Advanced Health Intelligence Ltd (NASDAQ:AHI) ("AHI" or the "Company") is pleased to inform shareholders that the Company has entered into a Collaboration Agreement with UAE-Based IntelliGen FZ-LLC to deploy the AHI technology throughout the Middle East.
AHI enters a second commercial agreement in the UAE. • IntelliGen Founders have worked with, and within the Government, Healthcare needs across the Middle East. • IntelliGen will receive up to 2,000,000 AHI shares for the delivery of a USD$20,000,000 License to AHI within the region. • IntelliGen to receive a revenue share on all sales across the region delivered by IntelliGen.