Aeon Global Health Announces First International Agreement

Thursday, November 16, 2017 General News
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Company Inks Deal with Circle Care Management to Provide Genomic Services to Clients in Latin America

GAINESVILLE, Ga., Nov. 16, 2017 /PRNewswire/ -- Aeon Global Health, the operating arm of Authentidate Holding Corp.

(OTCQB: ADAT), a growth-oriented provider of personalized, clinically actionable medical informatics and telemedicine, announced today that it has signed a laboratory services purchase agreement with Circle Care Management of Florida. Under the agreement, Aeon will provide pharmacogenomics and cancer genomics services to clients of Circle Care Management in Central and South America. Terms of the agreement were not disclosed.

"We are excited to work with Circle Care as it signals the roll out of our international expansion strategy," said Sonny Roshan, Founder, Chairman and CEO of Aeon Global Health. "Based on industry data, worldwide healthcare expenditures were estimated to be approximately $8 trillion as of late 2015.  The Company believes that the solutions we offer can result in improved patient outcomes and increased efficiencies for our customers and will resonate on a global basis. Moreover, as Aeon continues to evolve into a true vertically integrated health care company, we expect to expand not only our services, but our reach as well."

"Circle Care offers Aeon the opportunity to continue to diversify our customer base from traditional US-based physicians and clinics into the rapidly growing medical tourism and international markets, which fits into our global vision," he added.

Circle Care offers health advisory services to corporate & individual clients; offering them a unique Gateway to the highest quality of care to US-based hospitals & doctors when needed. "All of us at Circle Care are pleased to be affiliated with Aeon Global Health," said George Plihal, Founder & CEO of Circle Care Management. "Our Latin American clients will now have easy access to Aeon's world class pharmacogenomics and cancer genomics services from the comfort of their home country. We believe our offering of such unique genomics services, allows our company to provide additional value to our client's health care needs."

ABOUT AUTHENTIDTATE/AEON GLOBAL HEALTH

Authentidate Holding Corp. (OTCQB: ADAT), through its Aeon Global Health operating arm, is an emerging leader in the provision of clinically actionable medical informatics. Founded in 2010, Aeon is focused on the delivery of services consistent with federal quality standards and which exceed industry standards for turn-around time. Operating out of a modern 30,000 square-foot facility in suburban Atlanta, the Company provides a comprehensive menu of diagnostic and laboratory- developed tests as well as interpretative data for a wide range of inherited conditions.

ABOUT CIRCLE CARE MANAGEMENT LLC

Circle Care Management LLC was founded in 2012 with its headquarters in Miami, Florida. The company focuses on providing unique health care solutions to people so they can have access to top hospitals and doctors in the United States of America. They are the market leaders in Latin America, as many affluent clients in that region contract their services when they seek any kind of medical treatment in the United States. More information about Circle Care Management can be found at www.circlecare.com.

Except for historical information, the matters discussed in this press release may be considered "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this release, words such as "believe", anticipate" think", "intend", "plan", "will be", "expect" or similar expressions identify such forward looking statements. In addition, such statements include declarations regarding the intent, belief or current expectations of Authentidate Holding Corp. and its management, including those related to cash flow, gross margins, revenues, and expenses which are dependent on a number of factors outside of the control of the Company including, for example, the markets for the Company's services, costs of and services, other expenses, government regulations, litigation, and general business conditions. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and thatactual results may differ materially from those described in the forward-looking statements and will be affected by a variety of risks and factors that are beyond our control.  Other risks and uncertainties are more fully described in our reports filed with the SEC. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The statements made in this press release speak only as of the date stated herein, and subsequent events and developments may cause our expectations and beliefs to change. Unless otherwise required by applicable securities laws, we do not intend, nor do we undertake any obligation, to update or revise any forward-looking statements contained in this news release to reflect subsequent information, events, results or circumstances or otherwise.

View original content:http://www.prnewswire.com/news-releases/aeon-global-health-announces-first-international-agreement-300557793.html

SOURCE Aeon Global Health



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