03:59:52 EDT Tue 07 May 2024
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Dialogue Health Technologies Inc
Symbol CARE
Shares Issued 67,189,866
Close 2023-07-13 C$ 3.05
Market Cap C$ 204,929,091
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Dialogue to provide wellness tech to Sun Life U.S.

2023-07-13 09:13 ET - News Release

Mr. Cherif Habib reports

DIALOGUE ENTERS INTO LICENSE AGREEMENT WITH SUN LIFE U.S.

Dialogue Health Technologies Inc. has reached an agreement with Sun Life U.S. to license its platform and distribute its services to members in the United States. The platform will be used to provide a modern health and wellness experience to members of Sun Life's U.S. Health and Risk Solutions business, empowering them to take pro-active action on their health and improve health outcomes. This agreement deepens Dialogue's partnership with Sun Life, which was established in Canada in March, 2020.

In the first phase of the agreement, Sun Life U.S. will develop a program using Dialogue's platform to engage approximately 600,000 members at meaningful moments in their health journey and help them take pro-active health actions. The agreement includes the potential to extend the program in the coming years.

"We are very excited to partner with Sun Life U.S. to help support their members and drive positive health outcomes," said Cherif Habib, chief executive office of Dialogue. "This agreement also represents a significant milestone in Dialogue's growth strategy, providing exposure outside our home market of Canada. We are pleased to bring our technology and services to the United States, and to do so with a partner that has depth and breadth of expertise, and provides us with immediate scale in the market."

Sun Life U.S. will also have the opportunity to add other capabilities to the licensed platform in the future.

Alexis Smirnov, chief technology officer of Dialogue, added: "We have been growing the Dialogue platform for over seven years, and believe it is a tremendous resource to drive positive health and business outcomes, which benefit from the seamless integration of services that our platform makes possible. With Sun Life, we believe our platform will enhance their ability to address the health and wellness needs of their members, and increase engagement."

About Dialogue Health Technologies Inc.

Incorporated in 2016, Dialogue is Canada's premier virtual health care and wellness platform, providing affordable, on-demand access to quality care. Through its team of health professionals, the company serves employers and organizations that have an interest in the health and well-being of their employees, members and their families. Dialogue Health's Integrated Health Platform is a one-stop health care hub that centralizes all of its programs in a single, user-friendly application, providing access to services 24 hours per day, 365 days per year from the convenience of a smart phone, computer or tablet. Dialogue is the first virtual care provider to receive the Accreditation Canada Primer award, a third party validation of safety and high-level quality of care.

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