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Wednesday, 01/17/2018 1:13:46 PM

Wednesday, January 17, 2018 1:13:46 PM

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OPSSF OS 83M Float 43M. https://www.otcmarkets.com/stock/OPSSF/news/Opsens-Reports-Q1-2018-Results---Record-Quarterly-Revenues-With-Growth-in-all-Geographic-Regions?id=180365&b=y QUEBEC CITY, Jan. 15, 2018

QUEBEC CITY, Jan. 15, 2018 /CNW Telbec/ - Opsens Inc. ("Opsens" or the "Company") (TSX: OPS) (OTCQX: OPSSF) today reported its results for the first quarter ended November 30, 2017.

Highlights

Consolidated revenues reached $6,364,000 for Q1 2018 compared with $3,745,000 for the same period last year, an increase of $2,619,000 or 70%;
Fractional Flow Reserve ("FFR") revenues for the first quarter of fiscal 2018 amounted to $3,359,000 compared with $2,743,000 for the same period last year, an increase of $616,000 or 22%;
Other medical revenues in the quarter reached $1,352,000 compared with $496,000 for the same period last year, an increase of $856,000 or 173%;
Conversion of the US$2,000,000 convertible debenture into common shares of the Company. As at November 30, 2017, Opsens had a cash position of $13.4 million ($12.6 million as at August 31, 2017).

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