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Assure Holdings Appoints Kent J. Lund to its Board of Directors

PARKER, Colo., April 10, 2018 (GLOBE NEWSWIRE) -- Assure Holdings Corp. (the “Company” or “Assure”) (TSXV:IOM) (OTCQB:ARHH), a provider of intraoperative neuromonitoring services, has appointed Kent J. Lund to its board of directors, effective April 9th. He will also serve on Assure’s audit committee. Lund is the Company’s fourth board member and the third serving independently.

For nearly 20 years, Lund has worked in various business, legal and securities compliance roles within the financial services industry. He currently serves as a member of the Colorado Securities Board.

Prior roles include: general counsel and chief compliance officer for SDR Ventures, a private investment banking firm; executive vice president and chief compliance officer for George K. Baum, a private securities broker-dealer; chief compliance officer for Prairie Capital Management, a multi-billion-dollar registered investment adviser; and executive vice president and general counsel for Kirkpatrick, Pettis, Smith, Polian, another private securities broker-dealer. Before working in financial services, Lund served as a law clerk for two federal court of appeals judges, in private legal practice with a large law firm, and as a domestic U.S. and international attorney for a large multinational oil, gas and petrochemical company.

“Kent is a highly-experienced business, legal and securities compliance professional that brings our board significant and complementary experience,” said Preston Parsons, Assure’s founder and chairman. “This includes building and managing compliance and legal departments, drafting and implementing securities compliance policies and procedures, as well as deep experience managing numerous SEC and FINRA inquiries and examinations. We welcome his skillset to our board and are confident his experience will be invaluable as we continue to expand our platform throughout the U.S.”

Lund has also served in public and private company director and/or corporate secretary roles, including as an independent director on two public company board audit committees.

Lund commented on his appointment: “I believe that Assure has created a unique IOM platform that has significant opportunity for long-term, national growth. I look forward to leveraging my relevant experience to strengthen the board’s focus on best practices in corporate governance as we position the company to grow its footprint and strengthen its brand position.”

Lund earned his Master of Laws from the University of Colorado Law School, his MBA from the University of Colorado, his JD with honors from Drake University Law School, and his BA magna cum laude from Midland Lutheran College. He is licensed to practice law in Colorado, Iowa and Nebraska, as well as various federal courts, including the Supreme Court of the United States.

Lund’s appointment remains subject to review and approval by the TSX Venture exchange.

About Assure Holdings

Assure Holdings Corp. is a Colorado-based company that works with neurosurgeons and orthopedic spine surgeons to provide a turnkey suite of services that support intraoperative neuromonitoring activities during invasive surgeries. Assure employs its own staff of technologists and uses its own state-of-the-art monitoring equipment, handles 100% of intraoperative neuromonitoring scheduling and setup, and bills for all technical services provided. While Assure focuses primarily on supporting spinal and vascular surgeries, plans are in place to support other classes of medicine that rely on the standard of care that intraoperative neuromonitoring provides. For more information, visit the company’s website at assureIOM.com.

Forward-Looking Statements

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that Assure anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, comments with respect to strategies, expectations, planned operations and future actions of the Company. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Assure to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to Assure, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement.

Neither the 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.

The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Contacts

Peter Csapo, Chief Financial Officer
Assure Holdings Corp.
(720) 287-3093
Peter.Csapo@assureiom.com

Cody Slach, Managing Director
Liolios Investor Relations
(949) 574-3860
IOM@Liolios.com

Source:Assure Holdings Corp.