Victory Square Technologies Inc. (“Victory Square”) (CSE:VST)
(OTC:VSQTF) (FWB:6F6) is pleased to announce that portfolio company
Hydreight Technologies Inc. (“Hydreight” or the “Company”)
(TSXV: NURS)(OTCQB: HYDTF)(FSE: SO6) received a Companies-to-Watch
award as part of the 2023 Deloitte Technology Fast 50™
program. Hydreight is a fast-growing mobile clinical network and
medical platform which enables flexible at-home medical services
across 50 states in the United States. Celebrating its 26th
anniversary, the award recognizes emerging companies based on their
revenue growth percentage.
Shane Madden, CEO of Hydreight commented, “We
are thrilled to receive a Companies-to-Watch award for 2023, from
the esteemed Deloitte Technology Fast 50™ program. This award not
only highlights the Company’s significant organic revenue growth of
250% YoY, but also validates our business operations and key
differentiators we have in the market. We are building the largest
mobile clinical network across the United States, and are one of
the only proprietary, fully-integrated platforms that allows nurses
to legally provide at-home services in over 650 cities across 50
states. We would like to thank Deloitte for their consideration and
support of Hydreight and what we are building. This has been an
incredible year of growth for Hydreight, and we look forward to
continuing that trajectory in 2024 and beyond.”
The Companies-to-watch
category is a ranking of Canadian technology companies with the
potential to be future Technology Fast 50™ candidates by their
revenue growth percentage over their last three years of operation.
The winners of this year’s companies to watch category must have a
minimum revenue of $50,000 in 2020 and $2.5 million in
2022.
“Congratulations to
this year’s Companies-to-Watch winners,” commented Anders
McKenzie, partner and national leader for the Technology Fast 50
program at Deloitte Canada. “These companies have
demonstrated promising growth trajectories and an exemplary ability
to seize opportunities even in the face of a challenging economic
context. This sets them apart as members of an emerging cohort of
tech leaders in Canada. We look forward to keeping an eye on their
progress in the months and years to come.”
Victory Square will be hosting a live investor webinar with
Hydreight Technologies CEO Shane Madden on Thursday, November 9th
during which the will provide an investor update as well as a deep
dive into Hydreight’s recent performance, latest achievements,
partnerships and share some exciting catalysts in his quest to
build Hydreight into the largest mobile clinic network in the
United States.
Please see details for the webinar below:
Date: Thursday, November 9th,
2023Time: 12:00 pm PST - 1:00 pm PST (3:00 pm EST
- 4:00 pm EST)Location: via zoom
Register here:
https://us06web.zoom.us/webinar/register/WN_kxVBmC_KTHmmGp5_x0fkeg
About the
Deloitte Technology Fast 50™ program
The Deloitte
Technology Fast 50 program is Canada’s pre-eminent technology
awards program. Celebrating its 26th anniversary, the program
recognizes business growth, innovation, and entrepreneurship in
four distinct categories: Technology Fast 50 ranking,
Enterprise—Industry leaders, Clean Technology,
and Companies-to-Watch. The program also recognizes companies
within the North American Technology Fast 500 ranking, identifying
thriving technology companies in the United States and Canada. The
2023 program sponsors include Deloitte, RBCx, Osler, EDC, CCI, TMX,
Clarity, and Lafond. For further information,
visit www.fast50.ca.
About
Hydreight Technologies Inc.
Hydreight Technologies
Inc. is building the largest mobile clinic network in the United
States. Its proprietary, fully integrated platform hosts a network
of over 2500 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 healthcare professionals to provide services directly to
patients at home, office or hotel. Hydreight is bridging the gap
between provider compliance and patient convenience, empowering
nurses, med spa technicians, and other licensed healthcare
professionals. The Hydreight platform allows healthcare
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 that provides services in over 650
cities and growing.
Sign up to VST’s official newsletter at
www.VictorySquare.com/newsletter
On behalf of the Board of Directors
“Shafin Diamond Tejani”Director and Chief
Executive OfficerVictory Square Technologies
Inc.www.victorysquare.com
For further information about Victory
Square, please contact:
Investor Relations Contact – Abbey VogtEmail:
ir@victorysquare.comTelephone: 604 283-9166
Peter Smyrniotis – DirectorTelephone: 604
283-9166
ABOUT VICTORY SQUARE TECHNOLOGIES
INC.
Victory Square (VST) builds, acquires and
invests in promising startups, then provides the senior leadership
and resources needed for fast-track growth. VST’s sweet spot is
cutting-edge tech that’s shaping the 4th Industrial Revolution. Our
corporate portfolio consists of 25+ global companies using AI,
VR/AR, and blockchain to disrupt sectors as diverse as fintech,
insurance, health and gaming.
What we do differently for
startups
VST isn’t your ordinary investor. With real skin
in the game, we’re committed to ensuring each company in our
portfolio succeeds. Our secret sauce starts with selecting startups
that have real solutions, not just ideas. We pair you with senior
talent in product, engineering, customer acquisition and more. Then
we let you do what you do best — build, innovate and disrupt. In
24-36 months, you’ll scale and be ready to monetize.
What we do differently for
investors
For investors, we offer a liquid way to invest
in some of the world’s most innovative early-stage technology
companies without buying a venture fund that requires accredited
investor status or multi-year commitments. It also can be purchased
by non-accredited investors who are restricted from buying venture
funds. Our portfolio provides a uniquely liquid, and transparent
way for investors to get access to the latest technologies and
emerging global trends. It is an excellent way to diversify into
early-stage venture.
VST invests primarily in leading edge
technology, such as artificial intelligence (AI), machine learning
(ML), digital health, blockchain, gaming and climate tech, which
provide the potential for high growth and returns.
Victory Square integrates a strong ESG
(environmental, social and corporate governance) component
throughout its operations. Our portfolio highlights minority
entrepreneurs, often overlooked by traditional investors, including
many from developing countries. We are also dedicated to giving
back to the communities in which we serve and operate. The
Company’s mandate is to assist organizations through its time,
talent and treasure. The Company is committed to organizations that
provide services in the youth, mental health, special needs, sport,
tech, education, marginalized groups, First Nations, and
accessibility sectors.
VST is a publicly-traded company headquartered
in Vancouver, Canada, and listed on the Canadian Securities
Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF).
For more information, please visit
www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE
(CSE)
The Canadian Securities Exchange, or CSE, is
operated by CNSX Markets Inc. Recognized as a stock exchange in
2004, the CSE began operations in 2003 to provide a modern and
efficient alternative for companies looking to access the Canadian
public capital markets.
FORWARD-LOOKING INFORMATION
This news release contains “forward-looking
information” within the meaning of applicable securities laws
relating to the outlook of the business of Victory Square and its
portfolio companies, including, without limitation, statements
relating to future performance, execution of business strategy,
future growth, business prospects and opportunities of Victory
Square and its related subsidiaries and portfolio companies,
including those items listed under the heading “Net Asset Value
(“NAV”) Update”, “Notable Portfolio Highlights” and other factors
beyond our control. Such forward-looking statements may, without
limitation, be preceded by, followed by, or include words such as
“believes”, “expects”, “to be”, “anticipates”, “estimates”,
“intends”, “plans”, “continues”, “project”, “potential”,
“possible”, “contemplate”, “seek”, “goal”, “objectives”, “outlook”
or similar expressions, or may employ such future or conditional
verbs as “may”, “might”, “will”, “could”, “should” or “would”, or
may otherwise be indicated as forward-looking statements by
grammatical construction, phrasing or context. All statements other
than statements of historical facts contained in this news release
are forward-looking statements. Forward-looking information is
based on certain key expectations and assumptions made by the
management of Victory Square. Although Victory Square believes that
the expectations and assumptions on which such forward looking
information is based are reasonable, undue reliance should not be
placed on them because Victory Square can give no assurance that
they will prove to be correct. Although Victory Square believes
that the expectations reflected in forward-looking statements in
this press release are reasonable, such forward-looking statements
has been based on expectations, factors and assumptions concerning
future events which may prove to be inaccurate and are subject to
numerous risks and uncertainties, certain of which are beyond the
Victory Square’s control, including, but not limited to, the risk
factors discussed in the continuous disclosure materials of the
Victory Square which are available under the Victory Square’s
profile on SEDAR at www.sedar.com. The forward-looking statements
contained in this press release are expressly qualified by this
cautionary statement and are made as of the date hereof. Actual
results and developments may differ materially from those
contemplated by these statements. The statements contained in this
news release are made as of the date of this news release. Victory
Square disclaims any intent or obligation to update publicly any
forward-looking information, whether as a result of new
information, future events or results or otherwise, other than as
required by applicable securities laws.
The Canadian Securities Exchange has neither
approved nor disapproved the contents of this news release and
accepts no responsibility for the adequacy or accuracy hereof.
Hydreight Technologies (TSXV:NURS)
Historical Stock Chart
From Apr 2024 to May 2024
Hydreight Technologies (TSXV:NURS)
Historical Stock Chart
From May 2023 to May 2024