NEWTOWN, Pa., Aug. 14, 2017 (GLOBE NEWSWIRE) -- Helius Medical Technologies, Inc. (TSX:HSM) (TSX:HSM.S) (HSM.WT.S) (OTCQB:HSDT) celebrated the company’s expansion into a new, 10,400-square-foot corporate headquarters in Newtown, Penn. The expanded space will house the company’s corporate and clinical teams, as well as a new, state-of-the-art physical rehabilitation clinic. The move supports Helius’ plans to commercialize its novel device, the Portable Neuromodulation Stimulator (PoNS™), in the first half of 2018. The PoNS is currently being investigated in clinical trials for the treatment of chronic balance deficits resulting from mild-to-moderate Traumatic Brain Injury (mTBI).

“We are delighted with our new headquarters as it allows us to continue to build our clinical and commercialization infrastructure for the PoNS™ Therapy,” said CEO Philippe Deschamps. “The Greater Philadelphia Region is known to be home to a large community of innovative pharma and biotech companies. We look forward to being a part of this community and continuing its tradition of success in the healthcare industry.”

Deschamps highlighted local programs designed to provide resources and the right environment for companies like Helius to grow, including the Advanced Manufacturing for the Medical Device Industry (AMMDI), Life Sciences of Pennsylvania and the emerging Greater Philadelphia MedTech Collaboration.

The grand opening was attended by local dignitaries, investors, and Emmy Award winning television host Montel Williams, who is an original founder of Helius and shareholder.

“Today marks a great day for Helius and I am delighted to be a part of this celebration,” said Montel Williams. “We must continue to work tirelessly to bring about new treatment options for our veterans and all others who have been affected by Traumautic Brain Injury.”

About PoNS™ Therapy

The Portable Neuromodulation Stimulator (PoNS) is an investigational non-invasive device designed to deliver neurostimulation through the tongue. PoNS Therapy combines the use of the device with physical or cognitive therapy and is currently being evaluated in a multicenter clinical trial for the treatment of chronic balance deficits for subjects with mild-to-moderate Traumatic Brain Injury.

About Helius Medical Technologies, Inc.

Helius Medical Technologies is a medical technology company focused on neurological wellness. Helius seeks to develop, license and acquire unique and non-invasive platform technologies that amplify the brain's ability to heal itself. For more information, please visit www.heliusmedical.com.