VANCOUVER, BRITISH COLUMBIA–(May 11, 2016) – Reliq Health Technologies Inc. (TSX VENTURE:RHT)(FLNTF) (“Reliq” or the “Company“), a technology company focused on developing innovative mobile health (“mHealth“) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has signed a contract with NextGen Partners LLC of San Antonio, TX (www.NextGenPartnersLLC.com, email@example.com) valued at $1.22 million US Dollars. The contract provides NextGen with professional services and a limited license to Reliq’s proprietary iUGO Health platform (formerly known as CareKit Health), specifically for the development of a consumer focused mobile health app (“Mindful Health” App) that will be provided to the residents of San Antonio, TX.
Under the terms of the agreement with NextGen, the Company will receive an upfront payment of $450,000 US Dollars.
“We are excited to be part of NextGen’s initiative to improve health outcomes and enhance access to care,” said Dr. Lisa Crossley, CEO of Reliq Health. “Our virtual care platform uses a high tech, low touch approach to provide high quality healthcare in the home while reducing the cost of care delivery. Working in conjunction with NextGen Partners, we will be able to leverage our existing platform to create a customized mobile health app that will allow the residents of San Antonio to proactively manage their own health.”
“NextGen’s partnership with Reliq Health will allow us to leverage their existing mHealth platform to provide a novel, innovative mobile healthcare solution to the citizens of San Antonio and surrounding area,” said a spokesperson of NextGen Partners. “The resulting Mindful Health mobile app will provide a telemedicine platform that connects patients to doctors and nurses anywhere where there is internet access. Mindful Health will support secure video consults for patients with doctors and nurses, providing patients with professional care from the comfort of their own home. The Mindful Health app will also provide automated prescription refills, search tools for healthcare services, a personalized health calendar with push notifications, reminders and a suite of billing and payment tools. Mindful Health will provide greater access to healthcare, while at the same time reducing healthcare costs.”
The City of San Antonio, Texas is the seventh most populated city in the United States and the second most populated city in Texas, with a population of over 1.4 million residents.
ON BEHALF OF THE BOARD
Dr. Lisa Crossley, CEO and Director
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Cautionary Statements Regarding Forward Looking Information
Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”.
We caution you that such “forward-looking statements” involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.
Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Reliq Health Technologies Inc. does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company’s historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.