Health Logic Interactive Announces the Resignation of CEO and Appoints New Interim CEO to Focus on New Acquisition Targets

CALGARY, ABNov. 16, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: CHYPF) is pleased to announce the hiring of Mr. Harrison Ross as interim Chief Executive Officer for Health Logic and the resignation of Mr. David Barthel. In his role Mr. Ross will look to finalize the sale of the Company’s wholly owned subsidiary, My Health Logic Inc. (“My Health Logic“), to Marizyme Inc. (“Marizyme“) and begin the new strategic direction of the Company.

Mr. Ross, a Chartered Financial Analyst (CFA), was previously the Company’s CFO and is well versed in the Company history and will be in charge of leading the future direction of the Company. As the previous CFO of Health Logic, he was essential to the initial building of the business, helping restructure the previous shell, financing the Company, and streamlining of the business’ operations to help develop MATLOC 1 and the accompanying lab-on-chip technology. The sale of My Health Logic to Marizyme is expected to be complete this December 2021.

While the expected sale of My Health Logic closes, the Company will be actively looking for other acquisition and financing opportunities to prepare for a successful reactivation to the Tier ll of the TSX Venture Exchange (the “TSXV“) based on continued listing requirements.

In addition to Mr. Ross’ move from CFO to CEO, all directors of Health Logic will remain directors of the Company, George Kovalyov will move from COO to CFO of the Company, and David Barthel will resign as CEO of the Company and transition to Marizyme as their new CEO. Health Logic thanks Mr. Barthel for his excellent efforts in leading the Company and believe it is in the best interests of the Company’s shareholders that David become CEO of Marizyme to advance both MATLOC and Marizyme’s other exciting technologies including their flagship DuraGraft product.

Mr. Ross’ accomplishments include being CFO at DC Acquisition Corp., a Capital Pool Company listed on the TSXV that raised $2.5 million on its initial public offering before successfully completing its qualifying transaction of Kiaro Holdings Corp. (TSXV: KO). Mr. Ross has helped manage over $500 million in assets at Duncan Ross and Associates and was an analyst at the Family Office Belkorp Industries. Now, Mr. Ross is bringing his expertise to Health Logic as the interim CEO.

Mr. Ross is also a director of Codebase Ventures Inc. (CSE: CODE), an investment issuer focused on early stage investments in sectors with significant upside.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, has pursued the development and commercialization of consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. For more information visit us at: www.healthlogicinteractive.com.

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding: the sale of the Company’s wholly-owned subsidiary My Health Logic; the Company’s ability to identify and acquire new business opportunities; the Company’s expectations that it will be able to complete a financing necessary to acquire a new business opportunity; the Company’s expectation that it will successfully reactivate onto Tier II of the TSXV; Marizyme’s ability to progress its technologies; and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements.

These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: George Kovalyov, Director, info@healthlogicinteractive.com, 1-877-456-4424 CO: Health Logic Interactive Inc.

Health Logic Interactive Enters into Arrangement Agreement with Marizyme to Sell Wholly-Owned Operating Subsidiary

CALGARY, AB, Nov. 2, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: CHYPF) is pleased to announce that it has entered into a definitive arrangement agreement (the “Arrangement Agreement“) pursuant to which it will sell its wholly-owned operating subsidiary, My Health Logic Inc. (“My Health Logic“) to Marizyme, Inc. (“Marizyme“), a Nevada medical device company publicly-traded on the OTCQB (the “Transaction“). Under the terms of the Arrangement Agreement, Marizyme will receive all of the issued and outstanding shares of My Health Logic in exchange for 4,600,000 shares of common stock of Marizyme (“Marizyme Shares“). Upon completion of the Transaction, My Health Logic will be a wholly-owned subsidiary of Marizyme.

Marizyme has a robust IP portfolio for its medical device platform technologies. Its leading technology, DuraGraft®, is currently under pre-submission review with the United States Food and Drug Administration (“FDA“). DuraGraft® is approved in 34 countries and has already achieved initial commercial sales in Europe and Asia. Marizyme intends to pursue a listing on the NASDAQ Stock Market (“NASDAQ“) within the next twelve months.

Upon completion of the Transaction, the Company will continue to trade as a public entity on the NEX Board of the TSXV (“NEX“) and intends to pursue a financing to commence its search for new assets to develop and make an application to the TSXV for a reactivation to Tier 2 of the TSXV from the NEX. The reactivation will be subject to meeting all continued listing requirements of Tier 2 of the TSXV.

Quote from CEO, David Barthel:

“We are very excited to have entered into the Arrangement Agreement, which represents a significant milestone for the Company and brings us one step closer to the anticipated sale of My Health Logic.  I am proud of all the work done by the Health Logic team to date, and I look forward to bringing you more updates on the Transaction soon.”

Transaction Rationale

  • The Transaction is expected to provide for the continued advancement and growth of My Health Logic in the medical device marketplace;
  • My Health Logic will benefit from Marizyme’s strong international presence, with products approved for sale in over 30 countries and a pathway to regulatory approval in the U.S.;
  • The Transaction is anticipated to strengthen My Health Logic’s developmental pipeline and diversify shareholder risk by advancing multiple product platforms; and
  • Synergies are anticipated through the overlap of talent and the expected FDA submissions of MATLOC 1 and DuraGraft.

Terms of the Transaction

The Transaction will be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the “BCBCA“). Under the terms of the Arrangement Agreement, Marizyme will acquire all of the issued and outstanding shares in the capital of My Health Logic, being 100 issued common shares, and in exchange the Company will receive a total of 4,600,000 Marizyme Shares.

In connection with the plan of arrangement, Marizyme will issue 4,370,000 Marizyme Shares to the Company (“Initial Share Consideration“). Subsequently, Marizyme will issue 230,000 Marizyme Shares to the Company (“Holdback Share Consideration“). The Initial Share Consideration will immediately be distributed by the Company to the Company’s shareholders, with each of the Company’s shareholders (other than shareholders who have dissented pursuant to the provisions of the BCBCA) receiving such number of Marizyme Shares comprising the Initial Share Consideration in proportion to their pro rata share of total Company Shares issued and outstanding at such time. The Holdback Share Consideration will be administered and released to the Company in accordance with the terms of the Arrangement Agreement. Upon closing, My Health Logic will be a wholly-owned subsidiary of Marizyme.

The Arrangement Agreement provides that the Company is subject to non-solicitation provisions, but the Company may exercise its “fiduciary out” in respect of a superior proposal. If such an occasion occurs, the Arrangement Agreement provides that the Company will pay Marizyme $3,000,000 as liquidated damages and reimbursement of the expenses incurred by Marizyme in connection with the Transaction. In addition, two members of Health Logic will be appointed to the board of directors of Marizyme, to hold such position until the first annual general meeting of Marizyme that occurs following the closing of the Transaction. On closing of the transaction, David Barthel will be appointed Chief Executive Officer of Marizyme and will cease his position as Chief Executive Officer of the Company and Harrison Ross will become the interim CEO of Health Logic.

The Transaction is subject to, among other things, the approval of the Supreme Court of British Columbia, the approval of the NEX, and requires the approval of at least two-thirds of the votes cast by Company shareholders at the upcoming annual and special meeting of Company shareholders. Additional details of the Transaction will be provided to Company shareholders in an information circular expected to be mailed on November 16, 2021. It is currently anticipated that, subject to receipt of all regulatory, court, shareholder and other approvals, the Transaction will be completed by December 13, 2021.

The Transaction has been unanimously approved by the Board of Directors of the Company. The Board of Directors of the Company unanimously recommends that Company shareholders vote in favour of the resolution to approve the Transaction. The Board of Directors of the Company has obtained a fairness opinion from Evans & Evans, Inc. (“Evans & Evans“) that states, subject to certain conditions, that the Transaction is fair, from a financial point of view, to the Company.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the

diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

About Marizyme, Inc.

Marizyme is an integrated life sciences company dedicated to the acquisition, development and commercialization of therapies that minimize mortality and costs in the acute care space. Marizyme’s flagship product, DuraGraft®, is an intra-operative vascular graft storage solution that inhibits endothelial damage and leads to improved clinical outcomes by reducing the incidence of complications associated with vein graft failure in bypass surgery. DuraGraft® enhances coronary artery bypass grafting (CABG) surgical outcomes by significantly reducing major adverse cardiac events such as repeat revascularization and myocardial infarction. DuraGraft® is approved for use in the EU and several Asian countries but is not yet approved for use in the U.S. Marizyme is also focused on the development and marketing of products based on its clinically tested and previously patented protease based therapeutic Krillase® platform. Krillase® is not yet approved for use.

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the entering into of a definitive arrangement agreement for the Transaction and the terms thereof; the completion of the Transaction and its expected benefits; the anticipated development of My Health Logic’s pipeline resulting from the Transaction; expectations for future advancement and growing capacity; the anticipated sale of My Health Logic; the anticipated timing for the annual and special meeting of the Company Shareholders and the closing of the Transaction; the anticipated consideration to be received by the Company Shareholders, the satisfaction of the closing conditions including: (i) the necessary court approval in connection with the Transaction and (ii) the Company Shareholder approval; certain termination rights available to the parties under the Arrangement Agreement;  the financing to be provided by Marizyme; the listing of the Marizyme Shares on the NASDAQ; the financing to be pursued by the Company; the reactivation of the Company to the TSXV; the Company obtaining the necessary approvals from the NEX in connection with the Transaction; the potential pathway to regulatory approval for My Health Logic in the U.S.; the expected FDA submissions of both MATLOC 1 and DuraGraft; the potential synergies anticipated in connection with the Transaction; other closing conditions, including, without limitation, the operation and performance of the Company business in the ordinary course until the closing of the Transaction and compliance by the Company with various covenants contained in the Arrangement Agreement; and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: contact George Kovalyov, Director, info@healthlogicinteractive.com, 1-877-456-4424 CO: Health Logic Interactive Inc.

Health Logic Interactive Provides Product Update for MATLOC 1 and Update on Its FDA Pre-Submission Meeting

CALGARY, AB, Aug. 30, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H)(OTCPK: CHYPF), is pleased to announce its second update to its digital diagnostic device MATLOC 1. MATLOC 1 is the Company’s proprietary diagnostic platform technology in development for the testing of different biomarkers, with a current focus on the urine-based biomarkers albumin and creatinine for chronic kidney disease (CKD) screening and eventual diagnosis.

Current development activities continue to focus on MATLOC 1 and the Company’s accompanying lab-on-chip products. MATLOC 1 is wrapping up its first phase of development, which included the building and testing of a fluid handling apparatus, the completion of a user interaction study, and initial design concepts that will lead to a functional prototype for the second phase of development. The prototype to be developed in Phase 2 is expected to be used in the Company’s clinical trials, which are anticipated to commence in Q1 2022.

The Company’s lab-on-chip technology is focused on achieving better detection sensitivity and shorter test times for the urine creatinine chip (uC-Chip). Recent developments in the Company’s lab-on-chip technology have shown promising results in achieving these goals and advances the Company closer to an integrated urine albumin creatinine chip (uACR-Chip). The Company also continues to advance its work done on its blood based eGFR detection chip (eGFR-Chip), especially on its signal optimization to provide a more complete proof-of-concept eGFR-Chip.

The Company’s United States Food and Drug Administration (“FDA“) pre-submission meeting (the “Pre-Submission Meeting“) that was anticipated to occur in September has been postponed by the FDA due to the FDA’s necessity to allocate resources to COVID-19 related activities. It is expected that the Pre-Submission Meeting will be delayed until early in the 2022 calendar year.

The Company will continue with its current plan to complete the product development of MATLOC 1, conduct analytical validation of the product, and evaluate the product’s status with the Company’s FDA regulatory consultants in January 2022. At that time, Health Logic expects to either submit a pre-submission plan to the FDA or move forward with a formal FDA 510(k) application.

Update on Marizyme Transaction

The pending transaction with Marizyme to sell the Company’s wholly owned operating subsidiary, My Health Logic Inc., continues to move forward as both teams finalize the deal structure, review due diligence materials, and work towards a definitive agreement.

“These are exciting developments, especially completing the first phase of product development for MATLOC 1.  This is a milestone that highlights our progress and brings us closer to a functional prototype, the same functional prototype we expect to use in our clinical trials in Q1 of 2022. We continue to advance toward a complete FDA 510(k) application and look forward to updating our stakeholders again soon,” stated David Barthel, CEO of Health Logic.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use its patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s development of a functional prototype in Phase 2 and the use of the prototype in clinical trials, the expected timing for commencement of clinical trials, the anticipated timing of the delay of the Company’s Pre-Submission Meeting, the expected submission and timing of such submission to the FDA for MATLOC 1, the execution of a definitive agreement for the transaction with Marizyme, the completion of the transaction with Marizyme, and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

Health Logic Interactive Signs Non-Binding Letter of Intent With US Medical Device Company to Sell Wholly Owned Operating Subsidiary

CALGARY, AB, Aug. 9, 2021 /PRNewswire/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: CHYPF) is pleased to announce it has signed, on August 1, 2021, a non-binding letter of intent to sell its wholly owned operating subsidiary, My Health Logic Inc. (“My Health Logic“) to Marizyme, Inc. (“Marizyme“), a Nevada medical device company publicly traded on the OTCQB (the “Transaction“).

The transaction is subject to the completion of diligence, the approval of the TSX Venture Exchange, negotiation of definitive documentation, and approval of the Company’s shareholders. The transaction is taking place at arms-length, and it is currently expected that the consideration for all the issued and outstanding shares of My Health Logic will be common shares in the capital of Marizyme.

Marizyme has a robust IP portfolio for its medical device platform technologies. Its leading technology, DuraGraft®, is currently under pre-submission review with the United States Food and Drug Administration (“FDA“). Durgraft is approved in 34 countries and has already achieved initial commercial sales in Europe and Asia. Marizyme intends to pursue a listing on the NASDAQ Stock Market (“NASDAQ“) within the next twelve months.

The proposed terms, which are subject to change as diligence and negotiations progress, include:

  • The Company receiving 4,600,000 shares of Marizyme as consideration for the Health Logic asset. The number of shares was negotiated between parties of Marizyme and Health Logic, and the price per share is a floating number that will be finalized in the definitive agreement.
  • Marizyme plans to raise the necessary operating capital for the combined businesses once the transaction has taken place, from there, a registration and anticipated financing on a Nasdaq listing.
  • My Health Logic will become a wholly owned subsidiary of Marizyme;
  • The Company will have the right to appoint two nominees to the board of directors of Marizyme; it is expected that the management of Marizyme will change once the transaction is completed.
  • The employees of, and consultants to, My Health Logic will continue to operate in the same capacity as prior to the Transaction; and
  • The Transaction is subject to the negotiation and execution of definitive documentation, the performance of any closing conditions, and TSXV and shareholder approvals.

The Company will continue to trade as a public entity on the NEX Board of the TSXV and intends to pursue a financing to commence its search for new assets to develop as part of the Company’s portfolio. The Company plans to continue its application with the TSXV for a reactivation to Tier 2 of the TSXV from the NEX Board. The reactivation will be subject to finding of a new acquisition target and meeting all continued listing requirements of the TSXV Tier 2.

The Company will hold a conference call to discuss the Transaction in more detail, the conference call is scheduled to occur on August 16, 2021, at 1.30pm PST / 4.30pm EST. Please dial in toll free at 1-866-248-8441 or internationally at 1-323-289-6581.

Quote from CEO, David Barthel:

“As we have demonstrated over the past eight months, the team has the ability to accomplish its milestones as we continue to deliver on our initial goals in the clinical development of our lab-on-chip technology. These accomplishments have attracted strong interest from several potential strategic partners. Our team is pleased to be presented with this Transaction that will, if completed, allow My Health Logic to receive the necessary resources to advance its lab-on-chip technology. As well, Marizyme has a very attractive medical device pipeline that is already on an FDA pathway, is a US publicly traded entity, and is supported by a full-service US investment bank, Univest Securities.  We have moved quickly to assess this Transaction and complete initial due diligence, and are excited about the prospects at hand”.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

About Marizyme, Inc.

Marizyme is an integrated life sciences company dedicated to the acquisition, development and commercialization of therapies that minimize mortality and costs in the acute care space. The Company’s flagship product, DuraGraft®, is an intra-operative vascular graft storage solution that inhibits endothelial damage and leads to improved clinical outcomes by reducing the incidence of complications associated with vein graft failure in bypass surgery. DuraGraft® enhances coronary artery bypass grafting (CABG) surgical outcomes by significantly reducing major adverse cardiac events such as repeat revascularization and myocardial infarction. DuraGraft® is approved for use in the EU and several Asian countries but is not yet approved for use in the U.S. Marizyme is also focused on the development and marketing of products based on its clinically tested and previously patented protease based therapeutic Krillase® platform. Krillase® is not approved for use.

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the execution of a definitive agreement for the Transaction and the terms thereof, the completion of the Transaction and its expected benefits, the financing to be provided by Marizyme, the listing of the Marizyme Shares on the NASDAQ, the financing to be pursued by the Company, the reactivation of the Company to the TSXV and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

Health Logic Interactive Provides Update on Anticipated Pre-Submission Meeting with FDA for MATLOC 1

CALGARY, AB, July 12, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: CHYPF), is pleased to announce its continued progress towards an 510(k) pre-submission meeting with the United States Food and Drug Administration (the “FDA“) for its diagnostic screening device MATLOC 1 that is anticipated to occur in September 2021 (the “Pre-Submission Meeting”). An FDA 510(k) pre-submission meeting is a method for a company like Health Logic to receive feedback and guidance from the FDA on its potential FDA 510(k) submission plan.

The Company has engaged Reveles Clinical Service, a specialty Contract Research Organization (Southlake, TX), to provide regulatory strategy and clinical trial management, to assist the Company with the necessary documentation and clinical plan in preparation for the Pre-Submission Meeting.

The Company intends to obtain the following guidance from the FDA at the Pre-Submission Meeting:

  • Guidance for a predicate device;
  • Guidance for a potential Class 2 Medical Device Designation; and
  • Guidance on potential clinical data to support an indication for use.

“We are excited to be making this progress towards an FDA 510(k) pre-submission meeting and believe this will be an important step in our progression toward FDA 510(K) approval. We expect that the results of the Pre-Submission Meeting should help de-risk the pathway and provide the clarity necessary for a successful 510(k) application,” stated David Barthel, CEO of Health Logic Interactive.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use its patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the guidance the Company anticipates receiving from the FDA in the pre-submission meeting, the anticipated timing of the pre-submission meeting, the likelihood that the FDA application will be successful, and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: contact George Kovalyov, Director, info@healthlogicinteractive.com, 1-877-456-4424.

Health Logic Interactive Provides Product Update for MATLOC 1 Digital Diagnostic Device

CALGARY, AB, July 7, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H)(OTCPK: CHYPF), is pleased to announce its first update to our digital diagnostic device MATLOC 1. MATLOC 1 is the Company’s proprietary diagnostic platform technology in development for the testing of different biomarkers, with a current focus on the biomarkers albumin and creatinine for chronic kidney disease (CKD) screening and eventual diagnosis.

Current development activities are focused on creating and testing functional sub-systems to inform the design of an integrated prototype for testing with end users. The Company is pleased to announce the optical measurement functional sub-system has been built and is actively generating data which will inform the development of both an albumin and creatinine test.  A fluid handling sub-system has also been created and tested. The next step in fluid handling design relies on the design of the urine sampling cartridge. Design efforts for the cartridge commenced in the past week and are expected to continue through the month of July. A key tenet of the company’s design philosophy is to place the user at the center of our development efforts. As such, a user-centric design brief has been created and is being tested in a user interaction study expected to be completed in mid-July.

“This is an exciting development as completion of the optical measurement and a fluid handling sub-system brings us even closer to integration of MATLOC 1 with our lab-on-chip technology. We continue to advance MATLOC 1 toward a functional prototype and to an expected submission with the United States Food and Drug Administration,” stated David Barthel, CEO of Health Logic.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use its patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s belief that the MATLOC 1 device will successfully test different biomarkers including albumin and creatinine, the expected timing for design of a urine sampling cartridge, the anticipated timing for the user interaction study, the planned integration of the Company’s technologies, the anticipated submission to the United States Food and Drug Administration, and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: contact George Kovalyov, Director, info@healthlogicinteractive.com, 1-877-456-4424.

Health Logic Interactive Receives Letter of Support from the Director of the Kidney and Blood Pressure Center at Tufts Medical Center

CALGARY, AB, June 29, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: CHYPF), is pleased to announce its wholly-owned operating subsidiary, My Health Logic Inc. (“My Health Logic“), has received a letter of support for the Company’s chronic kidney disease (CKD) technology from Lesley A. Inker, M.D. MS.  Dr. Inker is the Director of the Kidney and Blood Pressure Center at Tufts Medical Center, an Associate Professor of Medicine at Tufts University School of Medicine and a valued member of the Company’s scientific advisory board (the “SAB“). This letter supports the Company’s belief that its lab-on-chip device for the early detection of CKD has the potential to address a large and unmet need of patients who have, or are at risk for developing, CKD.

In her support letter, Dr. Inker, a recent addition to the SAB, stated, “…this proposed device represents a major innovation in prevention of CKD. Assessment of GFR (glomerular filtration rate) is an essential part of many clinical decisions and having easy access to GFR measurements at home or at the point of care could be transformative. Critically, you are considering the health delivery platform in addition to the technology. The software on a patient’s personal devise could allow access to this information at every health encounter and even at home. Together, your vision for the landscape of kidney assessment tools could have considerable benefits to our patients, providers and health care systems.”

When asked about the support letter, Dr.Rigatto, the Chief Medical Officer of My Health Logic and one of the co-founders of the Company’s lab-on-chip technology, stated that “according to the Centers for Disease Control and Prevention, more than 1 in 7 adults in the United States are estimated to have CKD and as many as 9 in 10 adults with CKD do not know they carry the disease.1 We believe that our technology can shrink this testing gap and help identify high risk patients earlier for better disease prevention and  progression. I am delighted that Dr. Inker shares our vision for improving screening and treatment options for patients.”

_____________________

1 “Chronic Kidney Disease in the United States,” Centers for Disease Control and Prevention, 2021. 
          https://www.cdc.gov/kidneydisease/publications-resources/ckd-national-facts.html.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use its patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s belief that the device has the potential to address a large and unmet need of patients who have, or are at risk for developing, CKD, the expected benefits of the device for patients, providers and the health system, the ability of the Company’s technology to shrink the testing gap and identify high risk patients earlier, the potential of the device to make screening feasible at every health encounter and potentially at home, and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: George Kovalyov, Director, info@healthlogicinteractive.com, 1-877-456-4424.

Health Logic Interactive Announces Proof-of-Concept Test Results and Advancement of its Lab-on-Chip Technology

CALGARY, ABJune 14, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H)(OTCPK: CHYPF) is pleased to report positive preliminary proof-of-concept test results of its first urine creatinine chip prototype (uC-Chip beta version), which successfully validated the clinically relevant detection range. In parallel to further optimizing and validating the uC-Chip beta version, the Company’s research team is working to advance the design and modeling of the integrated urine albumin-to-creatinine ratio chip (uACR-Chip) prototype.  Health Logic is pleased to announce these developments as the Company prepares for its pre-submission meeting with the United States Food and Drug Administration.

“We are proud of our latest achievement: successfully developing an initial prototype of the urine creatinine chip with supported preliminary validation data. This advancement brings us even closer to completion of our uACR-Chip, a lab-on-chip technology that we anticipate will allow for an accurate and sensitive test for chronic kidney disease at point-of-care,” stated David Barthel, CEO Health Logic Interactive Inc.

About Health Logic Interactive

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com.

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the expected timing and success of the regulatory approval process, the successful completion of the uACR-Chip, the ability of the uACR-Chip to allow for accurate and sensitive testing for chronic kidney disease at point-of-care, and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: George Kovalyov, COO, info@healthlogicinteractive.com, 1-877-456-4424

Health Logic Interactive Announces Appointment of Scientific Advisory Board Members and First Virtual Meeting

CALGARY, ABJune 9, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV: CHIP.H) (OTCPK: CHYPF) is pleased to announce the addition of new members to its Scientific Advisory Board (“SAB“) including nephrology specialists Dr. Adeera Levin from the University of British Columbia, Dr. Lesley Inker of Tufts Medical Center, and Dr. Susan Quaggin of Northwestern University.

Drs. Levin, Inker and Quaggin have a wealth of experience in chronic kidney disease (“CKD“) research including numerous peer-reviewed publications and awards. Management believes that the advice and direction of the SAB, including the new members, will be crucial as the Company looks to obtain the approval of the United States Federal Drug Administration (“FDA“), define its product reimbursement strategy, and introduce its proposed MATLOC digital diagnostic and accompanying lab-on-chip products into the CKD marketplace.

The first meeting of the SAB, along with the board and members of senior management of Health Logic, will conduct their first virtual meeting today.  The meeting will focus on point-of-care diagnostics for CKD, the Company’s proposed MATLOC digital diagnostic device, and its accompanying commercialization plan.

For biographies of our SAB members please refer to the links here:

  1. Dr. Adeera Levin
  2. Dr. Lesley Inker
  3. Dr. Susan Quaggin

“We are thrilled to add what management believes to be three key members of the CKD research community to Health Logics Scientific Advisory Board.  Management is confident that the guidance of the SAB will be important as the Company pursues FDA approval and the commercialization of its proposed digital diagnostic device, MATLOC”, stated David Barthel, CEO of Health Logic.

About Health Logic Interactive

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the Company’s belief that it will receive approval from the FDA Administration for its device, that the SAB members will assist the company in achieving its business goals and objectives, the introduction of the Company’s device to the market, and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE Health Logic Interactive Inc.

For further information: George Kovalyov, COO, info@healthlogicinteractive.com, 1-877-456-4424

Health Logic Interactive Announces the Establishment of Professorship in Lab-on-Chip Innovations and Grant of Options

CALGARY, ABMay 31, 2021 /CNW/ – Health Logic Interactive Inc. (“Health Logic” or the “Company“) (TSXV.CHIP.H) (OTCPK: CHYPF),  is pleased to announce the establishment of a professorship in lab-on-chip innovations at a leading Canadian University. (the “Professorship“). The Professorship will advance a quality research program focused on the innovation and development of lab-on-chip technologies.

The Professorship will take place over the next five years and will aim to facilitate academic-industrial collaborations and partnerships to translate lab research into real world applications. This research will be focused on developing lab-on-chip technologies for point-of-care disease diagnosis and lab-on-chip platforms for therapeutic applications such as drug discovery and regenerative medicine.

“The upcoming establishment of the Professorship between Health Logic Interactive and in a post secondary faculty of science setting is a major milestone in industry and academic collaboration for lab-on-chip technologies. This Professorship will provide the necessary funding to further lab-on-chip progression, which we expect to facilitate future development and commercialization opportunities” stated David Barthel, Chief Executive Officer of Health Logic.

The Professorship will be funded by Health Logic through an annual $50,000 contribution to the University for a period of five years.

Health Logic Announces Option Grant

The Company reports that its board of directors has approved the grant of an aggregate of 1,950,000 stock options to certain directors, employees and consultants (the “Options”) pursuant to the terms of the Company’s stock option plan. The Options have an exercise price of $0.20 and expire on May 31, 2024.

About the Company

Health Logic Interactive, through its wholly owned operating subsidiary My Health Logic, is developing and commercializing consumer focused handheld point-of-care diagnostic devices that connect to patient’s smartphones and digital continued care platforms. The Company plans to use their patent pending lab-on-chip technology to provide rapid results and facilitate the transfer of that data from the diagnostic device to the patient’s smartphone. The Company expects this data collection will allow it to better assess patient risk profiles and provide better patient outcomes. Our mission is to empower people with the ability to get early detection anytime, anywhere with actionable digital management for chronic kidney disease. For more information visit us at: www.healthlogicinteractive.com

Further information regarding Health Logic Interactive Inc. and its disclosure documents are available on SEDAR at www.sedar.com.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Notes

Certain statements contained in this press release constitute “forward-looking statements”. All statements other than statements of historical fact contained in this press release, including, without limitation, those regarding the duration of the Professorship, the ability of the Professorship to facilitate academic-industrial collaborations and partnerships to translate lab research into real world applications, expectations regarding the Professorship facilitating development and commercialization opportunities for lab-on-chip technology,  and the Company’s strategy, plans, objectives, goals and targets, and any statements preceded by, followed by or that include the words “believe”, “expect”, “aim”, “intend”, “plan”, “continue”, “will”, “may”, “would”, “anticipate”, “estimate”, “forecast”, “predict”, “project”, “seek”, “should” or similar expressions or the negative thereof, are forward-looking statements. These statements are not historical facts but instead represent only the Company’s expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve assumptions, risks and uncertainties that are difficult to predict. Therefore, actual results may differ materially from what is expressed, implied or forecasted in such forward-looking statements. Additional factors that could cause actual results, performance or achievements to differ materially include, but are not limited to the risk factors discussed in the Company’s Management’s Discussion and Analysis for the year ended December 31, 2020. Management provides forward-looking statements because it believes they provide useful information to investors when considering their investment objectives and cautions investors not to place undue reliance on forward-looking information. Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements and other cautionary statements or factors contained herein, and there can be no assurance that the actual results or developments will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, the Company. These forward-looking statements are made as of the date of this press release and the Company assumes no obligation to update or revise them to reflect subsequent information, events or circumstances or otherwise, except as required by law.

SOURCE: Health Logic Interactive Inc.

For further information: George Kovalyov, COO, info@healthlogicinteractive.com, 1-877-456-4424.