The Financing was led by
"As significant investors in AceAge and strong believers in the potential of the Karie device, we are pleased to have organizations of the caliber of Longliv/CK Hutchinson and Bloom Burton join us as strategic partners and shareholders, and provide additional capital to support AceAge in this significant global opportunity," said
"This year we have had a tremendous amount of success helping people in
Dr.
About Karie and AceAge
Based in
Karie allows users with complex medication regimes to take their medication independently. Karie uses multi-dose pouch packaging, which are strips of medication that are pre-organized, scheduled, and barcoded by dose by a pharmacist. When it is time for each medication, Karie automatically lights up and chimes to notify the user that it's time to take their medication, and dispenses the correct dose at the correct time when the user interacts with the device. Karie's remote monitoring system also provides peace of mind for those who want to check up on their loved ones from afar. If a dose of medication is ever missed, Karie will send a notification to a friend, family member or caregiver, who can call or provide assistance if needed.
For more information, visit please visit www.aceage.com and www.kariehealth.com.
About
Forward-Looking Statements
This press release contains statements that may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements include, among others, statements regarding the Company's business strategy, plans and other expectations, beliefs, goals, objectives, information and statements about possible future events. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate" or similar expressions suggesting future outcomes or events. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management.
Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those contemplated by such statements. Factors that could cause such differences include the Company's exposure to and reliance on government regulation and funding, the Company's liquidity and capital requirements, exposure to epidemic or pandemic outbreak, the highly competitive nature of the Company's industry, reliance on contracts with key customers and other risk factors described from time to time in the reports and disclosure documents filed by the Company with Canadian securities regulatory agencies and commissions. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. As a result of the foregoing and other factors, no assurance can be given as to any such future results, levels of activity or achievements and neither the Company nor any other person assumes responsibility for the accuracy and completeness of these forward-looking statements. The factors underlying current expectations are dynamic and subject to change.
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