CLOUD DX Signs New Contracts with 2 Ontario Community Paramedic Services - Seite 2

The agreements announced today have a term of 24 months. Including the purchase of products, subscriptions and bundled services, the aggregate value of these contracts is approximately $140,000 CAD. In their most recent financial statements Cloud DX reported gross margins of approximately 77%.

Cloud DX Co-founder and COO Anthony Kaul stated: "Cloud DX is pleased to continue supporting the very effective Community Paramedicine for Long-Term Care program in Ontario. Especially in rural areas, patients with chronic conditions, or patients recovering from surgery may be a long distance from the nearest hospital, which puts additional pressure on paramedics. Home monitoring both keeps patients safer and makes the job of the paramedics easier."

*COPD = Chronic Obstructive Pulmonary Disease

About Cloud DX

Accelerating digital healthcare, Cloud DX is on a mission to make healthcare better for everyone. Our Connected Health remote patient monitoring platform is used by healthcare enterprises and care teams across North America to virtually manage chronic disease, enable aging in place, and deliver hospital-quality post-surgical care in the home. Our partners achieve better healthcare and patient outcomes, reduce the need for hospitalization or re-admission, and reduce healthcare delivery costs through more efficient use of resources. Cloud DX is the co-winner of the Qualcomm Tricorder XPRIZE, winner of "2022 Top Innovator" from Canadian Business, a 2021 "Edison Award" winner, a Fast Company "World Changing Idea" finalist, and one of "Canada's Ten Most Prominent Telehealth Providers." Cloud DX is an exclusive partner to Medtronic Canada and Teladoc Health Canada.

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Officer responsible for this Press Release:
Robert Kaul

Chief Executive Officer