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Unidoc Health Corp
Symbol UDOC
Shares Issued 36,565,290
Close 2024-06-04 C$ 0.51
Market Cap C$ 18,648,298
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Unidoc sells three H3 Health Cubes to Italian client

2024-06-04 12:05 ET - News Release

Mr. Antonio Baldassarre reports

UNIDOC TO SUPPLY AI-ASSISTED EHEALTH CUBES TO AID GROUP

Unidoc Health Corp., in conjunction with its Italian partner, UniCheck SRL, has entered into a supply agreement with Aiutamoli a Vivere Foundation (AVF) of Terni, Italy, for the purposes outlined as follows.

Key take-aways:

  • Unidoc completes sale of H3 Health Cubes;
  • Sale includes three cubes, with the intent to expand to 15 units;
  • Aid group Aiutamoli a Vivere Foundation to use these in Ukraine and the Gaza Strip.

Pursuant to the agreement, Unidoc has agreed upon the initial sale of up to 15 H3 Health Cube health stations as part of AVF's objective of providing support to Ukrainian and Gazan peoples severely affected by conflict, through the placement of Health Cube health stations to provide territorial e-health services.

Antonio Baldassarre, chief executive officer of Unidoc, noted: "We are excited to take this first step with the foundation. This partnership represents an important milestone in our mission to improve health care delivery to all people that need it. By combining our experience and technology capability with the foundation's leadership and systems integration, we are confident that, together, we will make this trial a success."

The Aiutamoli a Vivere (Let Them Live) Foundation has been operating in countries through the Franciscan Missions with great social and humanitarian successes recognized by local governments as well as by Italian, European and related world assistance organizations. The roots of the foundation go back to work done to help the children affected by the Ukraine Chernobyl nuclear disaster in 1986. These initial works created the conditions for the official establishment of the foundation in 1992 by two founding members: Vincenzo Bella (friar of the Conventual Minors) and Dr. Pacifici Fabrizio.

Since the outbreak of the war in Ukraine in February, 2022, the foundation has supported not only the reception of Ukrainian mothers with their children in Italy but has promoted an intense activity of sending humanitarian aid, in agreement with the local authorities, carrying out 13 missions in Ukraine and obtaining the accreditation of the Ministry of Justice (No. 197/19.4 of July 24, 2023) to operate on Ukrainian territory.

As an integral part of the agreement, AVF will directly manage relationships with its Ukrainian partners to co-ordinate the distribution of H3 units at select territorial or institutional entities with the local references necessary for the managed progress of the project and relations with the Ukrainian government. Design, production, transport and installation will be managed and co-ordinated by Unidoc.

The foundation is also supporting aid missions now beginning for the population of Gaza.

Terms of the sale are based on the agreed-upon unit price, which is anticipated to include per-unit transport, assembly and training on site. The initial shipment of three units, based on current estimated fabrication lead time, is expected to be delivered in Q3 2024, and the cubes are expected to be installed by Unidoc with the relevant training completed within this time frame.

Dr. Pacifici, president and legal representative of the foundation, said: "We believe rural and disadvantaged populations who use the Unidoc remote smart health clinics will benefit from this collaborative effort which will then lead to accessible, equitable and inclusive health care for all, regardless of location or socio-economic status. By bringing advanced health services directly to underserved communities, our creative solutions aim to address the challenges of geographic distance, transportation limitations and lack of health infrastructure in remote areas. We expect this will have a positive impact on communities in need, improving patient health outcomes and improving their overall well-being."

About Unidoc Health Corp.

Unidoc is developing an e-health 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. E-health opens the doors to a large segment of the population challenged by access, experience or understanding of on-line 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 time frame.

We seek Safe Harbor.

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