Oventus Medical Ltd. or the Company announced new contracts with US durable medical equipment supplier, Connect DME and Australian fatigue risk management group, Circadian Australia. Oventus has secured a new Virtual Lab in Lab agreement with US-based national Durable Medical Equipment supplier, Connect DME. In the United States, durable medical equipment (DME) providers sell or lease medical equipment - such as CPAP machines, mobility equipment and a range of other products - to people for use at home. Connect DME is a durable medical equipment contractor to provide medical equipment to Third Party Administrators. A Third-Party Administrator (TPA) is a company that provides employee benefits management and operational services such as claims processing under contract. Many serve mid-sized or large companies that have opted to self-insure a portion of their liability, or workers compensation risks. They may also administer claims on behalf of businesses that have self-funded their health, dental or other benefit plans. The benefit to the company and Oventus is the reduced cost and burden of engaging with insurers as it is a cash pay model. The agreement between Oventus and Connect DME will see Oventus technology made available to members of health plans offered by Connect DME's customers. The agreement positions Oventus to significantly expand its distribution and footprint nationally.