22:16:33 EDT Sat 18 May 2024
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Carebook Technologies Inc
Symbol CRBK
Shares Issued 77,752,356
Close 2023-07-18 C$ 0.065
Market Cap C$ 5,053,903
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Carebook unit expands partnership with AG Health

2023-07-19 10:48 ET - News Release

Mr. Michael Peters reports

CAREBOOK'S COREHEALTH EXPANDS PARTNERSHIP WITH BELGIUM BASED AG HEALTH PARTNER, OFFERING WELL-BEING SOLUTIONS FOR OVER 555,000 ADDITIONAL MEMBERS

CoreHealth Technologies Inc., Carebook Technologies Inc.'s wholly owned subsidiary, has expanded its partnership with AG Health Partner (AGHP), a renowned provider of holistic well-being solutions in Belgium. CoreHealth and AGHP have significantly extended the scope of their existing licence agreement, now reaching an additional 555,000 eligible members, most of whom are employees working for clients of AG Insurance, AGHP's parent company and a market leader in Belgium.

AG Health Partner continues to enhance its well-being offerings, prioritizing prevention and mental health support with the release of its mental well-being platform (My Mind). In addition to other products and services as part of parent company AG's Healthcare ecosystem, My Mind will address the growing prevalence of mental well-being concerns in work force populations.

AGHP will deliver its enhanced well-being solutions through its long-standing partner, CoreHealth. CoreHealth has rapidly established itself as a leading provider of innovative technology solutions that seamlessly connect employees and member populations to their well-being programs. Employees gain access to personalized health information, educational materials, interactive tools and engaging challenges that foster positive lifestyle changes. CoreHealth's market-leading customization capabilities ensure that organizations can create unique well-being initiatives and programming to meet the specific needs of their employee populations, ultimately driving long-term success and employee satisfaction.

CoreHealth's platform-as-a-service technology will connect AGHP's member populations to AGHP's health and wellness solutions so members can make educated health and well-being decisions. The expanded licence agreement between CoreHealth and AGHP is a testament to the successful partnership between the two organizations.

"We are delighted to expand our collaboration with AG Health Partner and support their commitment to providing engaging well-being solutions," commented Michael Peters, chief executive officer of Carebook. "Together, we will continue to support AGHP's clientele, helping their members build unique well-being solutions that inspire their employees and help them realize improved health and performance."

"Through our long-standing partnership with CoreHealth, we are able to provide our clients with the most dynamic and comprehensive corporate well-being solutions, encompassing mental, physical and social well-being," commented Ellen De Vleeschouwer, general manager at AGHP. "Expanding our licence agreement signifies our commitment to enhancing the overall well-being of our clients and their employees, ensuring a healthier and more productive work force."

The partnership marks an exciting milestone in the companies' shared commitment to making an impact on the well-being landscape, ensuring a healthier and more engaged work force for their clients.

About Carebook Technologies Inc.

Carebook's digital health platform empowers its clients and more than 3.5 million members to take control of their health journey. During 2021, the company completed the acquisitions of InfoTech Inc., a global leader in health and productivity risk management, and CoreHealth Technologies, owner of an industry-leading wellness platform. In combination, these companies create a comprehensive digital health platform that includes both assessment tools and the technology to deliver complementary solutions. Carebook's shares trade on the TSX Venture Exchange under the symbol CRBK and on the OTC Markets under the symbol CRBKF and are listed on the Open Market of the Frankfurt Stock Exchange under the symbol PMM1.

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