WELL Health's Subsidiary WELLSTAR Provides Corporate Update on its Recent Acquisitions and Announces Strategic Additions to its Management Team

1. WELLSTAR expands management team with key hires for strategic growth. 2. Recent acquisitions enhance WELLSTAR's technology footprint in Canada. 3. New leadership aims to streamline operations and boost market presence. 4. Microquest and Bluebird iT enhance service offerings for healthcare providers. 5. WELLSTAR supports over 40% of Canadian physicians with innovative solutions.

Corporate Developments

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FAQ

Why Bullish?

The leadership changes and acquisitions position WELLSTAR for significant growth potential.

How important is it?

The updates reflect strategic moves that could significantly impact WELL's future performance.

Why Long Term?

Strengthened management and expanded capabilities can lead to sustained market growth over time.

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WELL

VANCOUVER, BC, Feb. 19, 2025 /PRNewswire/ -

WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) ("WELL" or "the Company"), a digital healthcare company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, is pleased to announce key updates regarding its subsidiary WELLSTAR Technologies Corp. ("WELLSTAR"), the leading provider of healthcare technology solutions in Canada. WELLSTAR announces key additions to its management team, Sarah Xu as Vice President of Growth Operations and Frank Seiferth as Vice President of Product. The Company also provides an update on its recent acquisitions of Microquest and Bluebird iT.

Amir Javidan, CEO of WELLSTAR, commented, "As WELLSTAR scales its operations and prepares to be spun out of WELL as a separate public company that will be majority owned and controlled by WELL, we are delighted to announce the recent addition of tremendously talented senior leaders to the WELLSTAR team. Sarah and Frank have been appointed to new senior roles within the company, while Brandon Blanck, CEO of Microquest and John Solomos, CEO of Bluebird iT, have joined us through the acquisitions of those two companies...

Mr. Javidan further adds, "We are also very pleased to welcome Brandon Blanck and John Solomos, as well as their talented teams to the WELLSTAR family. Brandon and John will stay in their current operator roles and focus on growing their businesses while delivering value to their customers and ecosystem partners. Microquest and Bluebird iT are proving to be key assets that expand WELLSTAR's footprint across Canada and complement our existing solutions."

Microquest is a leading EMR solution serving 375 clinics and 1,600 providers in the province of Alberta. Bluebird iT is the largest provider of IT services to outpatient healthcare clinics in Canada, making it the leading deployment provider of technology for Canadian doctors...

Key Leadership Appointments

Sarah Xu – Vice President Growth Operations

Sarah Xu brings extensive experience in growth strategy, business intelligence, and healthcare technology. As VP of Growth Operations at WELL, she will play a key role in scaling WELLSTAR's market presence and optimizing growth initiatives across its portfolio...

Frank Seiferth – Vice President of Product

Frank is a seasoned SaaS product leader with over 25 years of experience driving innovation, growth, and market expansion across health-tech, cybersecurity, e-commerce, and supply chain...

About WELL Health Technologies Corp.

WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes...

About WELLSTAR

WELLSTAR (WELLSTAR.health) empowers healthcare providers with innovative technology and services to enhance patient care and operational efficiency...