Innovative MedTech Enters Into an Agreement with mPulse Mobile to Expand Services in its Digital Wallet and App

Rhea-AI Summary

Innovative MedTech, Inc. (OTC: IMTH) has partnered with mPulse Mobile to enhance its digital health services. This collaboration aims to integrate mPulse's conversational AI and health education platform into IMTH's upcoming digital wallet and app. With mPulse's extensive experience—boasting over 150 healthcare clients and 500 million annual conversations—the partnership is expected to boost user engagement and educational outreach. Michael Friedman, President of Innovative MedTech, expressed optimism about the collaboration, highlighting mutual value addition.

Positive

• Strategic partnership with mPulse Mobile to enhance digital health services.
• mPulse's extensive experience and robust platform expected to boost user engagement.
• Development of a digital wallet and health app anticipated to improve consumer health experiences.

Negative

• None.

Strategic Move to Expand Services in its Digital Platform

BLUE ISLAND, Ill., April 05, 2022 (GLOBE NEWSWIRE) -- Innovative MedTech, Inc. (the "Company") (OTC: IMTH), a provider of health and wellness services, today announced that it has engaged mPulse Mobile, a leader in conversational AI and digital engagement solutions for the healthcare industry, to drive engagement with the Company’s digital app and wallet (currently under development).

mPulse Mobile’s health activation platform combines conversational AI with award-winning streaming health education to deliver tailored digital engagement that nurtures, educates, and activates healthcare consumers. According to mPulse, they have more than a decade of experience, 150+ healthcare customers and 500 million conversations annually. mPulse combines behavioral science, consumer insights, and engagement strategy to help healthcare organizations activate consumers to adopt healthy behaviors. mPulse’s solutions enable healthcare organizations to collect meaningful information from their populations, cost-effectively and at scale.

“We are excited to be working with mPulse Mobile to help execute on our growth strategy. By combining their unique conversational AI and rich streaming health education capabilities with our digital health wallet and app that we are developing, we believe we will be able to provide an outstanding health experience for consumers,” said Michael Friedman, President of the Company.

He continued, “As we continue development and expect to rollout our digital wallet and app soon, we feel that by including mPulse Mobile’s advanced technology in our platform we will boost engagement, education, and success for our users. We expect that this will be a collaborative effort, and we are excited to work with and, we believe, add value to each other’s platforms.”

About Innovative MedTech, Inc.

Innovative MedTech, Inc. is a provider of health and wellness services, and has two divisions: RX Vitality, a digital wallet and health care app under development, and 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 significance of Innovative MedTech's partnership with mPulse Mobile?

The partnership aims to enhance Innovative MedTech's digital health services by integrating mPulse Mobile's conversational AI, which is expected to boost user engagement and educational outreach.

What is the stock symbol for Innovative MedTech?

The stock symbol for Innovative MedTech is IMTH.

When was the partnership with mPulse Mobile announced?

The partnership with mPulse Mobile was announced on April 5, 2022.

What services does Innovative MedTech provide?

Innovative MedTech provides health and wellness services, primarily through its digital wallet and healthcare app currently under development.

How does mPulse Mobile contribute to Innovative MedTech's services?

mPulse Mobile contributes with its health activation platform that combines AI with health education, aimed at improving consumer engagement and promoting healthy behaviors.