Mr. Hamed Shahbazi reports

WELL HEALTH'S CYCURA ANNOUNCES TWO TUCK-IN ACQUISITIONS TO ENHANCE PATIENT DATA PROTECTION AND APPOINTS NEW MANAGEMENT

Well Health Technologies Corp.'s cybersecurity business unit, Cycura, has acquired Seekintoo Ltd. and Proack Security Inc.

Amir Javidan, chief operating officer of Well, commented: "We are thrilled to welcome the Seekintoo and Proack teams to Cycura. These acquisitions demonstrate Well and Cycura's steadfast commitment to safeguarding patient trust and operational integrity. Well has bolstered its cybersecurity portfolio with two strategic, tuck-in acquisitions, bringing onboard seasoned cybersecurity professionals in the process, and strengthening our capability to serve over 190 corporate and government customers across North America."

Iain Paterson, chief security officer of Well, stated: "Pro-actively identifying and mitigating threats remains at the forefront of our cybersecurity road map. These newly acquired capabilities signify our commitment to protecting and further advancing the empowerment of patient health information (PHI) at scale. As the digital landscape of health care grows in complexity, we are investing in, and leveraging, AI [artificial intelligence] technology heavily in our cybersecurity programs, both internally and customer facing.

Paul Morgan, Cycura's new chief executive officer, commented: "I am very pleased to join the talented team at Cycura, which includes industry veterans and professionals from Source 44, and, now, talented team members from Proack and Seekintoo. Given all of the capabilities now contained at Cycura, one would be hard pressed to find a more capable and pro-active partner to protect data. Our goal is to add Cycura to the list of $100-million/year in revenue businesses at Well over the next several years as we seek to build on the solid foundation already built, and amplify this special business to further protect health care and other data all over North America."

The first acquisition, Seekintoo, provides cybersecurity operations centre services to enterprise clients, equipping them with a managed detection responder service that assures 24/7 vigilant protection against threats. This acquisition closed Aug. 1, and Seekintoo is currently being integrated into Cycura. Mr. Morgan, CEO of Seekintoo, joins Well with decades of industry and management expertise, and has been appointed as the new CEO of Cycura.

Proack, Well's second acquisition, is a premier provider of offensive security assessments, specializing in penetration testing, red teaming, social engineering and infrastructure testing. These strategic moves serve to enhance Cycura's cybersecurity capabilities significantly, while also reinforcing the commitment to maintaining patient trust and operational integrity across all of Well's businesses. Proack is set to be integrated into the Cycura platform, with principals Craig Barretto and Yuk Fai Chan anticipated to play a key role in advancing offensive security initiatives. Both Mr. Barretto and Mr. Chan bring decades of experience in cybersecurity consulting, threat identification and penetration testing to the team.

With targeted improvements in threat detection capabilities and response strategies, Cycura is diligently working to enhance cybersecurity support for over 200,000 end-users and extend protective measures across more than 10,000 servers. This includes thousands of physicians who can focus on providing care and know that their patients' data are protected by Cycura's industry-leading solutions. Well envisions the potential of AI-enabled cybersecurity to further advance its growth strategies and defensive capabilities, in collaboration with industry partners. This positions the company to adapt and lead in a rapidly changing environment. As the cybersecurity industry witnesses substantial growth, driven by companies increasing their investments, Well remains optimistic about its ability to expand its business and seize a greater market share within the sector.

About Well Health Technologies Corp.

Well's mission is to tech-enable health care providers. The company does this by developing the best technologies, services and support available, which ensures health care providers are empowered to positively impact patient outcomes. Well's comprehensive health care and digital platform includes extensive front-office and back-office management software applications that help physicians run and secure their practices. Well's solutions enable more than 31,000 health care providers between the United States and Canada and power the largest owned and operated health care ecosystem in Canada with more than 148 clinics supporting primary care, specialized care and diagnostic services. In the United States, Well's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care and mental health.