Intelligent Bio Solutions Partners with Spirit Group as Australian Distributor, Expanding Community Impact with Intelligent Fingerprinting Drug Testing Solution
October 09 2024 - 7:30AM
Intelligent Bio Solutions Inc. (Nasdaq: INBS) (“INBS” or the
“Company”), a medical technology company delivering intelligent,
rapid, non-invasive testing solutions, today announced its
distribution partnership with Spirit Group, an Australian,
Indigenous-owned marketing and consulting agency, with prominent
clients across a wide range of industries, including mining,
transportation and construction.
Spirit Group will bring INBS’ Intelligent
Fingerprinting Drug Testing Solution to government and corporate
clients across Australia. This comprehensive solution includes
on-site screening with the Intelligent Fingerprinting Drug
Screening System and a back-to-lab confirmatory testing service. As
part of this collaboration, Spirit Group will donate 10% of its
proceeds from Intelligent Fingerprinting Drug Screening System
sales to the National Centre of Indigenous Excellence (NCIE),
supporting youth drug prevention and mentoring programs.
“As an Indigenous business owner, it’s always
important that I’m able to give back to my community,” said Glen
Ella, Australian rugby legend and Co-Founder of Spirit Group. “By
partnering with Intelligent Bio Solutions, we’re able to offer our
government and corporate clients an innovative drug testing
solution that also helps them reach their Indigenous procurement
and social impact goals, as well as provide much needed support to
the important work the NCIE do in the community.”
“Our partnership with Spirit Group is more than
just about expanding the presence of our innovative technology in
Australia,” added Harry Simeonidis, President and CEO at
Intelligent Bio Solutions. “We believe in using our solutions to
create meaningful impact and positive change beyond workplace
safety. Every drug screening test will not only help workplaces
maintain safety and compliance but also directly contribute to
these critical community initiatives.”
Spirit Group is dedicated to using its influence
in the government and corporate sectors as a force for good. Its
collaboration with Intelligent Bio Solutions exemplifies how
commercial success can intertwine with social responsibility and
demonstrates the potential for businesses to play a pivotal role in
driving social change.
About Intelligent Bio Solutions Inc.
Intelligent Bio Solutions Inc. (NASDAQ: INBS) is
a medical technology company delivering innovative, rapid,
non-invasive testing solutions. The Company believes that its
Intelligent Fingerprinting Drug Screening System will revolutionize
portable testing through fingerprint sweat analysis, which has the
potential for broader applications in additional fields. Designed
as a hygienic and cost-effective system, the test screens for the
recent use of drugs commonly found in the workplace, including
opiates, cocaine, methamphetamine, and cannabis. With sample
collection in seconds and results in under ten minutes, this
technology would be a valuable tool for employers in
safety-critical industries. The Company’s current customer segments
include construction, manufacturing and engineering, transport and
logistics firms, drug treatment organizations, and coroners.
For more information, visit: http://www.ibs.inc/
About Spirit Group
Spirit Group is an Indigenous-owned group of
brands delivering marketing and consulting services that connect
with culture, create change, and bring ideas to life. The agency
provides a full range of marketing and consulting services,
offering streamlined, seamless, and cost-efficient outcomes for its
clients. Spirit Group works with clients from startups to
multinationals, government, and not-for-profits on small and
large-scale projects.
For more information, visit: https://spiritgroup.co
Forward-Looking
Statements:
Some of the statements in this release are
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, Section 21E of the Securities Exchange Act
of 1934 and the Private Securities Litigation Reform Act of 1995,
which involve risks and uncertainties. Forward-looking statements
in this press release include, without limitation, Intelligent Bio
Solutions Inc.’s ability to successfully develop and commercialize
its drug and diagnostic tests, realize commercial benefit from its
partnerships and collaborations, and secure regulatory approvals,
among others. Although Intelligent Bio Solutions Inc. believes that
the expectations reflected in such forward-looking statements are
reasonable as of the date made, expectations may prove to have been
materially different from the results expressed or implied by such
forward-looking statements. Intelligent Bio Solutions Inc. has
attempted to identify forward-looking statements by terminology,
including “believes,” “estimates,” “anticipates,” “expects,”
“plans,” “projects,” “intends,” “potential,” “may,” “could,”
“might,” “will,” “should,” “approximately” or other words that
convey uncertainty of future events or outcomes to identify these
forward-looking statements. These statements are only predictions
and involve known and unknown risks, uncertainties, and other
factors, included in Intelligent Bio Solutions’ public filings
filed with the Securities and Exchange Commission. Any
forward-looking statements contained in this release speak only as
of its date. Intelligent Bio Solutions undertakes no obligation to
update any forward-looking statements contained in this release to
reflect events or circumstances occurring after its date or to
reflect the occurrence of unanticipated events.
Company Contact:
Intelligent Bio Solutions Inc. info@ibs.inc
Investor & Media Contact:
Valter Pinto, Managing DirectorKCSA Strategic CommunicationsPH:
(212) 896-1254 INBS@kcsa.com
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