AI/ML Innovations Announces Board Resignation

Rhea-AI Summary

AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) announced the resignation of John Cook from its Board of Directors due to health concerns. The company acknowledged his significant contributions and wished him a successful recovery. AI/ML is focused on leveraging artificial intelligence and machine learning within digital health initiatives, partnering with firms like Health Gauge and Tech2Health to improve healthcare management. The company aims to capitalize on growth opportunities in these sectors.

Positive

• The company is strategically focusing on AI and ML technologies in healthcare, which are growing sectors.
• Partnerships with Health Gauge and Tech2Health may enhance AI/ML's market presence and opportunities.

Negative

• John Cook's resignation could lead to concerns about continuity in leadership and board experience.

TORONTO, ON / ACCESSWIRE / July 16, 2021 / AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) ("AIML" or the "Company"), a company committed to acquiring and advancing Artificial Intelligence/Machine Learning technologies that address urgent societal needs, reports that effective immediately, John Cook has resigned from the Board of Directors due to health concerns.

The Company thanks Mr. Cook for the significant contributions he made during his tenure, and wishes him a full and successful recovery.

About AI/ML Innovations Inc.
AI/ML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through strategic partnerships with Health Gauge, Tech2Health and other planned accretive investments, the Company continues to capitalize on expanding growth areas, to the benefit of all the Company's stakeholders.AI/ML's shares are traded on the Canadian Securities Exchange under the symbol "AIML" and on the OTCQB Venture Market under "AIMLF".

On behalf of the Board of Directors
Tim Daniels, Executive Chairman

For more information about AI/ML Innovations:
For detailed information please see AI/ML's website at https://aiml-innovations.com/ or the Company's filed documents at www.sedar.com.

For further information: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com.

Presentations:
Investor slidedeck: https://aiml-innovations.com/wp-content/uploads/2021/01/AIML-mini-1-21.pdf
Corporate video: https://www.youtube.com/watch?v=k2QSjo7clXc&feature=youtu.be
Official YouTube Channel: https://www.youtube.com/channel/UCCfOj2P_Fu3TOK6Jl1G9vEQ

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Cautionary and Forward-Looking Statements
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including but not limited to, the uncertainty of competition by other industry players, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals and the ability to raise additional capital as may be needed in the future. Readers are cautioned that the assumptions used in preparing such information, although considered reasonable at the time of preparation, may prove imprecise and undue reliance should not be placed on forward-looking statements. Forward-looking statements in this press release are expressly qualified by this cautionary statement.

The forward-looking statements in this press release are made as of the date of this press release, and the Company undertakes no obligations to update publicly or to revise any of the included forward-looking statements, whether because of new information, future events or otherwise, except as expressly required by applicable securities law.

SOURCE: AI/ML Innovations Inc.

View source version on accesswire.com:
https://www.accesswire.com/655764/AIML-Innovations-Announces-Board-Resignation

FAQ

What prompted John Cook's resignation from AIML's Board of Directors?

John Cook resigned due to health concerns.

How might John Cook's resignation impact AIML?

Cook's resignation could raise concerns about continuity and experience within AIML's leadership.

What sectors is AIML focusing on after its board change?

AIML is focusing on artificial intelligence and machine learning in digital health and wellbeing.

What partnerships is AIML leveraging for growth?

AIML is partnering with Health Gauge and Tech2Health to capitalize on technological advancements in healthcare.