CodeSmart Holdings, Inc. Announces Governor David A. Paterson Joins Corporate Advisory Board

NEW YORK, March 13, 2014 /PRNewswire/ -- CodeSmart Holdings, Inc. (ITEN), along with its subsidiary, The CODESMART^TM Group, Inc. (collectively, "CODESMART"), a premier ICD-10 education and solutions group that offers CODESMART^TM UNIVERSITY, its online education solution and customizable training solutions, announces that the former Governor of the State of New York, David A. Paterson has joined the Advisory Board of CodeSmart Holdings, Inc. 

"It's an honor to have such a visionary leader join our Advisory Board," said Ira Shapiro, Chairman and CEO of CODESMART™.  Governor Paterson's advice and counsel will help CODESMART™ with its business development initiatives and enhance its mission in preparing our company for continued growth and advancement in healthcare and more specifically, in ICD-10 Medical Coding," continues Mr. Shapiro.

"Governor Paterson is truly committed to the state of New York and understands the merit CODESMART™ adds to the state and its citizens.  His insight into government and business will be critical to our organization, as we continue to seek innovative ways to partner with healthcare organizations and educate new coders, existing coders and physicians in ICD-10 Medical Coding.  With Governor Paterson's assistance, many doors will open and we can further reach the unemployed, veterans and individuals with physical disabilities, educate them in ICD-10 medical coding and assist them with job placement in the medical coding field," added Mr. Shapiro.

"CodeSmart™ University provides people with the unique opportunity to learn about an exciting new field online," said Governor Paterson.  "People can now go online in the evenings or whenever suitable for their busy lives and receive a quality education at their own convenience.  This can provide a pathway to meaningful jobs for people who have skills but have been diverted to this point due to the sometimes rigorous time constraints of our daily lives." 

David A. Paterson became New York's 55th governor on March 17, 2008.  Governor Paterson left behind a legacy in Albany of sound fiscal management and a strong focus on job creation while protecting the state's most vulnerable during one of the most difficult economic periods in our nation's history.  In total, the Paterson administration shaved $42 billion from the state deficit and was responsible for the creation of over 10,000 new jobs and the retention of more than 19,000 jobs in New York State. 

Governor Paterson is nationally recognized as a leading advocate for the visually and physically impaired. The Governor earned his bachelor's degree in History from Columbia University in 1977, and completed his J.D. at Hofstra Law School in 1982 and is currently a Visiting Professor at Touro College.

About CodeSmart™

CodeSmart Holdings, Inc. (OTCQB: ITEN) with its subsidiary, The CODESMART™ Group, Inc., is a premier national subject matter expert for ICD-10 education and compliance in the United States. Its product, CODESMART™ UNIVERSITY, is an on-line program of study for existing coders, new coders, clinicians, and healthcare roles of all types. Created by a combination of a leading panel of ICD-10 subject matter experts and a major four-year accredited university, which contributed the nation's top course designers and a platform that already provides interactive education to more than 60,000 students per year in degree programs. The ICD-10 training also includes live professors who work with and guide students through the programs of study in ICD-10.

CODESMART™ UNIVERSITY is endorsed by over 60 colleges and universities nationwide for its quality of education. The CODESMART™ Group, Inc. also provides solutions for ICD-10 transition, outsource coding, coding audits, critical documentation improvement and the revenue cycle continuum.

To learn more about The CODESMART™ Group's proprietary programs, visit www.codesmartgroup.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995  

Certain written and oral statements made by CodeSmart Holdings, Inc. may constitute "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Forward-looking statements are identified by such words and phrases as "we expect," "expected to," "estimates," "estimated," "current outlook," "we look forward to," "would equate to," "projects," "projections," "projected to be," "anticipates," "anticipated," "we believe," "could be," and other similar phrases. All statements addressing operating performance, events, or developments that either expect or anticipate will occur in the future, including statements relating to revenue growth, earnings, earnings-per-share growth, or similar projections, are forward-looking statements within the meaning of the Reform Act. Because they are forward-looking, they should be evaluated in light of important risk factors that could cause actual results to differ materially from anticipated results. The information provided in this document is based upon the facts and circumstances known at this time. CodeSmart Holdings, Inc. undertakes no obligation to update these forward-looking statements after the date of this release.

SOURCE CodeSmart Holdings, Inc.