Mr. Chris Cosgrove reports

COMPREHENSIVE HEALTHCARE SYSTEMS INC. SIGNS MEMORANDUM OF UNDERSTANDING WITH LARGE HEALTH INSURANCE ADMINISTRATOR FOR A FIVE-YEAR PARTNERSHIP

Comprehensive Healthcare Systems Inc. has signed a non-binding memorandum of understanding (MOU) with a large health insurance benefits administrator in the Taft Hartley multiemployer union space. This agreement outlines a strategic five-year partnership aimed at driving innovation, improved operational efficiency and measurable growth for both parties. The MOU was formalized on Aug. 12, 2025.

The MOU serves as the foundation for detailed contractual agreements, which will include specific project planning for software and technology. The company has been working diligently over the past few weeks on the agreement, which is expected to be finalized in the coming weeks, setting the stage for a full-scale implementation of the company's Novus360 solution. Further details of the contract are expected to be released in a future press release.

Under the terms of the MOU, CHS will collaborate closely with this new client to deliver its Novus360 suite of health care benefits and pension administration solutions, technology implementation, service delivery and integration support. This agreement affirms both organizations' commitment to leveraging advanced technology, industry expertise and shared resources to achieve mutual objectives.

"This MOU marks a significant milestone for our growth strategy and underscores the trust that this large organization has placed in us," said Chris Cosgrove, chief executive officer of Comprehensive Healthcare Systems. "Over the next five years, we look forward to working together to deliver results that will transform how our new client will deliver health care benefits and pension administration and set new benchmarks for success in the industry."

About Comprehensive Healthcare Systems Inc.

Comprehensive Healthcare Systems is a corporation incorporated under the laws of the Province of Alberta and is the parent company of Comprehensive Healthcare Systems Inc. (Delaware). The company is a vertically integrated software-as-a-service (SaaS) company focused on digitizing health care with health care benefits administration solutions, providing reliable and high-volume-transaction-capable systems. The company's state-of-the-art Novus 360 health care welfare and benefits administration (HWBA) SaaS platform is used by clients for all aspects of health care benefits administration (including self-financed employers, providers and labor unions), providing health care administrative software and technology-enabled services.

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