VANCOUVER, BC, Sept. 23, 2020 /CNW/ - H-Source Holdings Ltd.
(TSX VENTURE: HSI) (OTCQB: HSCHF) (the "Company" or
"H-Source") is delighted to announce a strategic partnership
the company has entered into with AIM-X Global ("AIM-X"), to
utilize the H-Source software platform to successfully procure and
deliver the desperately needed Personal Protective Equipment
("PPE") to front-line and emergency workers in the North
American and European markets, to contend with the global fight
against the deadly Coronavirus disease. This partnership will help
bring order to the chaos and inefficiencies in the healthcare
supply chain for these products. Together with AIM-X,
H-Source will be cutting out layers of cost and inefficiencies in
the supply chain, and utilizing technologies such as Blockchain to
track ownership and custody from the producer to the end
consumer.
The Covid-19 pandemic continues to expand globally, putting
additional pressure on all aspects of Governments, Hospitals, and
Front-line workers for demand of PPE and medical equipment.
H-Source and AIM-X are perfectly positioned to tackle this
challenge head-on, providing products on a secure software platform
creating a Virtual Purchasing Organization, improving supply chain
efficiencies by controlling the supply chain from production to the
buyer, and getting products to people who need it the most, at the
best cost. AIM-X has invested heavily in the ownership of the raw
materials facilities, global production facilities, additional
manufacturing joint-venture facilities, the internal logistics and
freight forwarding via it's house fleet of vehicles, as well as the
ownership of several private planes for the delivery of the goods
to global destinations. The combination of AIM-X and H-Source
address the currently dysfunctional supply chain for PPE
enabling the buyer and seller to have transaction
visibility.
H-Source was formally invited by AIM-X, the primary sponsor, to
participate and be part of the World Peace Day events
held in Berlin, Germany on
September 21,
2020 (www.worldpeace-berlin.com/en). The theme for this
year's International Day of Peace is "Shaping Peace
Together", with the UN General Assembly declaring this as
a day devoted to strengthening the ideals
of peace, through observing 24 hours of
non-violence and cease-fire.
John Kupice, CEO of H-Source,
stated "H-Source is delighted to partner with AIM-X for the global
delivery of PPE to where they are needed the most. The
combined platform allows complete visibility of end-to-end delivery
of trusted, authentic and reliable products, which is desperately
needed today. Additionally, we are honoured to be invited by
AIM-X, who is the main sponsor of World Peace Day, as a participant
at the Berlin conference. We are
excited to help AIM-X enable their global distribution of PPE
products".
Halim Chaudhary, cofounder and
General Director of AIM-X, also has stated: "We are looking forward
to working with H-Source to increase our distribution network,
efficiencies, and visibility into our supply chain. The partnership
will enable our global vision of working with partners and key
stakeholders towards the creation of a fairer, more sustainable
world that will leverage technical and financial resources to fight
the current pandemic as well as to prevent future pandemics".
About H-Source Holdings
Ltd.
H-Source Holdings Ltd. is a technology company operating
within the healthcare industry through its wholly owned subsidiary,
H-Source, Inc. The Company has developed a proprietary technology
solution that provides a private, secure and Software As A Service
("SAAS") platform for members to buy, sell, track, and
transfer medical supplies, pharmaceuticals, capital equipment and
products. Integrated Artificial Intelligence ("AI") and Business
Intelligence ("BI") enhance the data analytics for supply chain
optimization. The platform is FDA and DSCSA compliant for
pharmaceuticals including serialization, ownership and custody in
extended modules. Complete Blockchain integration is offered, as an
add-on, for additional security and traceability. The
platform is designed to increase supply chain efficiency and reduce
costs, moving products directly from OEMs on a B2B and / or B2C
model.
For more information,
please visit www.h-source.com
About AIM-X Global
AIM-X was created in the first quarter of 2020 due to the need
for a bankable approach, with an emphasis on compliance, for the
PPE sector globally. The AIM-X brand was established to become the
world's leading public health emergency management solutions
company The parent company of AIM-X Global and its
stakeholders own and control the entire supply chain; from
feedstock, factories to logistics and the private aircraft for
delivery of the company's products in these testing times. Today
the world is seeing an unprecedented demand for PPE goods and this
has put pressure and destabilised the global supply chain and
fragmented the logistics industry. AIM-X facilitates global bulk
purchases of medical protection products as well as the integration
of supply chain and production capacity for medical protection
supplies to Governments, NGOs and Tier 1 listed companies
worldwide.
Our versatile "Epidemic Protection Kit" for professional and
personal use was specifically developed to provide a universal
solution to a global problem. These kits enable the full 100%
protection of one person in a variety of biologically hostile and
dangerous environments. The ease with which such protection can be
deployed is what makes this product so versatile given the urgency
of the current global situation.
For more information, please visit www.aim-xglobal.com
On behalf of the board of directors of H-Source Holdings
Ltd.
John Kupice
CEO & Director
CAUTIONARY DISCLAIMER STATEMENT: The TSXV has not
reviewed and does not accept responsibility for the adequacy or
accuracy of the content of this news release.
This news release contains forward-looking statements
relating to the completion of the listing of the Company's shares
on the TSXV and other statements that are not historical facts.
Forward-looking statements are often identified by terms such as
"will", "may", "should", "anticipate", "expects" and similar
expressions. All statements other than statements of historical
fact, included in this release are forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include the
failure to satisfy the conditions of the TSXV and other risks
detailed from time to time in the filings made by the Company with
securities regulations.
The reader is cautioned that assumptions used in the
preparation of any forward-looking information may prove to be
incorrect. Events or circumstances may cause actual results to
differ materially from those predicted, as a result of numerous
known and unknown risks, uncertainties, and other factors, many of
which are beyond the control of the Company. The reader is
cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those anticipated.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement. The
forward-looking statements contained in this news release are made
as of the date of this news release and the Company will update or
revise publicly any of the included forward-looking statements as
expressly required by applicable law.
SOURCE H-Source Holdings Ltd.