VANCOUVER, BC, January 25, 2018 / – Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on creating innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, announced earlier today that it has signed an agreement with True Life Home Health LLC in Texas to provide Reliq’s iUGO Care chronic care management, remote patient monitoring and telemedicine platform to their over 2,000 home care clients and that the contract will generate over $1,200,000 USD in gross recurring annual revenue at full deployment with patient enrolment beginning in February 2018.
At the request of IIROC, Reliq wishes to disclose that the Company now has contracts to provide its iUGO Care platform to a total of over 50,000 patients, representing over $30 Million USD in gross recurring annual revenue at full deployment with associated projected gross margins of over 80%.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
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Reliq Health Technologies Inc. (the “Company“) 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.
SOURCE: Reliq Health Technologies Inc.