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Ehave acquires License covering G-20 Countries for all Psychedelic use, AI-Powered Telehealth Technology To Capture Physiological Vitals From Vastmindz; Prepares To Run Testing On Dashboard

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Rhea-AI Summary

Ehave, Inc. (EHVVF) announced the licensing of advanced AI technology from Vastmindz to enhance its Ehave Dashboard and Ehave Medical App. This proprietary computer vision technology enables the apps to assess physiological conditions like heart rate and oxygen saturation by analyzing facial skin light absorption. The integration aims to improve remote healthcare by providing seamless data aggregation and enhancing interactions between healthcare providers and patients. CEO Ben Kaplan highlighted the technology's role in democratizing healthcare and improving treatment outcomes.

Positive
  • Licensing of advanced AI technology from Vastmindz boosts product capabilities.
  • Ehave Dashboard enables remote monitoring of vital statistics, enhancing patient care.
  • Integration improves communication among healthcare providers and patients.
  • Technology designed to personalize treatment approaches through data learning.
Negative
  • None.

Proprietary computer vision technology will provide the Ehave Dashboard and Ehave Medical App with the ability to extract information about changes in light absorption on an individual’s facial skin that is reflective of their physiological condition

MIAMI, Aug. 11, 2021 (GLOBE NEWSWIRE) -- Ehave, Inc., (OTC Pink: EHVVF) (the “Company”), a provider of digital therapeutics for the psychedelic and mental health sectors, announced today it has licensed AI technology from Vastminz as another tool to bring the Ehave Dashboard and Ehave Medical App to market. The AI technology to be included in the Ehave Dashboard and Ehave Medical App leverages years of research in artificial intelligence and computer vision to develop solutions that can perform tasks remotely without physical contact. More specifically, the computer vision technology will provide the Ehave Dashboard and Ehave Medical App with the ability to identify an individual's physiological condition, such as Heart Rate, Heart Rate Variability (HRV), Respiration Rate, Oxygen Saturation Level, and other vital statistics. These changes in physiological condition will be identified by extracting information about changes in light absorption on an individual’s facial skin. The changes are captured within the RGB pixel values of camera frames and converted into various physiological vitals utilizing Vastmindz proprietary AI.

A video accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/703f0a17-ad16-4c60-a9cb-585b4c8aa977

The Ehave Dashboard is a data driven platform developed to provide better communication among medical practitioners and health care providers., while also allowing individuals to have more control over their health. The cloud-based platform delivers critical features and capabilities to healthcare providers, all while enabling seamless integrations with electronic health records (EHRs), vaccine passports, and communication with providers. The aggregation of data and information into one application has proven effective in streamlining the health process for patients, researchers, and clinical providers. The AI powering the Ehave Dashboard is designed to alter itself when it accesses new data. By accessing the new data, the dashboard “learns.” Ehave's collaboration with clinicians and researchers typically prompts this ability to improve using an objective of minimal error. This allows the system to comprehend which efforts are successful and increase the likelihood of using similar steps in the future.

Ben Kaplan, CEO of Ehave, said, "The growing capabilities and offerings of our Ehave Dashboard and Ehave Medical App allow us to power more remote care around the world. This not only gives individuals the ability to take their personal health journey to an entirely different level, it allows Ehave to do the heavy lifting as far as trustworthy data capture and transmission." Mr. Kaplan continued, "This will allow our clinician and research partners to focus more on their specific application or therapeutic area, as well as help to democratize healthcare by enabling better outcomes with more cost-effective approaches."

The Ehave Dashboard and Ehave Medical App utilize privacy-protecting technology to link clinical trial data using its Dashboard and AI to health data from various sources, including wearables, lab reports, and doctor and hospital visits. the Ehave Dashboard and Ehave Medical App have evolved into an ecosystem allowing an individual to take control of his or her mental health healing with an overall full snapshot of their entire healthy by collecting and organizing all data. Both the Ehave Dashboard and the Ehave Medical App allow individuals to own and share their health data in a secure and private environment. Providing data integrity and patient privacy gives patients the option to share their medical data with medical providers, research organizations, and pharmaceutical companies conducting clinical trials to better understand the treatments and experiences of patients with psychiatric and substance use disorders.

Additional Ehave Inc. Information

We are truly grateful for the support of EHVVF shareholders! Please join the conversation on our Ehave supporter’s telegram group at https://t.me/EhaveInc.

The company posts important information and updates through weekly videos from the official company YouTube channel https://www.youtube.com/channel/UCnyW1mgMd0qmYkEMq3O6FWA.

Please follow Ehave on Twitter @Ehaveinc1

About Ehave, Inc.

Ehave, Inc. (EHVVF) is a leader of digital therapeutics delivering evidence-based therapeutic interventions to patients. Our primary focus is on improving the standard care in therapeutics to prevent or treat brain disorders or diseases through the use of digital therapeutics, independently or together, with medications, devices, and other therapies to optimize patient care and health outcomes. Our main product is the Ehave Telemetry Portal, which is a mental health informatics platform that allows clinicians to make objective and intelligent decisions through data insights. The Ehave Infinity Portal offers a powerful machine learning and artificial intelligence platform with a growing set of advanced tools and applications developed by Ehave and its leading partners. This empowers patients, healthcare providers, and payers to address a wide range of conditions through high quality, safe, and effective data-driven involvement with intelligent and accessible tools. Additional information on Ehave can be found on the Company’s website at: www.ehave.com.

Forward-Looking Statement Disclaimer

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements: (i) the initiation, timing, progress and results of the Company’s research, manufacturing and other development efforts; (ii) the Company’s ability to advance its products to successfully complete development and commercialization; (iii) the manufacturing, development, commercialization, and market acceptance of the Company’s products; (iv) the lack of sufficient funding to finance the product development and business operations; (v) competitive companies and technologies within the Company’s industry and introduction of competing products; (vi) the Company’s ability to establish and maintain corporate collaborations; (vii) loss of key management personnel; (viii) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its products and its ability to operate its business without infringing the intellectual property rights of others; (ix) potential failure to comply with applicable health information privacy and security laws and other state and federal privacy and security laws; and (x) the difficulty of predicting actions of the USA FDA and its regulations. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement unless required by law. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is contained under the heading "Risk Factors" in Ehave, Inc.’s Registration Statement on Form F-1 filed with the Securities and Exchange Commission (SEC) on September 24, 2015, as amended, which is available on the SEC's website, http://www.sec.gov.

Contact: Ehave Inc.
Media Inquiries: Gabe Rodriguez
Gabe@Ehave.com

Investor Relations:
Email: Ir@Ehave.com
Phone: (623) 261-9046 


FAQ

What is the purpose of the AI technology licensed by Ehave?

The AI technology enhances the Ehave Dashboard and Medical App by allowing remote assessment of physiological conditions through facial skin analysis.

How will the Ehave Dashboard impact healthcare delivery?

It improves remote monitoring, facilitates better communication among healthcare providers, and aggregates patient data for streamlined healthcare processes.

What physiological statistics can the Ehave Medical App assess?

The app can assess heart rate, heart rate variability, respiration rate, and oxygen saturation levels.

When was the AI technology licensed by Ehave?

Ehave announced the licensing of the AI technology on August 11, 2021.

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