VANCOUVER, BC – July 27, 2021 – HealthSpace Data Systems Ltd. (the “Company” or “HealthSpace”) (CSE:HS) (Frankfurt:38H) (OTC:HDSLF) is pleased to announce it has finalized its contract with Orange County Health Care Agency in California (“Orange County”).
On May 28th, 2021 the Company announced the award of a five year agreement with Orange County, with a total contract value of $1,292,147.
On July 13th the Board of Supervisors voted to approve the new contract which is now signed and executed. The board also approved an additional $129,214.70 for a total engagement value of $1,421,361.70. The contract represents at least $915,000 in recurring revenue over the next five years with the possibility that Orange County may add additional user seats to its use of GovCall which could increase the recurring portion.
In addition the company has signed a contract with the Central Utah Environmental Health Department for five years. The total contract value is $79,900, of which $60,000 is recurring.
HealthSpace CEO, Silas Garrison noted “We are excited to begin the implementation for Orange County. This partnership with the County is an example of the unique challenges that the past 18 months of the pandemic have brought. Many deals in our sales pipeline are being agreed to, negotiated, and approved, but the final steps to execute the contract and begin work have been delayed by the pandemic and subsequently the push to vaccinate and reopen; a process our customers play a pivotal role in. We are excited to see things beginning to normalize, and to be in a position to help our customers chart a path forward with cutting edge technology on the other side of this historic period.”
HealthSpace Data Systems Ltd.
HealthSpace is a government Software as a Service (SaaS) company focused on providing efficiencies to state and local government agencies through its powerful enterprise cloud and mobile platform. Over the last decade, HealthSpace has successfully developed both cloud and mobile applications currently serving over 500 state and local government organizations across North America. HealthSpace’s HSCloud Suite platform is one of the only self-serve enterprise SaaS platforms in the government space. HealthSpace is focused on revolutionizing every aspect of the regulatory process within state, provincial and local government; from licensing to inspections, to disease surveillance, to financial management. HealthSpace’s platform handles it all. HealthSpace is now entering the FinTech space by developing an online and mobile payment platform that streamlines the intake of government revenue for the agencies it serves. The Company has also expanded its offerings in the realm of communicable disease tracking by creating an automated contact solution which enables public health agencies to broaden the scope and depth of their communicable disease surveillance in an automated fashion.
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.
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.
Unisys (NYSE:UIS) is built on over 145 years of game-changing innovation. Along the way, we feel we’ve made the world a better place by bringing technological innovation to businesses and governments around the world. Our company has evolved and adapted over time, but our passion for innovation and for helping our clients succeed has remained constant.
In a digital age, citizens expect fast access to easy-to-use services and a quick response. What they don’t want is to be sent from one system to another, or to be forced to re-enter the same data multiple times. And state governments are on the hook to address all this in spite of budget constraints and a siloed IT environment that can’t support growing demands.
For these reasons, many state agencies have implemented a shared-services approach—combining agencies with a similar focus into clusters in order to share data and simplify processes. But they’ve seen mixed results. Some have come up against trust issues, with agencies reluctant to release control over specific data. Others, frustrated by the effort needed to enable cross-agency integration, have dropped the initiative entirely. Still others have decided to rip out and replace everything, with cost overruns contributing to an extremely costly solution.
With Unisys, state governments can deploy technology so that it supports an integrated service delivery model while minimizing risk and expense. They can leverage comprehensive services to help cut out costs, simplify workflows, and deliver an improved service experience along all touch points. Ultimately, agencies will be better positioned to satisfy citizens and help state government achieve its mission.
NASPO is a cooperative purchasing program facilitating public procurement solicitations and agreements using a lead-state model. Started in 1992, NASPO ValuePoint is the cooperative purchasing arm of the National Association of State Procurement Officials, or NASPO.
NASPO is a non-profit association dedicated to strengthening the procurement community through education, research, and communication. It is made up of the directors of the central purchasing offices of the 50 states, District of Columbia and territories of the United States. The NASPO purchasing officials provide leadership for professional public purchasing, improve the quality of purchasing and procurement, exchange information, and cooperate to attain greater efficiency and economy
By working with a cooperative purchasing organization, states are able to leverage their spending through a single solicitation with the best value and superior contract terms. NASPO ValuePoint and our contractors focus on price, quality, reliability, warranties, and service while protecting states’ interests with favorable terms and conditions.
States benefit from the lower administrative costs of processing solicitations by leveraging the expertise of staff across state boundaries. This division of labor allows states to share their resources and more efficiently achieve their business goals. NASPO ValuePoint reimburses states for the costs of leading and administering a NASPO ValuePoint, as well as for participating in sourcing teams.
Contractors also benefit considerably by avoiding the repetitive bid preparation expenses, eliminating the need for repetitive bids on the same solicitations for different jurisdictions. Contractors can factor in greater volumes for multiple jurisdictions when determining their pricing. These savings are then passed along to the states.
All states, the District of Columbia, and US Territories are eligible to use NASPO contracts.
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”, “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.
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