Maitri Health Technologies Corp.'s Profile

Maitri Health is a global platform for health care supply security. The company is defining new protocols for production, logistics, and management of essential health care technology.

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Maitri Health Technologies and Bloom Health Partners Announce Abbas Khan as Chief Marketing Officer
AGORACOM-AB
August 04
Maitri Health Technologies Corp.
Symbol
MTEC
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CSE
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33,728,682 as of 03/01/2021
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Technology & Medical
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Maitri Health Technologies Corp.'s Bulletin

Co-Founder of Bloom Health Partners to lead go-to-market strategy for Testing Services, Occupational Health and Big Data Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - Maitri Health Technologies Corp. (CSE: MTEC) (FRA: D84) ("Maitri" or the "Company") and Bloom Health Partners ("Bloom Health"), a global platform for healthcare supply security, are pleased to announce that Abbas Khan, a seasoned marketing leader and co-founder of Bloom Health will be Chief Marketing Officer (CMO) of the combined organizations. Maitri's closing of the Bloom Health acquisition was previously announced on July 15, 2021. Mr. Khan's experience includes serving as Marketing Manager for Life Biosciences and Commercialization Director for the cutting-edge health tech company CloudMex, where he led the rebrand of their communication strategy and managed their partnership and product development with Anthem Health. His background also includes strategic marketing roles at Sterling-Rice Group and PepsiCo. Khan co-founded Bloom Health with a vision to create best in class clinical practices that keep organizations running. He helped build a loyal client base of Fortune 500 companies and major sporting events, along with major film and TV productions. "Abbas will play a key role in our growing leadership team," said Andrew Morton, CEO of Maitri and Bloom Health. "He will help define our go-to-market strategy, branding and product definition. Under Abbas' guidance, our newly merged organizations will deliver next generation occupational health services, testing and data driven health-tech. Maitri is focused on helping organizations return to regular operations and create more productive workplaces by keeping people healthy in the years to come." "I'm looking forward to taking on this role on the Bloom Health/Maitri team and creating synergies that take workplace health and safety to the next level," said Khan. "Our goal is to democratize the availability of healthcare and provide adaptable solutions that create a better experience for both employers and employees." The Company has also granted 300,000 stock options to directors of the Company, in accordance with the provisions of its stock option plan. Each stock option is exercisable at $0.31 per common share (being the closing price of the Company's common shares on August 3, 2021). The stock options have a term of five years and vest over a three year period. About Maitri Health Technologies Maitri Health Technologies Corp. (CSE: MTEC) (FRA: D84) is a global platform for healthcare security. Our mission is to enhance safety and quality of life by keeping organizations and economies running. Maitri offers a system for businesses and organizations that helps engage employees and create strategies to manage health and safety. Our stable, scalable system is an integrated health-tech platform that securely manages data while delivering comprehensive workplace health and safety outcomes. For more information: https://maitrihealth.ca/. About Bloom Health Bloom Health is a trusted occupational health and safety service provider, offering a network of top healthcare professionals and integrated laboratories for Fortune 500 companies, Hollywood productions and major sporting and music events. Bloom Health's mission is to ensure that "unstoppable is possible" for businesses and their employees through innovative, customized healthcare models. For more information, visit www.bloomhealthpartners.com. For more information: investors@maitrihealth.ca. On behalf of the board of directors, MAITRI HEALTH TECHNOLOGIES CORP. Andrew Morton, Chief Executive Officer Forward-Looking Statements This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws.
New organization combines a trusted clinical partner to the film industry and Fortune 500 clients with a digital strategy and prominent high growth leadership team. This document replaces in its entirety the press release that was issued by Maitri Health Technologies Corp ("Maitri" or the "Company") today, July 15, 2021 at 8:30AM ET. No factual details have been amended. The replaced press release follows in full below: Vancouver, British Columbia--(Newsfile Corp. - July 15, 2021) - Maitri Health Technologies Corp. (CSE: MTEC) (FSE: D84) ("Maitri" or the "Company") is pleased to announce that, further to its press release dated July 2, 2021, it has completed the acquisition of Round Hill Health Partners dba Bloom Health Partners ("Bloom"). Maitri also announces two new incoming board members who are proven new category leaders: Dr. Nimisha Kalia and John Garcia. Dr. Nimisha Kalia is currently Chief Medical Officer at GE Corporate. She is board-certified in Internal Medicine, Occupational Medicine, and Public Health and General Preventive Medicine. Among her many achievements, Dr. Kalia held academic appointments at Johns Hopkins University School of Medicine, the Johns Hopkins Bloomberg School of Public Health, and the Dell Medical School, University of Texas at Austin. She has numerous peer-reviewed publications including return on investment for onsite clinics. She has also consulted on occupational medicine programs for academic hospital systems, Fortune 500 corporations and for international clients in India and China. John Garcia is an accomplished senior executive who spent 32 years in the telecom industry. As the 40th employee of Sprint Wireless, Mr. Garcia held pivotal roles and oversaw significant growth as SVP-Sales, Chief Marketing Officer and President of Wireless. After retiring from Sprint, he engaged in several strategic consulting projects. Highlights include YRC, the nation's largest less than truckload (LTL) carrier; VRide, a nationwide commuter van service augmenting local commuter services and Otsuka Pharmaceuticals' highly innovative digital health roadmap. Current directors Hon. Tony Clement and Dr. Sam Pillersdorf will step down from their current board roles and join Maitri's advisory board. "We're pleased to announce the closing of our acquisition of Bloom," said Andrew Morton, Maitri CEO. "Both the Maitri and Bloom teams performed exceptionally in this closing and confirmed my confidence in our capabilities. We want to thank the Hon. Tony Clement and Dr. Sam Pillersdorf for the great work they've done as directors. We're thrilled that they will continue as advisors as we welcome Dr. Kalia and Mr. Garcia to our board of directors. Our company is well equipped to succeed as a leader in testing, health-tech and occupational health." "The Bloom team is excited to join forces with Maitri," said Abbas Khan, Bloom Health co-founder. "Our collective teams will bring service and science together in a new way, to deliver a next generation healthcare ecosystem for our clients." For information regarding the terms of the acquisition of Bloom, readers are encouraged to review the news release issued by the Company on July 2, 2021. About Maitri Health Technologies Maitri Health Technologies Corp. (CSE: MTEC) (FSE: D84) is a global platform for healthcare security. Our mission is to enhance safety and quality of life by keeping organizations and economies running. Maitri offers a system for businesses and organizations that helps engage employees and create strategies to manage health and safety. Our stable, scalable system is an integrated health-tech platform that securely manages data while delivering comprehensive workplace health and safety outcomes. For more information: https://maitrihealth.ca/ About Bloom Health Bloom Health is a trusted occupational health and safety service provider, offering a network of top healthcare professionals and integrated laboratories for Fortune 500 companies, Hollywood productions and major sporting and music events. Bloom Health's mission is to ensure that "unstoppable is possible" for businesses and their employees through innovative, customized healthcare models. For more information, visit www.bloomhealthpartners.com. For more information: investors@maitrihealth.ca On behalf of the board of directors, MAITRI HEALTH TECHNOLOGIES CORP. Andrew Morton, Chief Executive Officer Forward-Looking Statements This news release includes forward-looking statements that are subject to risks and uncertainties, including statements regarding the benefits of the Bloom Health transaction. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in the Company's forward-looking statements include the the potential that milestones may not be satisfied, acquisitions may not achieve expected benefits, financing requirements, and the other risk factors described in the Company's filings with Canadian securities regulators on www.sedar.com. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90368
Maitri Health Technologies (CSE: MTEC) is a global platform for healthcare supply security whose main focus provides a reliable source of certified PPE (personal protective equipment) and testing solutions through an onshore manufacturing model.    This model has led to the creation of innovative and industry leading products including 3D certified surgical masks and patent-pending face shields, all integrated with technology to help track, trace and enable safer workplaces and communities. It all takes place against a backdrop of huge potential: the global personal protective equipment market size is expected to reach USD 123.38 billion by 2027, registering a CAGR of 9.6%. After previously securing Health Canada approval for its domestically manufactured N95 masks, the company has had an eventful year to-date, including:   Being asked by the British Columbia Ministry of Jobs, Economic Recovery & Innovation to join a government-supported virtual trade mission to the United Kingdom. Hiring Andrew McCann, a digital innovator in cloud platforms and online user experiences, and co-founder of DeviantArt, as Chief Technology Officer. Appointing Bridget Ross, CEO of Israel-based MedTech company ChroniSense Medical, to its Advisory Board.   Now, Maitri has signed a massive $20m USD agreement to acquire Bloom Health Partners, in a deal that will stand to create a new generation of occupational health services.   The merged operations of the two companies will raise the bar in health and safety as a complete digital, clinical, health and safety platform for Fortune 500 companies; movie studios; and educational and government institutions. We caught up with Andrew Morton, Maitri’s CEO, to break down the deal...
IIROC Trading Halt - MTEC VANCOUVER, BC , June 30, 2021 /CNW/ - The following issues have been halted by IIROC: Company: Maitri Health Technologies Corp. CSE Symbol: MTEC All Issues: Yes Reason: At the Request of the Company Pending News Halt Time (ET): 7:45 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada . SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions