VANCOUVER, BC, Sept. 23, 2020 -- InvestorsHub NewsWire
-- H-Source Holdings Ltd. (TSX VENTURE: HSI) (OTCQB: HSCHF) (the "Company" or
"H-Source") is delighted to announce a strategic
partnership the company has entered into with AIM-X Global
("AIM-X"), to utilize the H-Source software
platform to successfully procure and deliver the desperately needed
Personal Protective Equipment ("PPE") to
front-line and emergency workers in the North American and European
markets, to contend with the global fight against the deadly
Coronavirus disease. This partnership will help bring order to the
chaos and inefficiencies in the healthcare supply chain for these
products. Together with AIM-X, H-Source will be cutting out
layers of cost and inefficiencies in the supply chain, and
utilizing technologies such as Blockchain to track ownership and
custody from the producer to the end consumer.
The Covid-19 pandemic continues to expand globally, putting
additional pressure on all aspects of Governments, Hospitals, and
Front-line workers for demand of PPE and medical equipment.
H-Source and AIM-X are perfectly positioned to tackle this
challenge head-on, providing products on a secure software platform
creating a Virtual Purchasing Organization, improving supply chain
efficiencies by controlling the supply chain from production to the
buyer, and getting products to people who need it the most, at the
best cost. AIM-X has invested heavily in the ownership of the raw
materials facilities, global production facilities, additional
manufacturing joint-venture facilities, the internal logistics and
freight forwarding via it's house fleet of vehicles, as well as the
ownership of several private planes for the delivery of the goods
to global destinations. The combination of AIM-X and H-Source
address the currently dysfunctional supply chain for PPE
enabling the buyer and seller to have transaction
visibility.
H-Source was formally invited by AIM-X, the primary sponsor, to
participate and be part of the World Peace Day
events held in Berlin,
Germany on September 21, 2020 (www.worldpeace-berlin.com/en). The theme for this
year's International Day of Peace is "Shaping Peace
Together", with the UN General Assembly declaring this as
a day devoted to strengthening
the ideals of peace, through
observing 24 hours of non-violence and cease-fire.
John Kupice, CEO of H-Source, stated "H-Source is delighted to
partner with AIM-X for the global delivery of PPE to where they are
needed the most. The combined platform allows complete
visibility of end-to-end delivery of trusted, authentic and
reliable products, which is desperately needed today.
Additionally, we are honoured to be invited by AIM-X, who is the
main sponsor of World Peace Day, as a participant at
the Berlin conference. We are excited to help AIM-X
enable their global distribution of PPE products".
Halim Chaudhary, cofounder and General Director of AIM-X, also
has stated: "We are looking forward to working with H-Source to
increase our distribution network, efficiencies, and visibility
into our supply chain. The partnership will enable our global
vision of working with partners and key stakeholders towards the
creation of a fairer, more sustainable world that will leverage
technical and financial resources to fight the current pandemic as
well as to prevent future pandemics".
About H-Source Holdings
Ltd.
H-Source Holdings Ltd. is a technology company operating within the
healthcare industry through its wholly owned subsidiary, H-Source,
Inc. The Company has developed a proprietary technology solution
that provides a private, secure and Software As A Service
("SAAS") platform for members to buy, sell, track, and
transfer medical supplies, pharmaceuticals, capital equipment and
products. Integrated Artificial Intelligence ("AI") and Business
Intelligence ("BI") enhance the data analytics for supply chain
optimization. The platform is FDA and DSCSA compliant for
pharmaceuticals including serialization, ownership and custody in
extended modules. Complete Blockchain integration is offered, as an
add-on, for additional security and traceability. The
platform is designed to increase supply chain efficiency and reduce
costs, moving products directly from OEMs on a B2B and / or B2C
model.
For more information, please visit www.h-source.com
About AIM-X Global
AIM-X was created in the first quarter of 2020 due to the need
for a bankable approach, with an emphasis on compliance, for the
PPE sector globally. The AIM-X brand was established to become the
world's leading public health emergency management solutions
company The parent company of AIM-X Global and its
stakeholders own and control the entire supply chain; from
feedstock, factories to logistics and the private aircraft for
delivery of the company's products in these testing times. Today
the world is seeing an unprecedented demand for PPE goods and this
has put pressure and destabilised the global supply chain and
fragmented the logistics industry. AIM-X facilitates global bulk
purchases of medical protection products as well as the integration
of supply chain and production capacity for medical protection
supplies to Governments, NGOs and Tier 1 listed companies
worldwide.
Our versatile "Epidemic Protection Kit" for professional and
personal use was specifically developed to provide a universal
solution to a global problem. These kits enable the full 100%
protection of one person in a variety of biologically hostile and
dangerous environments. The ease with which such protection can be
deployed is what makes this product so versatile given the urgency
of the current global situation.
For more information, please visit www.aim-xglobal.com
On behalf of the board of directors of H-Source Holdings
Ltd.
John Kupice
CEO & Director
CAUTIONARY DISCLAIMER STATEMENT: The TSXV has not
reviewed and does not accept responsibility for the adequacy or
accuracy of the content of this news release.
This news release contains forward-looking statements
relating to the completion of the listing of the Company's shares
on the TSXV and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
"will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical
fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include the
failure to satisfy the conditions of the TSXV and other risks
detailed from time to time in the filings made by the Company with
securities regulations.
The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or
revise publicly any of the included forward-looking statements as
expressly required by applicable law.
SOURCE H-Source Holdings Ltd.
For further information: investors@h-source.com
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