Quindell Services Inc. acquired business assets of IBL-Internet Business Logic Inc. from Biosign Technologies Inc. (TSXV:BIO) for CAD 2.5 million in cash on July 31, 2015. In conjunction with the transaction, all term loans plus interest payable by Biosign to Quindell Solutions Inc. have been forgiven to settle outstanding obligations. Mark Taylor and Ron Moscona of Dorsey & Whitney acted as legal advisors for Quindell.

Quindell Services Inc. completed the acquisition of business assets of IBL-Internet Business Logic Inc. from Biosign Technologies Inc. (TSXV:BIO) on July 31, 2015.