Independence Energy Announces Name Change, FDA Clearance And U.S. Launch Of Non-Contact Thermometer

SEAL BEACH, Calif., July 2, 2014 /PRNewswire-iReach/ -- (OTC BB: IDNG)– Independence Energy Corp. ("Independence") announced today that its Thermofinder FS-700 Pro and FS-700 (retail version) non-contact infrared thermometer has received U.S. Food and Drug Administration ("FDA") clearance and is launching immediately its distribution in the United States. The FS-700 is currently being sold in Asian and European markets for both professional and retail markets. Independence has the exclusive distribution rights in North, Central and South America.

"We believe the FS-700 is superior to similar devices currently available in the market," said Howard Taylor, Independence Chairman and Chief Executive Officer. "The Thermofinder's exceptional accuracy coupled with consistent reliability and intelligent design, make it easy to use and understand. We believe these attributes will translate into mass market appeal," continued Taylor. Benefits of the FS-700 also include no cross contamination, ergonomic (one handed) operation, left or right hand use, attractive pricing, easier to use than oral or ear thermometers, built in memory and operates silently. The FS-700 is the first of several medical devices Independence expects to launch.

The Company is currently in production and awaiting delivery of units following the successful fulfillment and deployment of the sales team and has already begun the placement of additional units to satisfy follow-up orders.

The Company's manufacturing partners produce a broad range of high quality medical device products for use in the professional and home environment. The thermometry products as well the other products are FDA cleared and carry the CE certification with many other worldwide licenses.

The sales team is a proven group of medical device and supply professionals; with specific successful history in the professional and retail sales of next generation thermometry products.

To reflect the major progress achieved and as a next step in the continuance of the business plan of Independence, the Company also announces that it intends to change its name to Independence Health Corp., with the change taking effect as soon as all the filings necessary are approved.

Independence was incorporated in the State of Nevada. At its inception, Independence was an exploration stage company engaged in the acquisition, exploration and development of natural resource properties. Independence has initiated a program to divest its investments in oil and gas properties and direct its business efforts into the medical market. On March 31, 2014, Independence entered into an agreement to acquire the exclusive all of the assets of American Medical Distributors, LLC. Pursuant to the agreement, Independence has been granted the exclusive right to distribute in the Americas certain professional and consumer grade non-contact infrared thermometers known as the Thermofinder-700 Pro and FS-700 (retail version), including any and all future versions.

This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Media Contact: Julie Calzone, Calzone & Associates, Inc., (337) 235-2924 ext.18, [email protected]

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SOURCE Independence Energy Corp.