WTEQF - WTEQF STOCK NEWS

Wellteq Digital Health (CSE: WTEQ / OTCQB: WTEQF) has signed a Letter of Intent with Monash University to commercialize advanced sleep technology targeting insomnia, fatigue, and burnout among shift workers. With the global sleep market projected to reach USD 137.16 billion by 2026, Wellteq aims to integrate this technology into its existing health solutions for various sectors, including aviation and healthcare. Monash University, a leading research institution, has developed the sleep technology over seven years, holding a patent application for it.

Wellteq Digital Health Inc. (CSE:WTEQ, OTCQB:WTEQF) has extended its three-year agreement with nib health funds, Australia’s fourth-largest private health insurer, emphasizing their long-standing relationship. This extension allows Wellteq to enhance member engagement via its customized digital health platform, integrating Garmin and other health providers. nib, serving over 1.2 million policyholders, aims to transform from a traditional payer to a health partner, focusing on personalized care and health management tools for its members.

Wellteq Digital Health Inc. (CSE:WTEQ) reported an impressive 100% growth in SaaS revenue for the year ending June 30, 2021, with projections reaching CA$1.1M to CA$1.25M. User growth also exceeded 100%, totaling 17,092 users by August 31, 2021. The company is expanding its client base, now partnering with notable institutions like Northern Trust and UBS, aiming to reach nearly three million lives in the coming quarters. With strong cash reserves of CA$7.15M, Wellteq is well-positioned for continued growth.

Wellteq Digital Health Inc. (CSE:WTEQ, OTCQB:WTEQF) will participate in the Virtual Gravitas Health Reimagined Investor Day on September 16th, 2021. CEO Scott Montgomery is set to present at 9:00 AM PT (12:00 PM ET) and will address investor inquiries during the event. This conference will feature key leaders in healthcare and will attract both institutional and retail investors from North America and abroad. For more information, visit Gravitas Securities.

Wellteq Digital Health has signed a 5-year Master Services Agreement with Northern Trust Corporation to provide wellness solutions. This partnership aims to enhance employee health and reduce costs related to absenteeism and healthcare. Wellteq's platform, which includes personalized wellness and digital coaching, will initially support Northern Trust's Asia Pacific teams in Q3 2021. The wellness industry is projected to exceed US $90 billion annually by 2026, highlighting the growing demand for health services in the workplace.

Wellteq (CSE:WTEQ, OTC:WTEQF) has enhanced its partnership with Garmin to introduce new enterprise wellness solutions across the Asia Pacific. In response to COVID-19, Wellteq’s digital platform focuses on health indicators to boost well-being and resilience against the virus. The initiative offers quick-to-launch solutions, including discounted Garmin wearables and free access for employees’ adult family members. The platform supports health analytics for HR professionals and is available in multiple languages, aiming to promote healthy living during ongoing lockdowns.