|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.4000 - 0.4000|
|52 Week Range||0.1500 - 0.5000|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Knoxville, Tennessee, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Healthcare Integrated Technologies, Inc. (“HITC”) is pleased to announce a batch of initial patent filings, which establishes their initial portfolio with ten provisional applications. HITC has achieved this milestone in just over 100 days since the announcement that Jurgen Vollrath, IP Counsel, had joined the leadership team. HITC is rapidly executing their vision, and with more patents planned, are expected to file another grouping of provisional applications in the weeks to come. The substance of the patents relates directly to, and is in support of, their core business of integrating healthcare services and advanced technology for senior living communities.Investors who wish to receive more information about the content of the patents may contact HITC for confidential access to summarized versions.As stated in a previous release, Healthcare Integrated Technologies realizes the power of IP and the importance of a centralized and proactive management of all IP activities including, portfolio administration, litigation, mergers and acquisitions, licensing, and monetization.“IP is a key strategic driver and an important source of value creation for HITC.”, Scott M. Boruff, CEO, said at the time.About Healthcare Integrated Technologies, Inc.Healthcare Integrated Technologies, Inc. is focused on developing effective, non-intrusive, resident monitoring technologies for senior living communities. Healthcare Integrated Technologies is headquartered in Knoxville, Tennessee. More information on HITC can be found at www.getinde.com.Statements Regarding Forward-Looking InformationCertain statements contained herein are forward-looking statements including, but not limited to, statements that are predications of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties. Forward-looking statements are not guarantees of future activities and are subject to many risks and uncertainties. Due to such risks and uncertainties, actual events may differ materially from those reflected or contemplated in such forward-looking statements. Forward-looking statements can be identified by the use of the future tense or other forward-looking words such as "believe," "expect," "anticipate," "intend," "plan," "should," "may," "will," "continue," "strategy," "position," "opportunity," statements regarding the "flexibility" of the Company or the negative of any of those terms or other variations of them or by comparable terminology. A discussion of these risk factors is included in the Company’s periodic reports filed with the SEC.Contact:Mr. Scott M. Boruff, CEO (865) 237-4448
Healthcare Integrated Technologies, Inc. (“HITC”) is pleased to announce the addition of Ken Greenwood as our Chief Technology Officer. Mr. Greenwood brings 30-years of experience with large-scale systems programming and implementations to our growing team of professionals. While at Random House implementing a Rights Management module following two previous failed attempts by other contractors, Mr. Greenwood led the 30-developer team to design, code and implement rights management for Random House in an SAP system using a novel approach of OO design, which became the world’s largest SAP module at that time.
Healthcare Integrated Technologies, Inc. (“HITC”) is pleased to announce the addition of Jurgen Vollrath as its outside counsel for Intellectual Property (“IP”) to its growing team of professionals. Mr. Vollrath, who has spent the past 30 years working with technology firms ranging from startups to Fortune 100 companies, is recognized as a leading IP strategist. Mr. Vollrath currently supports tech startups as general partner and advisor at Avenurine, a technology incubator and fund management company located in Portland, Oregon.