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Reliq Health Announces Receipt of Second Milestone Payment From NextGen, and Upcoming Investor Call

Nov 9, 2017 • 1:18 PM EST
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2 MIN READ  •  By Michael Berger
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Reliq Health Technologies Inc. (TSXV:RHT) (OTCQB:RQHTF), a technology company focused on developing innovative remote patient monitoring, care coordination and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has received the second milestone payment from NextGen Applications LLC of San Antonio, TX per the contract between Reliq and NextGen.  The contract, whose total value is $1.22 Million USD, provides NextGen with professional services and a limited license to Reliq’s proprietary iUGO Care platform, specifically for the development of a consumer focused mobile health app, providing service to the greater San Antonio area before expanding elsewhere throughout the U.S.

“We are pleased to have achieved the second milestone in this contract on schedule,” said Dr. Lisa Crossley, CEO of Reliq Health. “NextGen’s initiative to improve health outcomes and enhance access to care through the mTelecare App is directly aligned with Reliq’s focus on Community-Based Healthcare.  Working in conjunction with NextGen Applications, we will be able to leverage our existing platform to create a customized mobile health app that will allow the residents of San Antonio and elsewhere to proactively manage their own health.”

“NextGen’s partnership with Reliq Health will allow us to utilize their existing mHealth platform to provide a novel, innovative mobile healthcare solution to the citizens of San Antonio and surrounding area,” said a spokesperson of NextGen Applications.  “The resulting mTelecare mobile app will provide a telemedicine platform that connects patients to doctors and nurses anywhere where there is internet access.  mTelecare will support secure video consults for patients with doctors and nurses, providing patients with professional care from the comfort of their own home.  The mTelecare app will also provide automated prescription refills, search tools for healthcare services, a personalized health calendar with push notifications, reminders and a suite of billing and payment tools.  mTelecare will provide greater access to healthcare, while at the same time reducing healthcare costs.”

The City of San Antonio, Texas is the seventh most populated city in the United States and the second most populated city in Texas, with a population of over 1.4 Million residents.

The Company is also pleased to announce that it will be hosting a investor call on December 1, 2017 at 8:00am PST/11:00am EST.  Please visit the Company’s website (www.reliqhealth.com) the week of November 20, 2017 for call in details and information on how to submit your questions electronically in advance of the call.

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Michael Berger

Michael Berger is Managing Partner of StoneBridge Partners, LLC and Founder of Mushroomstocks.com. Prior to entering the cannabis industry, Michael was an Equity Research Analyst at Raymond James Financial covering the Energy Sector. Michael has been featured in publications such as The Street, Bloomberg, US Money News, and hosts various cannabis events across North America.

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