MONTREAL, July 19,
2023 /CNW/ - Carebook Technologies Inc. ("Carebook"
or the "Company") (TSXV: CRBK) (OTCPK: CRBKF) (XFRA: PMM1) a
leading Canadian provider of innovative digital health solutions is
pleased to announce that CoreHealth, its wholly owned subsidiary,
has expanded its partnership with AG Health Partner ("AGHP"), a
renowned provider of holistic well-being solutions in Belgium. CoreHealth and AGHP have
significantly extended the scope of their existing license
agreement, now reaching an additional 555,000 eligible
members, most of whom are employees working for clients of AG
Insurance, AGHP's parent company and market leader in Belgium.
AG Health Partner continues to enhance its well-being offerings,
prioritizing prevention, and mental health support with the release
of their mental well-being platform "My Mind". In addition to other
products and services as part of parent company AG's Healthcare
ecosystem, "My Mind" will address the growing prevalence of mental
well-being concerns in workforce populations.
AGHP will deliver its enhanced well-being solutions through its
long-standing partner CoreHealth. CoreHealth has rapidly
established itself as a leading provider of innovative technology
solutions that seamlessly connect employees and member populations
to their well-being programs. Employees gain access to personalized
health information, educational materials, interactive tools, and
engaging challenges that foster positive lifestyle changes.
CoreHealth's market leading customization capabilities ensure that
organizations can create unique well-being initiatives and
programming to meet the specific needs of their employee
populations, ultimately driving long-term success and employee
satisfaction.
CoreHealth's platform-as-a-service technology will connect
AGHP's member populations to AGHP's health and wellness solutions
so members can make educated health and well-being decisions. The
expanded license agreement between CoreHealth and AGHP is a
testament to the successful partnership between the two
organizations.
"We are delighted to expand our collaboration with AG Health
Partner and support their commitment to providing engaging
well-being solutions," comments Michael
Peters, Carebook's CEO. "Together, we will continue to
support AGHP's clientele, helping their members build unique
well-being solutions that inspire their employees and help them
realize improved health and performance."
"Through our long-standing partnership with CoreHealth, we are
able to provide our clients with the most dynamic and comprehensive
corporate well-being solutions, encompassing mental, physical, and
social well-being" comments Ellen De
Vleeschouwer, General Manager at AGHP. "Expanding our
license agreement signifies our commitment to enhancing the overall
well-being of our clients and their employees, ensuring a healthier
and more productive workforce."
The partnership marks an exciting milestone in their shared
commitment to making an impact on the well-being landscape,
ensuring a healthier and more engaged workforce for their
clients.
About AG Health Partner
AG Health Partner supports businesses by helping them define,
plan and implement their corporate wellbeing vision. Based on our
Wellbeing-as-a-Service motto, we enable futureproof HR policies
through audits, personal action plans, tailor-made wellbeing
programmes and unique digital tools to promote them. Surrounded by
best-in-class technology and partners, our approach is both
holistic and personalised as we address the physical, mental and
social aspects of wellbeing while keeping in mind that the balance
is different for everyone.
Founded in 2019, AG Health Partner is part of AG Servicing, a
subsidiary of AG, the leader in the Belgian insurance market. For
more information, visit www.aghealthpartner.be.
About Carebook
Technologies
Carebook's digital health platform empowers its clients and more
than 3.5 million members to take control of their health journey.
During 2021, the Company completed the acquisitions of InfoTech
Inc., a global leader in health and productivity risk management,
and CoreHealth Technologies Inc. ("CoreHealth"), owner of an
industry-leading wellness platform. In combination, these companies
create a comprehensive digital health platform that includes both
assessment tools and the technology to deliver complementary
solutions. Carebook's shares trade on the TSXV under the symbol
"CRBK," on the OTC Markets under the symbol "CRBKF," and are listed
on the Open Market of the Frankfurt Stock Exchange under the symbol
"PMM1." For more information, visit www.carebook.com.
For further information contact:
Carebook Investor Relations Contact:
Olivier Giner, CFO
Email: ir@carebook.com
Telephone: (450) 977-0709
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this news release.
Notice regarding forward-looking statements:
This release includes forward-looking information and
forward-looking statements within the meaning of Canadian
securities laws regarding Carebook, its subsidiaries and their
business. Often, but not always, forward-looking information can be
identified by the use of words such as "plans", "is expected",
"expects", "scheduled", "intends", "contemplates", "anticipates",
"believes", "proposes" or variations (including negative
variations) of such words and phrases, or state that certain
actions, events or results "may", "could", "would", "might" or
"will" be taken, occur or be achieved. Such statements are based on
the current expectations of the management of Carebook and are
based on assumptions and subject to risks and uncertainties.
Although the management of Carebook believes that the assumptions
underlying these statements are reasonable, they may prove to be
incorrect, and undue reliance should not be placed on such
forward-looking statements. The forward-looking statements reflect
the Company's current views with respect to future events based on
currently available information and are inherently subject to risks
and uncertainties. The forward-looking events and circumstances
discussed in this release may not occur by certain specified dates
or at all and could differ materially as a result of known and
unknown risk factors and uncertainties affecting the Company,
including economic factors, management's ability to manage and to
operate the business of Carebook, management's ability to identify
attractive M&A opportunities, management's ability to
successfully integrate the Company's completed acquisitions and to
realize the synergies of such acquisitions, management's ability to
successfully complete product studies, the equity markets generally
and risks associated with growth and competition, management's
ability to achieve profitability for the Company, as well as the
risk factors identified in the Company's management's discussion
and analysis for the year ended December 31, 2022, a copy of which
can be found on SEDAR under the Company's profile
at www.sedar.com. Although Carebook has
attempted to identify important factors that could cause actual
actions, events or results to differ materially from those
described in forward-looking statements, there may be other factors
that cause actions, events or results to differ from those
anticipated, estimated or intended. Accordingly, readers should not
place undue reliance on any forward-looking statements or
information. No forward-looking statement can be guaranteed. Except
as required by applicable securities laws, forward-looking
statements speak only as of the date on which they are made and
Carebook does not undertake any obligation to publicly update or
revise any forward-looking statement, whether as a result of new
information, future events, or otherwise.
SOURCE Carebook Technologies Inc.