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Edge Technologies Secures Renewal with the Veterans Administration to Continue Empowering Pharmacy Monitoring Automation

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Edge Technologies, trading under the ticker symbols TSXV: CTRL, OTCQB: UNFYF, and FSE: Q5I, has secured a renewal with the Veterans Administration for a 5 million USD contract to empower pharmacy monitoring automation. The company's edgeCore platform will provide real-time digital twin solutions for the VA's Consolidated Mail Outpatient Pharmacy (CMOP) until 2025, ensuring safe and efficient delivery of over 500,000 prescriptions daily. CEO Jim Barrett expressed the company's commitment to serving Veterans and enhancing operational efficiency.
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edgeCore Delivers Composite Digital Twin of the VA's Consolidated Mail Outpatient Pharmacy (CMOP)

Arlington, Virginia--(Newsfile Corp. - April 17, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) ("edgeTI", "Edge Technologies", "Company"), a leading provider of edgeCore™, a real-time Digital Twins platform, is pleased to announce the securing of the second year of its multi-year, 5 million dollar USD contract in support of the United States of America Department of Veterans Affairs ("VA") to help manage the VA's Consolidated Mail Outpatient Pharmacy (CMOP) into 2025.

The National CMOP and Regional CMOPs require mission critical metrics and control of workflows to deliver more than 500,000 prescriptions safely and efficiently to Veterans daily.

"We are honored to continue to serve our Veterans by delivering real-time situational awareness and equipping VA pharmacy leaders to accomplish more efficient operations and decision-making capabilities," said Jim Barrett, CEO of EdgeTI.

About edgeTI

edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applicates and data sources into one immersive experience called a Digital Twin. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations — helping them achieve the impossible.

Website: https://edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies
Twitter: www.twitter.com/edge_suite

For more information, please contact:

Nick Brigman, Analyst and Press Relations
Phone: 888-771-3343
Email: ir@edgeti.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information and Statements

Certain statements in this news release are forward-looking statements or information for the purposes of applicable Canadian and US securities law. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions or the ability to secure patents for ECP.

Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include the competition and general economic, and market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Edge Total Intelligence Inc, April 17, 2024, 3:01AM EST

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/205764

FAQ

What is the ticker symbol for Edge Technologies?

Edge Technologies trades under the ticker symbols TSXV: CTRL, OTCQB: UNFYF, and FSE: Q5I.

What contract renewal did Edge Technologies secure with the Veterans Administration?

Edge Technologies secured a second year of a multi-year, 5 million USD contract to support the VA's Consolidated Mail Outpatient Pharmacy (CMOP) until 2025.

How many prescriptions does the VA's CMOP deliver daily?

The VA's CMOP delivers more than 500,000 prescriptions daily.

Who is the CEO of Edge Total Intelligence Inc.?

Jim Barrett is the CEO of Edge Total Intelligence Inc.

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