Dr. Lisa Crossley reports

RELIQ HEALTH TECHNOLOGIES, INC. ANNOUNCES NEW CONTRACT WITH US PHYSICIAN NETWORK WITH OVER 300 LOCATIONS AND OVER 750 PHYSICIANS NATIONWIDE

Reliq Health Technologies Inc. has signed a new contract with a physician network with over 300 locations across the United States. The network includes over 750 physicians and is expected to add over 100,000 new patients to the platform by the end of 2025. Onboarding will begin next month.

"This is another substantial new contract for Reliq," said Dr. Lisa Crossley, chief executive officer of Reliq Health Technologies. "This new client further expands our nationwide presence in the U.S. with more than 750 physicians and over 300 locations across the U.S. in their network. The contract is expected to add 100,000 eligible patients to our platform over the next two calendar years. The client was referred to us by one of our existing skilled nursing facility network clients, further demonstrating that Reliq has established itself as the gold standard for virtual care for chronic disease patients. Health care customers are very conservative due to the highly regulated environment in which they operate and the critical impact their decisions have on the health and safety of their patients. The fact that Reliq acquires so many of our clients through referrals and word of mouth is a testament to our unique value proposition in this market. Our iUGO Care platform is user friendly for both patients and clinicians, and has been proven effective in improving health outcomes and reducing health care spending. The iUGO Care system has been shown to reduce hospitalizations in onboarded patient populations by over 80 per cent, which translates to dramatic improvements in patient quality of life and significant reductions in costs to the health care system. Due to our accelerating traction with large U.S. health care clients, we are currently adding multiple care managers and implementation specialists to support the large deployments that we are initiating in multiple states across the U.S. This is a period of rapid growth for the company that is expected to result in record revenue growth in 2024 and beyond. As with all of our large clients, we will be using a phased rollout approach, with onboarding with this client to begin with 13 of the network's physicians in Florida next month. We expect to generate revenue of $65 per patient per month at approximately 70 per cent gross margin through this contract."

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.

We seek Safe Harbor.