VANCOUVER, BC – August 3, 2021 – HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) (CSE:HS) (Frankfurt:38H) (OTC:HDSLF) is pleased to announce it has finalized its new contract with Sonoma County Health Care Agency in California (“Sonoma County”).
On February 23rd, 2021 HealthSpace announced the award of a five year agreement with Sonoma County, with a total contract value of $704,400.
On July 13th the Board of Supervisors voted to approve the new contract. The total approved, $704,400, has been executed, of which $364,500 is recurring revenue over the next five years. The project, as previously announced, includes HSPay, and will commence immediately.
HealthSpace CEO, Silas Garrison noted “We are excited to begin implementation for Sonoma County. As has been the case with many counties – especially in states with high cases – the final execution and start of the project was delayed far more than normal due to pressing issues for the County around vaccinations and re-opening. We are thrilled to now be underway with this project, and to be serving the citizens of Sonoma County.“
HealthSpace Data Systems Ltd.
HealthSpace is an industry leading technology company currently providing inspection, information, communication and data management systems for federal, state, county and municipal governments. Over the last decade, HealthSpace has successfully developed both enterprise and mobile internet-based applications currently serving over 500 state and local government organizations across North America. HealthSpace currently offers the only integrated inspection, administration and analytics product suite across all platforms in North America. Further, HealthSpace now delivers its government grade technologies to private businesses enabling them to gain visibility and predictability into their own organizations and move from a reactive to a proactive operational status. HealthSpace continues to deliver focused service and innovative solutions to government organizations, while expanding into commercial enterprise verticals to enable new customers with proactive environmental health best practices and policies. HealthSpace has now entered into the FinTech space by creating a payment platform that streamlines the intake of government revenue for the agencies it serves.
Forward-Looking Statements
This release may contain forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “pipeline”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although HealthSpace 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 may differ materially from those in forward looking statements. HealthSpace expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
For more information please contact:
Silas Garrison
CEO
(415) 580-2735
silas@hscloudsuite.com
Victoria Rutherford
Investor Relations
(604) 757-6888
victoria@adcap.ca
For more information please contact:
Silas Garrison
CEO
(704) 519-8964
silas@hscloudsuite.com
Victoria Rutherford
Investor Relations
(604) 757-6888
victoria@adcap.ca
