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September 02, 2014


FOR IMMEDIATE RELEASE                                                                          September 2, 2014
 
Media Contact:
Julie Calzone
(337) 235-2924
 
Company Contact:
Howard Taylor
(562) 799-5588
 
INDEPENDENCE ANNOUNCES APPOINTMENT OF NEW INDEPENDENT AUDITOR
 
Seal Beach, California (OTC: IDNG) – Independence Energy Corp. (“Independence” or the “Company”) announced today the appointment of Pannell Kerr Forster of Texas, P.C. (“PKF”), a member of PKF International Limited, as its independent registered public accountants effective August 26, 2014. PKF has replaced San-Diego-based PLS CPA, a professional corporation (“PLS”).
 
PLS’s reports on the Company’s financial statements for the past two years did not contain any adverse opinion or a disclaimer of opinion, were not qualified or modified as to audit scope or accounting principles. The PLS reports were modified due to uncertainty as to the Company’s ability to continue as a going concern as a result of the substantial losses reported by the Company during those two years. In the Company’s two most recent years and subsequent interim period preceding the appointment of the new auditor, there have not been any disagreements between Independence and PLS on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure that would have caused PLS to make reference to the subject matter of the disagreement in connection with its report on the Company’s financial statements. The appointment of PKF to replace PLS has been approved after a thorough evaluation by the Company’s board of directors. PKF has started providing services to the Company and is working closely with PLS to ensure a seamless transition.
 
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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 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. Forward-looking statements are all statements other than statements of historical fact. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. The words “anticipate,” “may,” “can,” “plans,” “believes,” “estimates,” “expects,” “projects,” “targets,” “intends,” “likely,” “will,” “should,” “to be,” “potential” and any similar expressions are intended to identify those assertions as 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. Further, the Company may make changes to its business plans that could or will affect its results. Investors are cautioned that the Company will undertake no obligation to update any forward-looking statements.
 
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