Toronto, Ontario, March 4, 2021 – Danavation Technologies Corp. (CSE:DVN) (“Danavation” or the “Company“), a Canadian-based Internet of Things (IoT) technology company and provider of micro e-paper displays, is pleased to announce the signing of a software and purchasing agreement for Danavation’s Digital Smart LabelsTM with The Ensign Group, Inc. (“Ensign”), marking the Company’s first installation in the healthcare sector. Through independent operating subsidiaries, Ensign has a total of 232 healthcare facilities providing a broad spectrum of skilled nursing, assisted living and other rehabilitative and healthcare services across the United States, and will be commencing a pilot launch of Danavation’s platform which supports the Company’s strategy to expand beyond its retail foundation.
The pilot launch will be at an Ensign-affiliated interim care home located in San Diego, California, with installation to commence during Q2 2021. By implementing the Company’s Digital Smart LabelsTM model, with custom face plates and mounting brackets, Ensign will be able to effectively digitize the patient and caregiver experience. Danavation’s Digital Smart LabelsTM offer a secure and innovative solution for healthcare and long-term care facilities to safely store, display and access information. With the click of a button, medical professionals can easily update and retrieve patient data, such as life-threatening allergies, dietary requirements and other critical information in real time — with peace of mind knowing it will always be accurate.
Ensign’s subsidiaries provide a broad range of healthcare services at multiple locations across the U.S., including in Arizona, California, Colorado, Idaho, Iowa, Kansas, Nebraska, Nevada, South Carolina, Texas, Utah, Washington and Wisconsin. Several other post-acute-related services, including mobile x-ray, lab, non-emergency transportation services and other consulting services are offered across several states by Ensign’s new business venture operating subsidiaries.
“I am very pleased to welcome Ensign to the Danavation family of customers and announce this pivotal milestone of expanding into the North American healthcare sector. Building on our continued momentum with retail clients, we are now broadening our reach to target markets where there is a need to seamlessly and accurately update critical data in order to capture efficiencies and ultimately, enhance the delivery of client care,” said John Ricci, CEO of Danavation. “Our Digital Smart LabelsTM offer an efficient and secure transition to digitizing patient care, allowing for the optimization of integral operations while improving the overall patient experience. As the global digital health market continues to expand, our pilot with Ensign ensures we are well positioned to capitalize on this important strategic opportunity.”
Danavation Technologies Corp. is a Canadian-based, Internet of Things (IoT) technology company, providing micro e-paper displays to organizations across North America. The Company’s Digital Smart Labels™, powered by IoT automation technology and software Platform-as-a-Service (PaaS), enables companies across various sectors to automate labelling, price, product, and promotions in real-time, enhancing data accuracy and improving performance by removing high labour costs and low productivity associated with traditional labour-intensive workflows. By empowering the adoption of smart retail, smart cities and industry 4.0, our goal is to create a sustainable and profitable business for shareholders while advancing sound environmental, social and governance practices, including by significantly reducing paper usage. Danavation has introduced its solution to retailers across North America, including big box and boutique grocers, while also targeting new markets including healthcare providers, manufacturing, and logistics companies. Learn more about the background of Danavation and our vision for the future on our website at www.danavation.com.
For further information, please contact:
President & Chief Executive Officer
5 Quarters Investor Relations, Inc.
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Mr. Nelson Hudes
Hudes Communications International
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