Reliq Health Technologies Announces Strategic Partnership with ForaCare Inc. to Ensure Hardware Availability for iUGO Care Customers

VANCOUVER, British Columbia, May 10, 2018 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT) (OTCQB:RQHTF) ("Reliq" or the "Company"), a technology company that develops innovative mobile health (mHealth) and telemedicine solutions for the Community-Based Healthcare market, is pleased to announce that it has signed a Memorandum of Understanding with ForaCare Inc. of Moorpark, CA to address hardware availability for iUGO Care customers.

"We are very pleased to have partnered with ForaCare Inc. to help our customers provide their remote and rural patients with cellular-enabled monitoring devices," said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc.  "Reliq's iUGO Care platform is hardware-agnostic, meaning that our clients can choose whichever monitoring devices they feel will work best for their patients.  Many of our clients in Texas who work in underserved communities where there are no internet service providers require monitoring devices that can collect and share patient data over a cellular network.  ForaCare's D40g 2-in-1 blood glucose and blood pressure monitoring device is SIM card-enabled and ideally suited to these applications.  This partnership will allow us to work closely with ForaCare on forecasts to ensure adequate device supply for our clients going forward. 

"Our mission at ForaCare is to enable accurate and easy to use in-home biometric monitoring even for patients in communities without conventional internet access," said Derek Lin, CEO, ForaCare Global.  "We are excited to have achieved significant growth with our FORA D40g SIM card-enabled blood glucose and blood pressure monitoring device.  We look forward to working with Reliq Health to ensure positive health outcomes for their current and future customers."

Based in Moorpark, California, ForaCare Inc. is a technology company dedicated to the design, development, and marketing of innovative medical device products for chronic disease management.  The aim of ForaCare Inc. is to complete the cycle of chronic disease management by combining innovative medical device technologies and clinical software applications.

ON BEHALF OF THE BOARD

"Dr. Lisa Crossley"

CEO and Director

For further information contact:

Investor Relations at Reliq Health at 604-566-9233 or [email protected]

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.

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Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws.  All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements".

We caution you that such "forward-looking statements" involve known and unknown risks and uncertainties that could cause actual and future events to differ materially from those anticipated in such statements.

Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. 

Reliq Health Technologies Inc. (the "Company") does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company's historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.

SOURCE: Reliq Health Technologies Inc.