Mr. Jay Bedard reports

CLOUD DX SIGNS 6-FIGURE CONTRACT TO DESIGN NEW WEARABLE; COMPANY WILL PRESENT AT A WEBINAR AND 4 INVESTOR CONFERENCES

Cloud Dx Inc. has signed a new contract to design a wearable that tracks ECG (electrocardiogram) and other vital signs in a comfortable, wrist-based form factor.

The new wearable will become an integral part of the client's wellness solution, a unique, patented platform that tracks multiple vital signs while providing adapted daily recommendations.

This contract is valued at $115,000 CAD, plus a success fee. Cloud DX will earn a 4.5% royalty on the gross profit of all Cloud DX-designed devices sold. In addition, Cloud DX has a right of first refusal on future statements of work that would modify, improve, or iterate on the originally Cloud DX-designed Wearable device. The term of the agreement extends to September 30, 2026.

Studies have demonstrated that stress-induced changes in both males and females can have multiple negative impacts. This new solution uses proven non-invasive biofeedback mechanisms to help prospective users reduce the impact of stress, build resilience, and live longer, more fulfilled lives.

Under the agreement executed on November 10, 2023, Cloud DX will be responsible for the design of a new wrist-based wearable device that accurately records user ECG, heart rate and other metrics, and transmits that data to the client's app for analysis. As a Health Canada licensed medical device designer and manufacturer, Cloud DX has nearly 10 years of experience creating unique, award-winning medical products including the Pulsewave(TM) wrist-based blood pressure and cardiac monitor and the Vitaliti(TM) continuous vital sign monitor, winners of the XPRIZE Bold Epic Innovator Award, along with over 10 additional awards for innovation excellence.

Cloud DX CEO and Founder Robert Kaul stated, "Cloud DX is very pleased to embark on this project. Our expertise in medical device design and manufacturing allows us to deliver the highest possible quality product for the client, designed in Canada. We anticipate this contract to be the beginning of a long and fruitful partnership with an emerging leader in personalized health coaching."


Investor Webinar

Investors are invited to a Zoom webinar on January 17, 2024 at 4:00 PM Eastern Time (US and Canada). Please register in advance for this webinar:

https://us06web.zoom.us/webinar/register/WN_KUeLav5_RFeJCn6Bmfa_Lg

After registering, you will receive a confirmation email containing information about joining the webinar.

Upcoming Investor Conferences

Cloud DX is pleased to inform investors that Founder and CEO Robert Kaul will be presenting at the following investor conferences in the coming weeks:The AlphaNorth Capital Event is taking place at the Royal Atlantis Hotel and Convention Center in Nassau, Bahamas from Friday January 19th to Sunday January 21st, 2024. 31 companies are invited to attend this annual conference, meeting 1-on-1 with over 15 investment firms. Investors interested in attending are encouraged to contact Capital Event Management at info@cem.caThe Maxim Group will hold their annual Healthcare IT Virtual Conference on Wednesday January 24th and Thursday January 25th. Mr. Kaul will present an update on 2023 performance and outlook for 2024 on Day 1. Qualified investors can apply to attend this virtual event at no cost at https://m-vest.com/events/healthcare-it-01242024The Microcap Conference will be held at Caesar's Palace Convention Center in Atlantic City NJ on Wednesday January 31st and Thursday February 1st, 2024. Up to 60 companies will be presenting in person over the 2 days of the conference, which also includes a symposium and breakout sessions. Investors can learn more at https://themicrocapconference.comThe Whistler Capital Event will take place at the Fairmont Hotel, Whistler BC, from Friday February 9th to Sunday February 11th, 2024. Similar to the AlphaNorth Capital Event this conference is also presented by Capital Event Management, and investors can find more information at https://cem.ca

About Cloud DX

Accelerating digital healthcare, Cloud DX is on a mission to make healthcare better for everyone. Our Connected Health(TM) remote patient monitoring platform is used by healthcare enterprises and care teams across North America to virtually manage chronic disease, enable aging in place, and deliver hospital-quality post-surgical care in the home. Our partners achieve better healthcare and patient outcomes, reduce the need for hospitalization or re-admission, and reduce healthcare delivery costs through more efficient use of resources. Cloud DX is the co-winner of the Qualcomm Tricorder XPRIZE, winner of "2022 Top Innovator" from Canadian Business, a 2021 "Edison Award" winner, a Fast Company "World Changing Idea" finalist, and one of "Canada's Ten Most Prominent Telehealth Providers." Cloud DX is an exclusive partner to Medtronic Canada, Teladoc Health Canada, and leading hospital procurement agent Mohawk Medbuy.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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