Innovative MedTech Announces Live Version of its RX Vitality App Now Available for Public Download in the Apple iOS App Store

Rhea-AI Summary

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.

Positive

• RX Vitality digital healthcare wallet is now available on both Apple and Android platforms.
• Offers pharmaceutical discounts of up to 20-75% at 65,000 pharmacies across the U.S.
• Partnerships and user growth strategies are being implemented post-launch.

Negative

• None.

Company Published its First App on the Apple iOS App Store

BLUE ISLAND, Ill., June 15, 2022 (GLOBE NEWSWIRE) -- Innovative MedTech, Inc. (the “Company”) (OTC: IMTH), a provider of health and wellness services, today announced that its RX Vitality digital healthcare wallet is now available for download at the Apple iOS App store for Apple iPhone users. The Company’s app has already been approved and is available on the Google Play Store.

The Company is committed to help bank the underbanked, and to help those who need the benefits of our RX Vitality digital wallet. Some of our key app features for qualified members who sign up and are approved for our RX Vitality digital wallet (which will include a healthcare debit card) include:

• Shop & Earn store, with discounts at 500+ online merchants
• Loyalty Program where members can earn points when they shop and use their wallet (or debit card)
• Certain pharmaceutical discounts of up to 20-75% at 65,000 pharmacies across the United States, including Walgreens and CVS
  

“We now have our RX Vitality digital healthcare wallet available for both Apple iOS and Android users to download on the Apple iOS App Store and the Google Play Store. With the completion of this first phase of our growth plans, having our mobile app available on both app stores, we are shifting our focus and efforts from development to growth by working on securing partnerships and growing our user and membership base. We are very excited about the direction that the company is moving in,” said Michael Friedman, President of the Company.

About Innovative MedTech, Inc.

Innovative MedTech, Inc. is a provider of health and wellness services, and has two divisions: the RX Vitality digital wallet and health care app (available on both the iOS and Google Play App Stores), and the company’s wholly owned subsidiary SarahCare, an adult day care center franchisor with 2 corporate owned centers and 26 franchise locations across the United States. SarahCare offers seniors daytime care and activities ranging from exercise and medical needs daily to nursing care and salon services. For more information, please visit: https://innovativemedtechinc.com, and https://sarahcare.com.

Safe Harbor Statement

Statements in this press release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are only predictions and are not guarantees of future performance and are based on certain assumptions and reflect management's current expectations. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations and are subject to change at any time. Some of these factors include: general global economic conditions; general industry and market conditions, sector changes and growth rates; uncertainty as to whether our strategies and business plans will yield the expected benefits; increasing competition; availability and cost of capital; the ability to identify, develop and achieve commercial success; the level of expenditures necessary to maintain and improve the quality of services; changes in the economy; changes in laws and regulations, including codes and standards, intellectual property rights, and tax matters; or other matters not anticipated; our ability to secure and maintain strategic relationships and distribution agreements. These and other important factors may cause the Company’s actual results, performance, or achievements to differ materially from any future results, performance, achievements or plans expressed or implied by these forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Media inquiries:

Michael Friedman
708-925-9424
ir@innovativemedtechinc.com

FAQ

What is the RX Vitality digital healthcare wallet from Innovative MedTech?

The RX Vitality digital healthcare wallet is an app providing healthcare-related financial services, including discounts on pharmaceuticals and rewards for shopping.

When was the RX Vitality app launched on the Apple iOS App Store?

The RX Vitality app was launched on the Apple iOS App Store on June 15, 2022.

How can users benefit from the RX Vitality app discounts?

Users can access discounts of up to 20-75% at 65,000 pharmacies and earn points through the app's loyalty program.

What are the future plans for Innovative MedTech after launching the app?

Innovative MedTech plans to focus on securing partnerships and growing its user and membership base.

Which pharmacies offer discounts through RX Vitality?

RX Vitality offers discounts at major pharmacies, including Walgreens and CVS.