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GreeneStone Healthcare Appoints Ken Lorimer as CFO

TORONTO, April 4, 2013 (GLOBE NEWSWIRE) -- GreeneStone Healthcare Corporation, a Colorado corporation (OTCBB:GRST) (OTCQB:GRST) ("GreeneStone" or the "Company"), a provider of healthcare services and operator of several mental health clinics, announces the appointment of Ken Lorimer as the Company's Chief Financial Officer on March 22, 2013.

GreeneStone's Chief Executive Officer, Shawn Leon, commented, "We are very pleased with the appointment of Mr. Lorimer to the position of chief financial officer. Over the past two years Ken has established himself as a highly respected member of the finance team, and brings with him a proven record of reliability and oversight to the Company's accounting functions. We find this to be a natural progression, and a well-deserving opportunity for him. Ken is a welcomed addition to our executive management team, especially as we execute the next phase of GreeneStone's growth strategy."

Prior to Mr. Lorimer's appointment, he served as the Company's primary accountant from March 2011 to March 2013, where he oversaw all of the Company's accounting functions. Prior to joining the Company, from January 1994 to February 2011, Mr. Lorimer operated as sole practitioner providing management consulting services to various companies in industries from manufacturing to real estate development. Prior to starting his management consulting practice, from 1984 to 1993, Mr. Lorimer served as the Chief Financial Officer of Terrazzo Mosaic & Tile Company Limited, which was one of the largest commercial finishing trade companies in North America. Mr. Lorimer received his Bachelor of Business Management from Ryerson University in 1979.

About GreeneStone Healthcare Corporation

GreeneStone Healthcare Corporation (OTCBB/QB:GRST) operates medical and healthcare clinics in Ontario, Canada. GreeneStone's clinics serve to add overflow capacity to an increasingly stretched provincial healthcare system, and to provide private alternatives to publicly available healthcare services. Its four medical clinics (three in Toronto, along with a facility in Muskoka, Ontario) offer various medical services, including addiction treatment, endoscopy, minor cosmetic procedures and executive health care services. The Company currently has more than 60 employees and is based in Toronto, Ontario.

For further information on GreeneStone and to receive future news, investor newsletters and other information, please visit www.greenestoneclinic.com or contact us at info@greenestone.net.

FORWARD LOOKING STATEMENTS

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

CONTACT: Investor Contact: CSIR Group (212)386-7082 info@csirgroup.comSource:GreeneStone Healthcare Corporation