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AllStar Health Brands Inc., (ALST) and TPT Global Tech Inc. (TPTW) Announce Entering into Partnership for the Sales & Marketing of QuikLAB Rapid Covid-19 Testing Lab Modules

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AllStar Health Brands Inc. (ALST) has entered into a distribution agreement with TPT Global Tech for Covid-19 rapid testing solutions across Mexico and Latin America. The partnership aims to provide QuikLAB testing modules capable of delivering results within hours, addressing rising infection rates in the region. This approach includes mobile testing that can adapt to various locations, enhancing accessibility. The collaboration is expected to ensure a steady supply chain for testing kits amidst increasing demand due to the pandemic.

Positive
  • Distribution agreement with TPT Global Tech for rapid Covid-19 testing in Latin America.
  • QuikLAB modules provide fast testing solutions, up to 50 tests/hour.
  • Collaboration ensures a reliable supply chain for testing amid rising Covid-19 cases.
Negative
  • None.

MIAMI, FL / ACCESSWIRE / August 13, 2020 / AllStar Health Brands Inc. (OTC PINK:ALST) a specialty pharmaceutical and nutritional supplements company and TPT Global Tech a technology and solutions company are pleased to announce signing a distribution agreement for Mexico and other Latin American countries through TPT Global Tech's partner New Orbit Technologies.

Dr. Daniel Bagi, President of AllStar, observed," Given the increasing Covid-19 infection rates around the world, especially in Mexico, Peru and other Latin American countries and the ability to set up the QuikLAB testing modules at almost any location, we believe countries like Mexico will avail themselves of this testing option. The QuikLab modules can be set up outside malls, at mining sites or other remote locations, and are accessed as drive-up testing. They offer a fast, complete testing option, at a rapid throughput, - up to 50 tests/hour, using either the viral or antibody tests currently available on the market. The goal is to provide results the same day, so appropriate treatment or isolations protocols can be put in place based on the results of the testing."

AllStar will provide FDA EUA rapid Covid-19 anti-body tests in concert with TPT Medtech QuikLab solutions to promote the best in class mobile testing solutions throughout Latin America. This innovative solution, including supply chain utilizing testing suppliers globally and North America, ensures a steady supply chain able to meet demand as infections surge across different locations.

About AllStar Health Brands Inc.:

AllStar Health Brands Inc. is a Nevada Corporation established in 2017, and headquartered in Miami, Florida. AllStar is a specialty Health Care Products Company dedicated to improving health and quality of life by offering select products, including medical devices, nutritional supplements, over the counter remedies and medicines all across the Americas and Europe. AllStar's goal is to bring additional products to the market and provide new, innovative options for better health and wellbeing.

For more information, please contact Investor Relations at (305) 423 7028.

About TPT Global Tech Inc:

TPT Global Tech Inc. (TPTW), based in San Diego, California, is a technology-based company with divisions providing telecommunications, medical technology, and product distribution, media content for domestic and international syndication as well as technology solutions. TPT Global Tech offers Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS). It offers carrier-grade performance and support for businesses over its private IP MPLS fiber and wireless network in the United States. TPT's cloud-based UCaaS services allow businesses of any size to enjoy all the latest voice, data, media, and collaboration features in today's global technology markets. TPT Global Tech also operates as a Master Distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO) as a Master Distributor for Pre-Paid Cellphone services, Mobile phones Cellphone Accessories and Global Roaming Cellphones.

Safe Harbor Statement

Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby.

The above information contains information relating to the Company that is based on the beliefs of the Company and/or its management, as well as assumptions made by any information currently available to the Company or its management. When used in this document, the words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management, are intended to identify forward-looking statements. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties, and assumptions, including the risks and uncertainties, noted. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, the impact of competitive services and pricing, and general economic risks and uncertainties.

SOURCE: Allstar Health Brands, Inc.



View source version on accesswire.com:
https://www.accesswire.com/601642/AllStar-Health-Brands-Inc-ALST-and-TPT-Global-Tech-Inc-TPTW-Announce-Entering-into-Partnership-for-the-Sales-Marketing-of-QuikLAB-Rapid-Covid-19-Testing-Lab-Modules

FAQ

What is the partnership between AllStar Health Brands Inc. and TPT Global Tech about?

The partnership focuses on distributing QuikLAB rapid Covid-19 testing solutions throughout Mexico and other Latin American countries.

What is the expected testing capability of the QuikLAB modules?

The QuikLAB testing modules can conduct up to 50 tests per hour, providing rapid results for Covid-19 testing.

When was the distribution agreement announced?

The distribution agreement was announced on August 13, 2020.

What stock symbol represents AllStar Health Brands Inc.?

AllStar Health Brands Inc. trades under the stock symbol ALST.

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