MONTREAL, Aug. 29,
2022 /CNW Telbec/ - CoreHealth ("CoreHealth"), a
wholly owned subsidiary of Carebook Technologies Inc. (TSXV: CRBK)
(OTCPK: CRBKF) (XFRA: PMM1), a leading Canadian provider of
innovative digital health solutions, is pleased to announce a
binding agreement, signed on August 19th,
2022, for the provision of digital health and well-being
solutions with METRO Inc. ("Metro"), (TSX: MRU), a food and
pharmacy leader in Québec and Ontario.
Michael Peters, Carebook CEO,
comments, "We are thrilled to announce this new partnership with
METRO, one of Canada's leading
grocery and pharmacy retailers. The chance to work with METRO is a
unique opportunity for CoreHealth to showcase the flexibility of
our platform as it adapts to new markets and continues to deliver
solutions that improve health and wellbeing". Continues Mr. Peters,
"CoreHealth will be supporting METRO's transformational initiatives
in the industry, promoting the health and well-being of Canadians
in new ways."
"CoreHealth's digital platform will complement our health and
wellness initiatives that are tailored to the individual customers"
says Alain Champagne, President The
Jean Coutu Group (PJC) Inc., a subsidiary of METRO. "We are excited
with the ability of the platform to add value to our customers
across our food and pharma banners and ties well with our purpose
of nourishing the health & wellbeing of the communities that we
serve" says Alain Tadros,
Vice-President Marketing, METRO Inc.
About CoreHealth by
Carebook
CoreHealth's advanced wellness platform brings together industry
leading technology to build custom and turn-key health and wellness
solutions for Fortune 10 & 500 companies. In 2021, CoreHealth
was acquired by Carebook Technologies, a publicly-traded
organization delivering digital health, wellness, and pharmacy
solutions. For more information visit
www.corehealth.global.
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., 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."
About Metro Inc.
With annual sales of $18 billion,
METRO Inc. is a food and pharmacy leader in Québec and Ontario. Its purpose is to Nourish the health
and well-being of our communities. As a retailer, franchisor,
distributor, and manufacturer, the company operates or services a
network of some 950 food stores under several banners including
Metro, Metro Plus, Super C and Food Basics, as well as some 650
drugstores primarily under the Jean Coutu, Brunet, Metro Pharmacy
and Food Basics Pharmacy banners, providing employment to more than
90,000 people. For more details, visit corpo.metro.ca.
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 release.
Notice regarding forward-looking
statements:
This release includes forward-looking information 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. 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 the risk factors identified in the Company's
management's discussion and analysis for the year ended
December 31, 2021 and described under
the heading "Item 21 – Risk Factors" in the Listing Application of
the Company dated September 28, 2020,
each 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.