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Unidoc Health Corp
Symbol UDOC
Shares Issued 42,448,131
Close 2024-06-28 C$ 0.75
Market Cap C$ 31,836,098
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Unidoc Health, Aliano to install H3 Health Cube

2024-06-28 20:09 ET - News Release

Mr. Antonio Baldassarre reports

UNIDOC HEALTH AND ALIANO MUNICIPALITY ANNOUNCE UPCOMING INSTALLATION OF H3 HEALTH CUBE

Unidoc Health Corp. is excited to work with the Municipality of Aliano (Matera) to install an H3 Health Cube at the Territorial Health Center. This initiative, driven by Mayor Luigi De Lorenzo, aims to enhance primary health care services for Aliano's citizens.

Key highlights:

  • The Health Cube centre will deliver essential health care services directly in Aliano.
  • Advanced e-health AI (artificial intelligence) and connected medical instrument technologies intended to reduce the need for long-distance travel.
  • Continuous health monitoring and remote consultations will be accessible to the community.

Mayor De Lorenzo stated: "Focusing particularly on the distances to regional hospitals and the challenges our community faces, especially to better support the fundamental activities of general practitioners, I would like to present the innovative solution of the Health Cube territorial health center by Unidoc Health from Canada. This will represent a step forward to improve territorial health care assistance for Aliano and its surrounding areas."

The purchase of the AI equipped H3 Health Cube was previously announced as part of the Italian government's designation of Unidoc Health as their preferred e-health solution for rural communities.

The geographical challenges of Aliano, with its distant regional hospitals, create significant barriers for accessing timely medical care. The nearest hospitals, such as Madonna delle Grazie Hospital in Matera (113 kilometres away) and Giovanni Paolo II Hospital in Policoro (65 km away), are difficult to reach, especially for those requiring frequent or urgent care. The Health Cube centre addresses some of these challenges by providing a range of diagnostic, monitoring and care services locally.

Equipped with telemedicine technologies and advanced medical devices, the Health Cube is designed to offer accurate diagnoses, remote specialist consultations and continuous health monitoring. These services are crucial for managing chronic diseases and providing immediate diagnostic tests. Additionally, personalized prevention programs and regular health condition monitoring will help detect anomalies early and ensure timely intervention.

By organizing continuous care and facilitating remote monitoring by doctors, the Health Cube centre will streamline health care services in Aliano. In cases of serious conditions, the centre will direct patients to the appropriate hospital departments, ensuring a faster and more efficient care pathway. This initiative is expected to help alleviate the travel burdens associated with disease prevention, monitoring and posthospitalization care.

Unidoc chief executive officer Antonio Baldassarre commented: "This collaboration with the Municipality of Aliano is a step forward in bringing advanced health care solutions to underserved areas. The installation of our Health Cube is designed to improve health care accessibility and efficiency for the local population. We are aiming to have the Health Cube onsite and installed before the end of this year."

In addition, further to the company's news release on May 21, 2024, the company has exercised its option to extend its engagement with Rumble Strip Media Inc. to provide certain social media, marketing and consulting services to Unidoc for an additional period of three months beginning on June 27, 2024. The services may include investor relations activities within the meaning of applicable securities laws and the policies of the Canadian Securities Exchange. In connection with the extension, the company has agreed to pay Rumble an additional $500,000 (U.S.) plus applicable taxes. Rumble and its principals are arm's length to the company and, to the knowledge of the company, Rumble do not own, control, or direct any securities of the company.

The company is also pleased to announce that it has received total proceeds of approximately $1,245,000 from the exercise of share purchase warrants since May 21, 2024. The warrants were issued in connection with a private placement completed on March 31, 2021.

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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