• Wellteq Digital Health Inc. (CSE: WTEQ, OTCQB: WTEQF) is increasing its investment in sleep resolution opportunities as one of the four behavioral levers of health training.

  • Wellteq has signed an agreement on a perpetual license for sleep chronotype assessment and education content by one of the leading Asia-Pacific sleep technology companies.

  • Wellteq intends to immediately integrate newly licensed sleep assets into an existing corporate health solution ացնել to accelerate the development of clinical sleep solutions.

  • The initial terms of the transaction have been adjusted from $ 600,000 to AU $ 70,000 to reflect the unlimited perpetual license versus acquisition.

  • This license accelerates Wellteq’s sleep assessment և coaching capabilities for approximately 12 months.

  • Sleep market revenues are accelerating and are projected to reach $ 137.16 billion by 2026, which is 100% higher than the current corporate welfare market.

OCTOBER 2021, 2021, Vancouver, British Columbia: Wellteq Digital Health Inc. (CSE: WTEQ) (OTCBB: WTEQF), (Company or Wellteq »), which provides digital health և health solutions to customers in 30 languages ​​in 30 countries around the world, is pleased to announce that Wellteq has completed a perpetual license agreement with Sleep Chronology after the company’s June 8, 2021 News Release. և for educational content with one of the leading suppliers of Asian Pacific Sleep Technology. Under the perpetual license, Wellteq has unlimited use rights in connection with the license assets.

Wellteq focuses on training its customers in the four levers of behavioral health: activity, nutrition, and mindset. The company recognizes the importance of sleep in industry-proven occupational health և safety departments, where fatigue-related accidents can lead to serious injury, death և direct զգալի significant liability costs. Industries such as aviation, logistics, mining, construction, oil and gas have had special units for decades to combat this risk. Wearable devices such as Apple Watch (NASDAQ: AAPL), Fitbit (NASDAQ: GOOG) և Garmin (NASDAQ: GRMN) և data-based healthcare providers such as Wellteq are rapidly advancing the solution capabilities of these traditional enterprises for customers նոր a new generation of customers. insurance և healthcare.

The COVID-19 epidemic has contributed to an increase in the incidence of sleep disorders from conditions such as insomnia, stress, and anxiety, which directly affect fatigue, exhaustion, and exhaustion in almost every category; it is no longer limited to the blue areas. The overall target market for employee sleep solutions is growing rapidly and is projected to reach $ 137.16 billion in revenue by 2026. Wellteq sophisticated training programs in the areas of activity, nutrition, sleep և mental health are firmly established as the industry leader in digital sleep solutions. in corporate և healthcare.

Wellteq CEO Scott Montgomery says: The COVID-19 epidemic has increased the prevalence of sleep disorders, which affect people’s personal lives and their work role. Wellteq is investing in development, licensing, partnerships, acquisitions, rapidly advancing our complex sleep solutions, and supporting our revenue growth model.

About Wellteq Digital Health Inc.

Wellteq Digital Health Inc. is the world’s leading provider of personalized digital և health care solutions throughout ongoing care. To learn more, visit http://www.wellteq.co.

Download Wellteq Corporate Presentation.


Wellteq Investor Contact:

Glen Axelrod

Bristol investor relations

E: glen@bristolir.com:

T: (905) 326-1888

Ward warning note about future announcements.

This news release contains information or announcements that constitute “prospective announcements”. Such prospective statements include known և unknown risks, uncertainties և other factors that may cause actual results, performance, or achievements or developments to differ materially from the expected results, performance, or achievements expressed or implied in such prospective statements. Future statements are statements that are not historical facts at all, but are not always identified with words such as “expects”, “plans”, “predicts”, “believes”, “intends”, “evaluates” is “,” projects “. “,” “Potential” արտահայտ similar expressions, or that events or conditions “want”, “exist”, “can”, “can” or “should” occur.

Further information may include, without limitation, activity, business, financial position, expected financial results, performance, prospects, opportunities, priorities, targets, objectives, current objectives, benchmarks, strategy և Wellteq Outlook և Includes Statements Among other things, future developments and future operations of Wellteq, strengths and strategies. Prospective information is provided to provide current management expectations և to provide information on the future; է readers are warned that such statements may be inappropriate for other purposes. These statements should not be read as a guarantee of future performance or results.

The prospective statements in this release are based on other factors ղեկավար management ենթ assumptions և analysis, on which management can draw conclusions ումներ make or make predictions, including management և historical trends, current conditions գնահատ assessments of the expected future. developments. Although management believes that these assumptions, analyzes and assessments are reasonable when the statements contained in this statement are made, the actual results may differ significantly from those provided in any prospective statement. Examples of risk factors that may cause actual results to differ significantly from prospective statements may include: regulatory, legislative, legal or other developments related to its activities or activities; Limited marketing և sales opportunities; Early stage of industry և product development. limited products; rely on third parties; unfavorable publicity or consumer perception; general economic conditions և financial markets; the impact of increased competition; loss of key management personnel; capital requirements և liquidity; access to capital; term of capital expenditures և amount. The effect of COVID-19; Changes in market demand for Wellteq արտադ products. reform of patent legislation; patent litigation և intellectual property; conflict of interest; general market և economic conditions.

The prospective information contained in this news item represents Wellteq’s expectations as of the date of this issue and is subject to change after that date. Readers should not misuse prospective information; they should not rely on this information at any other date. Wellteq has no obligation to update these prospective statements if management’s beliefs, assessments or opinions or other factors change.

CSE neither confirmed nor denied the content of this message.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not offer investment advice. All rights reserved.