Mr. Shane Madden of Hydreight reports

HYDREIGHT AND VICTORY SQUARE LAUNCH $10 MILLION HEALTH ACCELERATOR TO FUEL NATIONWIDE EXPANSION OF EMERGING HEALTHCARE BRANDS ON VSDHONE PLATFORM

Hydreight Technologies Inc. and VSDHOne, its innovative telehealth and e-commerce platform developed in partnership with Victory Square Technologies Inc., have launched a D2C (direct-to-consumer) digital health accelerator program. This initiative will invest up to $10-million, in the form of cash, in a comprehensive suite of VSDHOne resources, services and/or company shares to support emerging health care brands poised to improve patient care across the United States. This program directly addresses the massive opportunity in the U.S. health care system, projected to reach $7.2-trillion by 2031, according to the Centers for Medicare & Medicaid Services (CMS).

What is VSDHOne?

VSDHOne provides a comprehensive telemedicine platform that empowers businesses, including med spas, health and wellness entrepreneurs, retailers, and pharmaceutical brands, to create D2C health care solutions in days rather than months. The purpose of launching VSDHOne is to make it easy for any existing brick-and-mortar entity or individual to launch a direct-to-consumer health care brand in a few weeks -- without worrying about compliance, doctor network, telemedicine and e-commerce technology, medical direction and oversight, pharmacy network, and a medical legal framework -- in all 50 states.

With the marriage of virtual and at facility health care features, companies can expand beyond their current brick-and-mortar solutions.

Accelerating growth with comprehensive support

The accelerator program is designed to empower businesses offering treatments and therapies directly to patients, including:

• Skin care treatments -- acne and anti-aging solutions;
• Hair loss treatments;
• Sexual health -- hormone replacement therapy (TRT), peptides amd sermorelin;
• GLP-1 weight management -- treatments for obesity and weight management;
• Genetic testing;
• Birth control options;
• Oral GLP-1 therapies;
• NAD+ nasal spray -- for anti-aging and energy;
• Longevity-focused solutions.

Addressing the need

The U.S. health care system is ripe for innovation. Studies have shown significant inefficiencies, including:

• Approximately 50 per cent of care delivery is inefficient (source: Deloitte).
• Administrative costs account for 25 per cent of total health care spending compared with just 8 per cent in peer countries (source: JAMA).
• Forty per cent of Americans delay or forgo care due to cost or accessibility barriers (source: KFF).

Hydreight can tackle these issues and promote significant change in the health care industry by utilizing the VSDHOne platform to equip digital health businesses.

Accelerating growth with comprehensive support

Selected companies will receive a comprehensive suite of resources to fuel their growth, including:

• Financing -- a combination of services, cash and stock to support expansion;
• VSDHOne platform access -- leverage the full capabilities of the VSDHOne platform, including telehealth infrastructure, e-commerce solutions, and nationwide compliance;
• Marketing support -- LegitScript certifications and expert guidance and resources to amplify brand reach and customer acquisition;
• Onboarding and integration -- seamless integration with the VSDHOne platform and pharmacy;
• Medical direction and doctor network -- access to a nationwide network of physicians and health care professionals for medical directions and consults.

Eligibility criteria

To qualify applying for the accelerator program, companies must meet the following criteria:

• Minimum revenue -- $750,000 (U.S.) in the past 12 months;
• U.S.-based operations;
• Legal compliance -- all products and services must be legally compliant with U.S. regulations;
• Platform migration -- commitment to migrating operations to the VSDHOne platform and pharmacy.

"We are thrilled to launch this accelerator program to empower the next generation of digital health innovators," said Shane Madden, chief executive officer of Hydreight. "By providing comprehensive support and resources, we aim to accelerate the growth of these companies and expand access to treatments for patients across the country. That will also help with our goals and targets with VSDHOne revenue and number of orders."

How to apply

Interested companies are invited to submit their proposals and business information to VSDHOne@hydreight.com.

Coming webinar

Hydreight's senior management, medical teams and legal counsel will discuss VSDHOne's unique national medical platform structure and how it is a turnkey digital health white label platform that allows businesses to operate compliantly and seamlessly in all 50 states, with no operational needs, and creates a significant competitive advantage (moat) for Hydreight in the rapidly evolving U.S. health care market, valued at $4.9-trillion in 2023 (source: CMS.gov).

Webinar details

Date:  Wednesday, Jan. 22, 2025

Time:  11 a.m. PST/2 p.m. EST

Duration:  30 minutes

Featured speakers:

• Mr. Madden, chief executive officer and board member;
• Dr. Joseph Palumbo, chief medical officer and board member;
• Dr. Lindsey Urbatchka, doctor of pharmacy;
• Brigid Maloney, partner and co-leader of Lippes Mathias Law's health law practice, legal counsel.

During the webinar, the company will highlight how the VSDHOne platform's fully compliant infrastructure enables Hydreight to streamline operations, empower medical professionals and provide exceptional value to clients while strengthening Hydreight's position as a leader in the digital health care space.

They will also cover:

• 50-state physician coverage built into Hydreight's model;
• CPOM, an overview and understanding that, in 30 of the 50 states, this law prevents individuals or businesses in getting into the business of health care;
• The mobile health care industry and the level of oversight and structure Hydreight has introduced;
• The 50-state pharmacy challenge and Hydreight's unique solutions;
• Pharmaceutical landscape and coming challenges and Hydreight's advantages;
• And more.

About Hydreight Technologies Inc.

Hydreight Technologies is building one of the largest mobile clinic networks in the United States. Its proprietary, fully integrated platform hosts a network of over 2,500 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, at offices or at hotels. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians and other licensed health care professionals. The Hydreight platform allows health care professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network.

About Victory Square Technologies Inc.

Victory Square is a venture builder that provides investors a liquid way to invest in early-stage technology companies without buying a venture fund that requires accredited investor status or multiyear commitments:

• A diverse portfolio of more than 25 innovative companies from around the world (founders come from Ireland, Sri Lanka, Bulgaria, Australia, India, Brazil, the Middle East and North America);
• Sectors include digital health, artificial intelligence (AI), machine learning (ML), blockchain/Web3, virtual and augmented reality (VR/AR), gaming and climate technology;
• Owner operated (approximately 15-per-cent management ownership).

Business model

The Victory Square business model is to buy, build and invest in early-stage technology companies. The company spends upward of 48 months with those companies until they are ready to spin off or stand on their own. There are a couple of unique elements to Victory Square's business model:

1. Victory Square has unparalleled access to start-ups through its internal incubator and international network with over 250 founders, investors, tech accelerators and venture capital firms from more than 60 countries.
2. Second, Victory Square's management team and advisers are actively involved in its investments from incubation through monetization, providing them with financial, operational and strategic support to scale globally.
3. Victory Square drives value by monetizing investments and reinvesting the gains in new innovations. The strategy was to build a self-sustaining business.

Victory Square is a publicly traded company headquartered in Vancouver, Canada, and is listed on the Canadian Securities Exchange (VST), Frankfurt Stock Exchange (6F6) and the OTCQX (VSQTF).

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