VANCOUVER, Sept. 23, 2019 /CNW/ - H-Source Holdings
Ltd. (TSXV: HSI; OTCQB: HSCHF) (the "Company" or
"H-Source") is pleased to announce that it is expanding its
technology offering by moving to the EY OpsChain blockchain
platform in order to facilitate greater opportunities in
healthcare.
"The H-Source platform is currently built with robust GS-1,
UDI/GTIN and DSCSA "Track and Trace" capabilities. Combining our
platform with the best in class EY OpsChain will be a significant
step forward in our mission to provide new healthcare solutions in
the US and Globally," said John
Kupice, CEO/director of H-Source. "The H-Source vision
of supply chain transformation facilitating communication and
collaboration to drive efficiencies, combines well with the EY
focus on making connections a key component of global health. We
appreciate the opportunity to work with EY on new initiatives."
"We're excited to support H-Source in enabling the healthcare
industry to access the products and tools they need more
sustainably," says Abhishek
Sinha, EY Canada Blockchain Leader. "EY OpsChain helps
companies simplify supply chain management and seamlessly integrate
everything from digital contracts and shared inventory to logistics
information."
"Scaling and industrializing privacy technology has been a big
priority for EY," says Paul
Brody, EY Global Blockchain Leader. "H-Source will be
one of the very first commercial implementations of EY OpsChain and
we're very proud of our work for H-Source on this front."
About H-Source Holdings Ltd.
H-Source Holdings Ltd. is
a technology company operating within the healthcare industry
through its wholly owned subsidiaries, H-Source, Inc. and H-Source
Distribution, Inc. The Company has developed a private, secure, and
trusted transaction platform that allows member medical facilities
including hospitals and ASC's (Ambulatory Surgery Centers) to buy,
sell, track, and transfer medical devices and supplies,
pharmaceuticals, and capital equipment with each other. Member
medical facilities can conduct secure transactions within their
private groups or global platform members. This marketplace network
is specifically designed to reduce health care costs and medical
product waste, increase cost recovery, and enable supply chain
transformation and efficiency. For more information,
please visit http://h-source.com/.
On behalf of the board of directors of H-Source Holdings
Ltd.
"John Kupice"
John Kupice
CEO & Director
CAUTIONARY DISCLAIMER STATEMENT: The TSXV has not reviewed
and does not accept responsibility for the adequacy or accuracy of
the content of this news release.
This news release contains forward-looking statements
relating to the completion of the listing of the Company's shares
on the TSXV and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
"will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical
fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include the
failure to satisfy the conditions of the TSXV and other risks
detailed from time to time in the filings made by the Company with
securities regulations.
The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or
revise publicly any of the included forward-looking statements as
expressly required by applicable law.
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SOURCE H-Source Holdings Ltd.
