INNOVATIVE MEDTECH INC - IMTH STOCK NEWS

Innovative MedTech (OTC: IMTH) announced the launch of its RX Vitality digital healthcare wallet on the Apple iOS App Store, complementing its prior availability on Google Play Store. This digital wallet targets the underbanked and includes key features like discounts at over 500 online merchants and pharmaceutical discounts of up to 75% at 65,000 pharmacies, including Walgreens and CVS. The company now shifts focus from app development to expanding partnerships and increasing user membership.

Innovative MedTech has appointed Dr. Merle Griff as its new CEO, succeeding Michael Friedman, who will remain President. Dr. Griff, a leader in the senior care industry with over 35 years of experience, previously led the company’s subsidiary, SarahCare. This leadership change aims to leverage her expertise during the company’s expansion into healthcare technology for underserved markets. The Board expressed confidence that Dr. Griff will drive strategic growth and capitalize on opportunities in the senior care sector, aligning with the company’s mission.

Innovative MedTech, Inc. (OTC: IMTH) announced that its subsidiary, SarahCare, will begin beta testing a new home health service. This initiative aims to provide a higher standard of care to residents near select SarahCare centers. Dr. Merle Griff, CEO of SarahCare, expressed enthusiasm, stating this service should enhance convenient, cost-effective care for participants and their families. The company hopes that extending home health services will improve support for participants both at their centers and at home.

Innovative MedTech has partnered with VSUSA Corp to enhance support for Veterans and Seniors in the U.S. This collaboration aims to assist veterans in life transitions through access to housing, health services, and workforce opportunities. As part of the partnership, Innovative MedTech will allocate up to 1% of revenue from its Vitality Debit Card to VSUSA, allowing the organization to leverage their brand on the card. This initiative aligns with the company's mission to serve underserved communities, emphasizing their commitment to improving veterans' lives.

Innovative MedTech announces the appointment of David Webb to its external advisory board, aimed at enhancing growth and innovation. Webb brings over 30 years of media experience and is expected to contribute valuable insights to the company, particularly in the adult day care and healthcare benefits sectors. His background includes roles as a SiriusXM host and contributor at Fox News. This strategic move follows the acquisition of RX Vitality, Inc., indicating a focus on expanding the company's offerings in health and wellness services.

Innovative MedTech has appointed Bruce McDermott to its external advisory board to drive growth and innovation. McDermott, a veteran from Deutsche Bank, brings 40 years of investment and banking experience. His track record includes over 70 equity deals, raising more than $10 billion in capital, which could enhance the Company’s strategic direction as it aims to serve under-served communities. This transition follows the recent acquisition of RX Vitality, marking a significant step in the Company's development.

Innovative MedTech has established an external advisory board aimed at fostering growth and innovation within the company. The first appointee, Ronald Schreiber, a Special Partner at SBNY, brings extensive experience from his tenure in venture capital and previous leadership roles. Michael Friedman, the company president, emphasizes the board's potential to enhance strategic direction and accelerate development efforts, particularly in serving under-served communities. The new advisory structure aims to attract further experienced leaders across various sectors.

Innovative MedTech has announced the acquisition of RX Vitality in a stock transaction aimed at enhancing its health and wellness services. Under the terms, RX Vitality shareholders will receive 5.5 million shares of common stock and 50,000 shares of convertible preferred stock. CEO Michael Friedman emphasized the importance of this acquisition for expanding their digital wallet and mobile application in the market. The RX Vitality management team brings over 100 years of combined experience that will aid in achieving future growth strategies.

Innovative MedTech, Inc. (OTC: IMTH) announced the collaboration with a new chef to enhance its health conscious menu. The CEO, Dr. Merle Griff, emphasized the company's commitment to providing nutritious meals for families. With over 25 years in the sector, SarahCare aims to leverage its brand and explore partnerships to expand its menu offerings.

Additionally, the company operates RX Vitality, a health care app under development, alongside its subsidiary, SarahCare, which runs adult day care centers across the U.S.