HCi Viocare Enters UK Innovation Competition with New Concept in Medical Imaging

ATHENS, Greece, via ETELIGIS INC., 02/25/2015 – – HCi Viocare (the "Company") (OTCQB: VICA), today announced that it has created a new product concept for real-time, non-contact and non-invasive medical imaging as part of its entry to a ‘Technology Inspired Innovation’ competition held by Innovate UK, the United Kingdom’s innovation agency.

Winners in the competition are awarded funding to support feasibility studies into new technologies with substantial and scalable commercial potential, and £2 million will be awarded in March.

HCi Viocare’s proposed solution stems from developments in the company’s ‘SocketFit’ technology and would open the company’s R&D portfolio to the wider medical imaging market.

For further information about HCi Viocare please visit the Company’s website at http://www.viocare.eu.

On behalf of the Board of Directors of HCi Viocare

Sotirios Leontaritis,

Chief Executive Officer and President

About HCi Viocare

HCi Viocare has a dual, complementary business model of 1) creating the first cross-border independent chain of Prosthetics & Orthotics (P&O) and Diabetic Foot clinics in Europe and the Middle East and 2) developing a portfolio of biomedical technologies to address unmet needs in the diabetic foot, P&O and other health & wellbeing areas, for licensing to established industry participants.

The company is listed on the OTC Markets in the USA, has its executive office in Athens, Greece and R&D centre in Glasgow, UK.

Forward Looking Statements

This press release contains forward-looking statements. Forward-looking statements are subject to risks, uncertainties and assumptions and are identified by words such as "expects", "intends", "estimates", "projects", "anticipates", "believes", "could", and other similar words. All statements addressing product performance, events, or developments that the Company expects or anticipates will occur in the future are forward-looking statements. Because the statements are forward-looking, they should be evaluated in light of important risk factors and uncertainties, some of which are described in the Company’s Quarterly, Annual and Current Reports filed with the United States Securities and Exchange Commission (the "SEC"). Should one or more of these risks or uncertainties materialize, or should any of the Company’s underlying assumptions prove correct, actual results may vary materially from those currently anticipated. In addition, undue reliance should not be placed on Company’s forward-looking statements. In particular, the Company has only recently acquired its first operational Prosthetics & Orthotics (P&O) clinic and is continuing development efforts for its other biomedical technologies. There is no assurance that the Company will be successful in its ongoing expansion and development efforts, nor that it will be successful in receiving an award or grant for any of its new technology concepts. Except as required by law, HCi Viocare disclaims any obligation to update or publicly announce any revisions to any of the forward-looking statements contained in this press release. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that HCi Viocare files from time to time with the SEC, including its Annual, Quarterly and Current Reports.

CONTACT:

HCi Viocare

Sotirios Leontaritis

Chief Executive Officer and President

info

http://www.viocare.eu

SOURCE: HCi Viocare

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