Mr. Nick Brigman reports

VA SELECTS EDGE TECHNOLOGIES FOR A FIVE-YEAR CONTRACT EXTENSION TO VISUALIZE AND EMPOWER PHARMACY MONITORING AUTOMATION

Edge Technologies Inc., the operating company of Edge Total Intelligence Inc. (edgeTI), has won a multiyear, $5-million (U.S.) contract in support of the U.S. Department of Veterans Affairs (VA) CMOP (consolidated mail outpatient pharmacy) through a contract to Four Points Technology through NASA's (National Aeronautics and Space Administration) governmentwide acquisition contract solutions for enterprisewide procurement (SEWP).

The national CMOP and regional CMOPs require mission-critical metrics and control of workflows to deliver more than 500,000 prescriptions safely and efficiently to veterans daily.

"We are honoured to continue to serve our veterans by delivering real-time situational awareness and equipping VA pharmacy leaders to accomplish more efficient operations and decision-making capabilities," said Jim Barrett, chief executive officer of EdgeTI.

As a real-time, data-mesh platform, Edge TI's edgeCore platform consolidates data, enabling centralized control over several aging website portals that interactively connect all other tools used in the VA enterprise cloud.

As a result, edgeCore creates a complete interactive view of CMOP business workflow, including the ability to stop/start services and navigate levels 1, 2 and 3 monitoring system tools in context to accomplish the mission most effectively.

As part of the award, the VA performed market research that determined no other product could address the unique CMOP requirements:

• No other software products consolidate multiple monitoring tools and dashboards into one centralized overview like edgeCore.
• No other vendor has the data rights to access, provides the required automatic upgrade of the existing edgeTI visualization solutions or meets the government's requirements for unifying visualization layer, virtual data federation, data integration and robotic process automation features like edgeCore.
• The edgeCore software does not require data to be moved or copied to a separate repository; instead, edgeCore uses data in its native location (virtual data federation) -- which is a VA requirement due to security issues related to copying sensitive data, the cost of data storage and the labour associated with maintaining the data storage.
• Related training and lost time to learn a new product would take a minimum of two years to accomplish, resulting in an estimated cost of at least $6-million (U.S.).

About Edge Total Intelligence Inc.

edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore, which unites multiple software applications and data sources into one immersive experience. Global enterprises, service providers and governments are more profitable when insight and action are united to deliver fluid journeys through the platform's low-code development capability and composable operations. With edgeCore, customers improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology and cross-domain operations -- helping them achieve the impossible.

We seek Safe Harbor.