company’s products and services, its ability to succeed in increasing revenues in the near term to attain profitable operations and generate sufficient cash flow from operations, the effect of new competitors in its markets, its integration of acquired businesses, and other risk factors identified from time to time in its filings with the Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and current reports on Form 8-K which are available at the SEC’s website www.sec.gov. Other factors not currently anticipated may also materially and adversely affect OneLife Technologies Corporation’s results of operations, financial position, and cash flows. There can be no assurance that future results will meet expectations. While the Company believes that the forward-looking statements in this news release are reasonable, the reader should not place undue reliance on any forward-looking statement. In addition, these statements speak only as of the date made. The Company does not undertake, and expressly disclaims any obligation to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.
Source:OneLife Technologies Corp.