Second Definitive Agreement Signed for North America
VANCOUVER, British Columbia, September 12, 2023 — UniDoc Health Corp. (CSE: UDOC) (FRA: L7T) (OTC: UDOCF) (“UniDoc,” or the “Company”), an innovator in the eHealth sector, is pleased to announce that it has entered into a definitive master equipment deployment and services agreement (the “Agreement”) with the Federation of Aboriginal Nations of the Americas (“FANA” or the “Partner”) to provide eHealth services to the member FANA Nations.
Pursuant to the Agreement, UniDoc has agreed to a master deployment agreement and framework for the leasing of certain telehealth equipment and the licensing of related software including the Virtual Care Solutions Model (“VCSM”) kiosks to FANA for monthly service fees. The VCSM is a proprietary customizable and comprehensive eHealth solution that is currently being developed by the Company and is being designed to integrate a range of physical products, web-based services, and AI analytical tools, along with access to the Company’s developing network of healthcare providers, pharmacies, and hospitals.
UniDoc CEO Antonio Baldassare notes, “We are excited to work with FANA to bring our Virtual Care Solutions Model to the people of the FANA Nations. We see a strong commitment for FANA for accessible health care for their people and UniDoc is working hard to help address that demand. Our kiosks will help to allow FANA to help health care professionals connect with patients throughout the Nations.”
FANA is a confederation of pre-colonial American Indian Tribes and Nations that are ancestral inhabitants to the lands contemporarily referred to as the Americas. They collectively to develop and implement policies, procedures and initiatives that ensure and support the public safety, economic and cultural progress, and general well-being of the FANA Member Nation Tribal Citizens.
The Company and the Partner are in progress of negotiating the initial equipment rollout of VCSM. The Partner anticipates these kiosks will be located at locations in member Nations throughout the United States and Canada. The Company also agreed to provide certain data management and telecommunications services to be used by the Partner to provide in-suite eHealth and related services in its designated facilities. The software and telecommunications services will provide the Partner with access to an authentication service and on-line portal which permits secure, live-streaming videoconferencing and transmission of diagnostic data between on-site patients physically using individual kiosks units and remote healthcare professionals accessing the portal. Medical personnel for the VCSM kiosks will be coordinated by the Company.
Grand Chief Ronald Holloway of the FANA Nations states, “We are looking forward to working with Unidoc to provide eHealth services to our Tribal Citizens. Access to adequate affordable health care has been challenge for many Indigenous communities across North American. The UniDoc health cube will help us provide health care necessary for the wellbeing of our citizens.”
On Behalf of the Board of Directors,
CEO, President & Director UniDoc Health Corp.
About UniDoc Health Corp. (CSE: UDOC) (FRA: L7T) (OTC: UDOCF)
UniDoc is developing an eHealth solution which is being designed as a self-contained remote virtual clinic within a private kiosk for patients to undergo full consultations as if they were present in a physician’s office. eHealth opens the doors to a large segment of the population challenged by access, experience or understanding of online computer technology. It is the Company’s belief that physical accessibility is the key to its business proposition. UniDoc is dedicated to unlocking shareholder value by delivering an excellent product and sophisticated commercial network within an expedited timeframe. The UniDoc team encourages engagement, questions, and interest, so please stay in touch and invite anyone who might be interested in our story to visit our website at www.unidoctor.com and signup to receive the latest information with updates on our activities, events and progress.
For further information, please contact
UniDoc Investor Relations
Tel: +1 778.383.6731
Matt Chatterton, Director
Tel: +1 778.613.2082
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This news release contains statements and information that, to the extent that they are not historical fact, may constitute “forward-looking information” within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives, or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as “may”, “would”, “could”, “will”, “will be”, “likely”, “except”, “anticipate”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, or the negative thereof or other similar expressions concerning matters that are not historical facts. Examples of such statements include, but are not limited to, statements with respect to the leasing of VCSM kiosks to FANA for monthly services fees, the Company’s primary product offering and features thereof, the delivery of the Company’s VCSM kiosks to FANA member Nations throughout Canada and the United States, the anticipated benefits of a partnership with the Partner and the Company’s commercialization of the telehealth platform.
Forward-looking information is based on the assumptions, estimates, analysis, and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. The material factors and assumptions used to develop the forward-looking information contained in this news release include, but are not limited to, key personnel and qualified employees continuing their involvement with the Company; the Company’s ability to secure additional financing on reasonable terms; the competitive conditions of the industries in which the Company operates; and laws and any amendments thereto applicable to the Company.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, without limitation, risks relating to the future business plans of the Company; risks that the Company will not be able to retain its key personnel; risks that the Company will not be able to successfully develop and commercialize VCSM kiosks for delivery to the Partner or develop and commercialize the VCSM at all; risks that the Company will not be able to produce or secure sufficient manufacturing capability to produce the quantity of VCSM kiosks requested by the Partner under the Agreement; risks that the site studies of the VCSM kiosk by the Partner will not be satisfactory to the Partner; risks that current and any future global supply chain issues will delay the development of the VCSM kiosks and ultimately the delivery of the VCSM kiosks to the Partner under the Agreement; risks that the Company and/or the Partner will not be able to secure required financing on reasonable terms or at all; geopolitical risks; as well as all of the other risks as described in the Company’s annual management discussion and analysis dated July 31, 2023 under the heading “Risks Factors.” Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company’s management to predict all such factors and to assess in advance the impact of each such factor on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.
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