Mr. Shane Madden reports

HYDREIGHT PARTNERS WITH OLA DIGITAL HEALTH, AN INDEPENDENT, NATIONAL PHARMACY NETWORK TO PROVIDE HEALTH AND WELLNESS SERVICES IN STORE

Hydreight Technologies Inc. has entered into a partnership with Ola Digital Health, an innovative health care platform with a national pharmacy network in the United States, to provide health and wellness services inside its network of brick-and-mortar locations.

Ola is a technology company, and has been working with health care companies and retail pharmacies to deploy telehealth solutions and staffing of pharmacists, providers, nurses and nurse practitioners. Being in the pharmacy industry, Ola has developed a pharmacy network with 300 locations nationally. Ola plans to expand its network to over 1,000 locations over the next 24 months.

As part of the phase 1 rollout, Hydreight will partner with Ola in seven pharmacy locations throughout Tampa, Fla., and will provide its robust product offering, which includes: IV (intravenous) drip therapy, NAD+, GLP-1 and various other peptides in store for customers. All bookings will be completed through Hydreight's platform, and the pharmacies will promote the services and Hydreight's business to their client base. There are immediate synergies between Hydreight and Ola, and together they will provide easier access to services, an ecosystem of health care providers, and a compliant and safe experience, which, in turn, can improve patient outcomes.

Hydreight will leverage its proprietary health technology platform, doctor and nurse network, and pharmacy distribution to provide its services to patients within the brick-and-mortar locations. These pharmacy locations will also be used for customer acquisition and building awareness of Hydreight. Like Hydreight's digital platform and white-label solutions, in order to be compliant, nurses providing the services must use the company's doctor network for telemedicine visits and order products from Hydreight's pharmacy network. Hydreight will receive a percentage fee from every service provided and a markup from the products ordered.

Shane Madden, founder and chief executive officer of Hydreight, commented: "We are thrilled with this partnership and the chance to work with the Ola team, who have been visionaries and trailblazers in the health care sector. This partnership provides significant upside potential for growth, and another meaningful revenue vertical for Hydreight. To have a footprint in pharmacy locations across the United States would act as strong nurse recruitment and customer acquisition tools, as well as bring credible brand awareness to our business. As part of phase 1, we will onboard seven pharmacy locations in Florida, and I am very confident that, based on the success of those locations, we will continue expanding the partnership nationwide."

Investor webinar

The company's management team will be hosting a webinar to discuss the partnership.

Date/time:  Tuesday, Feb. 27, 2024, at 10 a.m. Pacific Time/1 p.m. Eastern Time

Registration:  register on-line

About Hydreight Technologies Inc.

Hydreight Technologies is building the largest mobile clinic network in the United States. Its proprietary, fully integrated platform hosts a network of nearly 3,000 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking and managing patient data, which enables licensed health care professionals to provide services directly to patients at home, office or hotel. Hydreight empowers nurses, med spa technicians and other licensed health care professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. The Hydreight platform hosts a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network that provides services in over 650 cities and growing.

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