Simavita Releases Materials for 2014 Annual General and Special Meeting

SYDNEY, AUSTRALIA--(Marketwired - Oct. 30, 2014) - Simavita Limited (TSX VENTURE:SV)SVA ("Simavita" or the "Company") is pleased to release the materials for its 2014 Annual General and Special Meeting (the "Meeting").

It is anticipated that copies of the Notice, Management Information Circular and proxy forms and voting instruction forms (collectively, the "Meeting Materials") will be mailed no later than Tuesday, November 4, 2014. The Meeting Materials are also available on SEDAR and on our website at www.simavita.com.

As detailed in the attached Notice, the Meeting will be held at 10.00 am (Australian Eastern Summer Time) on Wednesday, December 3, 2014 at the following address:

      The offices of Dibbs Barker                                           
      Level 8, 123 Pitt Street                                              
      Sydney  New South Wales  2000                                         
      Australia                                                             

This is an important meeting for Simavita and we encourage all shareholders to vote their proxy and voting instruction forms that they will receive shortly in the mail. For further information, please visit our website (www.simavita.com) or contact the persons named below.

About Simavita

Simavita is a medical device company operating in the digital healthcare sector that has developed an innovative, world first solution for the management of urinary incontinence, with a focus on the elderly. The first product is the SIM(TM) platform technology which is an instrumented incontinence assessment application that provides evidence-based incontinence management care plans to the residential aged care market.

About SIM(TM)

SIM(TM) is a wireless sensor technology that delivers evidence-based instrument incontinence data on individuals. SIM(TM) provides user friendly tools and software to assess the incontinence condition and to help plan better outcomes. SIM(TM) is used to detect, record and report incontinence events during a compulsory or recommended assessment period in residential aged care facilities to develop an evidence-based incontinence care plan.

Conducting assessments is mandatory in many countries and the incontinence assessment creates an influential element of care of each individual. For more information on Simavita or SIM(TM), please visit www.simavita.com.

The TSX Venture Exchange has in no way passed upon the merits of the transactions set out herein and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange not its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.

Forward-Looking Information

This document may contain "forward-looking information" within the meaning of Canadian securities laws ("forward-looking information"). This forward-looking information is given as of the date of this document.

Forward-looking information relates to future events or future performance and reflects Simavita management's expectations or beliefs regarding future events. Assumptions upon which such forward-looking information is based include that Simavita will be able to successfully execute on its business plans. Many of these assumptions are based on factors and events that are not within the control of Simavita and there is no assurance they will prove to be correct.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "potential", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or information that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Simavita to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, risks related to actual results of current business activities; changes in business plans and strategy as plans continue to be refined; other risks of the medical devices and technology industry; delays in obtaining governmental approvals or financing or in the completion of development activities; as well as those factors detailed from time to time in Simavita's interim and annual financial statements and management's discussion and analysis of those statements. Although Simavita has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Simavita provides no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.

FOR FURTHER INFORMATION PLEASE CONTACT:
Simavita Limited
Philippa Lewis
Chief Executive Officer
+61 2 8405 6381


Simavita Limited
Tom Howitt
CFO and Company Secretary
+61 2 8405 6391
www.simavita.com


Media and Investor Relations: Buchan Consulting
Annabel Murphy
+61 2 9237 2800
amurphy@buchanwe.com.au