Dr. Lisa Crossley reports

RELIQ HEALTH TECHNOLOGIES, INC. ANNOUNCES NEW CONTRACT WITH A LARGE US HEALTH PLAN

Reliq Health Technologies Inc. has signed a new contract with a large U.S. health plan. The health plan operates accountable care organizations (ACOs) in five states with over 3,000 doctors and more than one million patients. On boarding with this new client will begin in July with one of its ACOs in Texas, which is expected to add over 10,000 new patients to Reliq's iUGO Care platform by the end of March, 2024, at an average revenue of $65 per patient per month.

"We are very pleased to have signed our first contract with a U.S. health plan," said Dr. Lisa Crossley, chief executive officer at Reliq Health Technologies. "This new client is a pro-active health care organization that works to improve health outcomes while also reducing health care spending. The client operates large accountable care organizations (ACOs), which are groups of health care providers who work together under a value-based care model to reduce health care costs and improve quality of care. The ACOs in this client's network include over 3,000 physicians and serve more than a million patients. The remote patient monitoring, chronic care management and behavioural health integration solutions Reliq will be providing using our iUGO Care platform will support critical preventative programs to assist the ACOs in achieving their cost and quality of care objectives. The client is a subsidiary of one of the nation's largest providers of hospital and health care services and a Fortune 500 company, and is focused on community-based primary care, postacute and specialty care. We will initially begin deploying our iUGO Care platform with one of the plan's ACOs in Texas. We expect to add over 10,000 patients from this ACO to the iUGO Care platform by the end of March, 2024, at an average of $65 per patient per month with an expected 75-per-cent gross margin. This new contract is further validation of Reliq's unique value proposition in the U.S. health care market and clearly demonstrates our rapidly accelerating traction with large, multistate U.S. health care organizations."

About Reliq Health Technologies Inc.

Reliq Health Technologies is a rapidly growing global health care technology company that specializes in developing innovative virtual care solutions for the multibillion-dollar health care market. Reliq's powerful iUGO Care platform supports care co-ordination and community-based virtual health care. iUGO Care allows complex patients to receive high-quality care at home, improving health outcomes, enhancing quality of life for patients and families, and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and emergency room visits.

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