UniDoc Signs Definitive Agreement to Provide Telehealth Services in Kenya
As at the date of this news release, the VCSM remains under development by the Company and has not
generated any revenues. There is no guarantee that any service fees will be paid to UniDoc under the Agreement or that
the VCSM will generate any revenues at all. The Company also agreed to provide certain data management and telecommunications services to be used by the Partner
to provide in-suite telehealth and related services in its designated facilities. The software and telecommunications
services will provide the Partner with access to an authentication service and on-line portal which permits secure,
live-streaming videoconferencing and transmission of diagnostic data between on-site patients physically using
individual kiosks units and remote healthcare professionals accessing the portal. Medical personnel for the VCSM kiosks
will be coordinated by the Partner. The Company has agreed to install the VCSM kiosks and perform initial functionality tests at locations to be specified
by the Partner. The Company has also agreed to provide to the Partner on-site training, follow-up training,
troubleshooting, and certain maintenance services and supplies including hardware support, software updates, data
analysis (upon request), and annual on-site testing and maintenance. The Agreement is for an initial period of five years and automatically renews for an additional five years unless
terminated upon written notice by either of the parties. The payment of service fees to UniDoc by the Partner under the
Agreement commences only upon delivery of the initial VCSM kiosks by UniDoc to the Partner. A further news release will
follow if initial delivery of VCSM kiosks has been successfully made by the Company to the Partner.