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Comprehensive Healthcare Systems Inc (2)
Symbol CHS
Shares Issued 17,948,122
Close 2026-01-09 C$ 0.60
Market Cap C$ 10,768,873
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Comprehensive Healthcare hires RedChip for IR services

2026-01-13 15:02 ET - News Release

Mr. Chris Cosgrove reports

COMPREHENSIVE HEALTHCARE SYSTEMS INC. ENGAGES REDCHIP COMPANIES TO LEAD INVESTOR RELATIONS EFFORTS

Comprehensive Healthcare Systems Inc. has engaged RedChip Companies to lead its investor relations and strategic communications efforts.

"We are at a pivotal point in Comprehensive Healthcare's evolution," said Chris Cosgrove, chief executive officer of Comprehensive Healthcare. "With accelerating client wins, positive adjusted EBITDA [earnings before interest, taxes, depreciation and amortization] and continued innovation across our Novus 360 platform, we believe this is the right time to significantly expand our engagement with the investment community. RedChip's proven ability to amplify its clients' investment narratives and its broad reach among both institutional and retail investors will help us more effectively articulate our strategy, execution and long-term value proposition."

Comprehensive Healthcare has recently achieved meaningful operational and financial milestones, including multiyear enterprise client agreements, a strengthened balance sheet, and continuing enhancements to its Novus 360 health care welfare and benefits administration SaaS (software-as-a-service) platform, which is driving automation, transparency and cost containment for self-financed employers, third party administrators, pension funds, hospitals and multiemployer unions across North America.

Dave Gentry, chief executive officer of RedChip, commented: "Comprehensive Healthcare Systems has built a compelling and highly scalable platform addressing a large, underserved segment of the health care and pension administration market. The company's transition to positive adjusted EBITDA, growing enterprise client base, and continued investment in AI-driven [artificial intelligence] and compliance-focused platform enhancements position CHS for sustained growth. We look forward to working closely with management to help communicate the company's progress, vision and investment thesis to the global investment community through RedChip's integrated investor relations, media and digital distribution platform."

Under the terms of the agreement, RedChip will receive $7,500 (U.S.) per month, beginning Jan. 9, 2026, and 150,000 stock options under the company's omnibus incentive plan for six months of investor awareness services. Each option is exercisable into one common share in the capital of the company at a price of 60 cents per common share for a period of five years from the date of grant. The options vest quarterly in equal tranches over a six-month period from the date of grant, in accordance with the policies of the TSX Venture Exchange. The options are subject to the terms and conditions prescribed by the plan, the TSX-V and applicable securities laws. Comprehensive Healthcare has also agreed to pay a one-time $60,000 (U.S.) fee for a two-week national media and TV ad campaign to be aired in the first quarter of 2026, the timing of which will be mutually decided by the company and RedChip. The engagement of RedChip remains subject to TSX-V approval.

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 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 labour unions), providing health care administrative software and technology-enabled services.

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