Victory Square Technologies Inc. (“Victory Square”) (CSE:VST)
(OTC:VSQTF) (FWB:6F6), a company that gives investor access to a
portfolio of 25+ innovative companies from around the world in a
single stock, in partnership with Hydreight Technologies
Inc. (“Hydreight”)(TSXV: NURS)(OTCQB: HYDTF)(FSE: SO6) and DSV
Global, is pleased to announce that its wholly owned subsidiary VS
Digital Health (‘VSDH’ or the ‘Company’) is launching a
fully-featured end to end telemedicine platform that helps
companies launch a direct-to-consumer healthcare brand - and do it
in days rather than months at a fraction of the cost in all 50
States. The platform is called VSDHOne (Read as VSDH-One).
VSDH and Hydreight have been building out the infrastructure for
a “Telehealth 2.0” solution with an eye toward working with
nontraditional players like: MedSpas, Health & Wellness
Entrepreneurs, Retailers, Pharmaceutical Brands, Labs, Diagnostics
companies and various other healthcare companies.
The company in partnership with DSV Global and Hydreight has
built an end-to-end virtual care platform powering direct to
consumer healthcare businesses. The VSDHOne integrated solution
allows companies to launch a Nationwide direct-to-consumer
healthcare brand in a matter of days at a fraction of the cost
without worrying about building telemedicine and eCommerce
technology, access to a Nationwide Doctor and Pharmacy Network,
Medical direction, oversight, compliance and a Medical Legal
framework in all 50 States. VSDHOne can also offer tailored care
programs, such as for Women’s health, Men’s health or condition
management (ie. Obesity, Diabetes). With the marriage of virtual
and in-facility healthcare features, companies can expand beyond
their current bricks and mortar solutions.
“As unsexy as it might sound, digital health infrastructure is
rapidly emerging as one of the sector's hottest bets, as
virtual-first care companies proliferate and scale. This
announcement comes as health tech enjoys its Shopify moment, with a
flurry of startups vying to supply the technological backbone for
health care companies. And, VSDHOne is separating itself from the
pack and poised to emerge a winner,” said Shane Madden, CEO of
Hydreight Technologies. “We have built a service, technology and
partnership stack to power your telehealth needs, just add your
brand and we take care of the rest. This partnership and its
projected cash flow will help us with one of our top priorities of
this year for profitability.”
Features include:
- eCommerce Platform
- Telemedicine Technology
- Booking and Scheduling Technology
- Membership management Technologies
- Nationwide Doctors Network in all 50 States
- Pharmacy Network and Fulfillment Partners
- Medical Direction
- Medical Legal Structure
- Payment Processing
“We are bringing this advanced platform to the market to support
some of the most innovative companies in healthcare,” said Shafin
Diamond Tejani, CEO of Victory Square Technologies. “With this
partnership, our goal is to provide a seamless platform for
companies to create consumer-centric healthcare experiences.
Despite many companies reducing their technology investments, we
are doubling down because we recognize the growing demand for
convenient and personalized healthcare.”
In certain states, there remains a significant limitation in
accessing healthcare professionals. More than 80% of counties
across the country lack access to services needed to maintain, much
less improve, their health. That's approximately 30 million
Americans who live in "healthcare deserts" where accessible
physicians are scarce. The Nationwide rollout of the VSDH-One
platform marks a crucial step towards ensuring quality care for all
Americans.
“During the pandemic, we saw pharmacy retail chains play a
crucial role in vaccinating much of the country. Now, we're moving
towards a future where people can visit their local superstore for
a flu shot and their annual physical, or use their favorite
retailer’s app to connect with a clinician virtually and have
over-the-counter treatments delivered to their home. This vision
has been a long-term goal for megaretailers, but the technology
needed to deliver a superior hybrid care experience wasn't mature
enough until now. The widespread adoption of virtual care has
changed everything. With the technology now in place to support
this transformation, retailers can easily provide timely,
convenient, and affordable care to their customers wherever and
whenever they need it. The VSDHOne platform offers a unified,
scalable, and cost-effective solution for virtual care delivery,
revolutionizing access to healthcare.”
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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”, Hydreight Profitibility, 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.
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