LataMed AI Corp. (OTC: LMED) announced that its Venezuelan operating affiliate, LataMed AI VE, has entered into a strategic commercial alliance with CANTV, a Venezuelan state-run telecommunications provider, to expand digital healthcare services throughout the country. The partnership aims to make LataMed AI's mobile application and selected digital healthcare services available through CANTV's products and digital service offerings, as part of a broader collaboration to improve access to technology-enabled healthcare solutions for Venezuelan citizens.
Management believes the alliance represents another important milestone in the continued development of the Company's integrated healthcare ecosystem by combining digital healthcare technologies with one of Venezuela's largest communications networks. The relationship is intended to improve accessibility to healthcare-related services through web-based platforms, mobile technologies, appointment coordination tools, and other digital healthcare initiatives currently under development.
The Company believes that expanding digital distribution channels through established national infrastructure providers may support broader awareness of the LataMed AI platform while increasing accessibility to healthcare technologies for patients, healthcare providers, and other participants throughout Venezuela. Management further believes that the agreement complements the Company's broader strategy of integrating telehealth infrastructure, healthcare coordination technologies, pharmacy initiatives, insurance accessibility, digital payment solutions, and artificial intelligence-driven healthcare services into a unified healthcare ecosystem designed for emerging markets.
Dr. Kevin Rodan Levy, Chief Executive Officer of LataMed AI Corp., stated: 'This alliance represents another meaningful step in the continued development of our healthcare ecosystem. We believe improving access to healthcare begins with improving access to technology. Working alongside an established telecommunications provider provides an opportunity to expand the reach of our digital healthcare platform while supporting our long-term objective of making healthcare services more accessible, connected, and efficient for communities throughout Venezuela.'
Management noted that CANTV operates one of the country's largest telecommunications networks. The Company believes this relationship provides an important opportunity to increase awareness of the LataMed AI platform while supporting the continued rollout of its healthcare technologies through established digital infrastructure. The Company expects implementation activities to occur in phases and intends to provide additional updates regarding deployment milestones and other material developments as implementation progresses.
The Company also continues to extend its sincere thoughts to the individuals, families, and communities affected by the recent earthquake in Venezuela. As a company based in Venezuela, LataMed AI remains mindful of the challenges many communities continue to face and expresses its gratitude to the emergency responders, healthcare professionals, volunteers, and community organizations working tirelessly to assist those in need.
For additional information, please visit https://latamed.ai or review the Company's filings with the U.S. Securities and Exchange Commission at www.sec.gov.
