Carebook Technologies Engages ReiderConsulting for Investor Relations Services

MONTREAL, Oct. 15, 2020 /CNW Telbec/ – Carebook Technologies Inc. (« Carebook » or the « Company ») (TSXV: CRBK), a leading Canadian digital health company, today announced that it has entered into an investor relations services agreement (the « Services Agreement ») with ReiderConsulting, pursuant to which ReiderConsulting will provide Carebook with strategic investor relations and capital markets communications services. Jon Reider, principal of ReiderConsulting is a highly skilled and well-respected Investor Relations professional who has worked in the Canadian capital markets arena for over thirty-five years.

Pursuant to the terms of the Services Agreement, Carebook will pay ReiderConsulting a monthly retainer fee of $6,400. Carebook has no prior professional relationship with ReiderConsulting, and as of the date of this release, ReiderConsulting does not own or control any securities of the Company. Carebook has terminated its investor relations services agreement with LodeRock Advisors Inc.

About Carebook Technologies

Our core is science. Our solutions are accessible. Our mission is to empower people.
Built on a powerful health platform, Carebook creates highly engaging, customer-centric digital solutions for pharmacies, insurance providers, individuals, governments, and businesses. Based in Montreal, and led by a world-class team and Board with extensive global business and healthcare industry experience, Carebook's core is science and technology, its philosophy is people-first, and its goal is accessible, connected health for everyone. Carebook recently listed on the TSX Venture exchange under the symbol « CRBK ».


For further information contact:

Carebook Investor Relations Contact:
Jeffrey Kadanoff
Telephone: (514) 502-1135

Carebook Media Contact :
Valérie Lavoie
Massy Forget Langlois Public Relations
Telephone: (438) 885-9135


Notice regarding forward-looking statements:

This release includes forward-looking information within the meaning of Canadian securities laws regarding Carebook Technologies and its business. Often, but not always, forward-looking information can be identified by the use of words such as « plans », « is expected », « expects », « scheduled », « intends », « contemplates », « anticipates », « believes », « proposes » or variations (including negative variations) of such words and phrases, or state that certain actions, events or results « may », « could », « would », « might » or « will » be taken, occur or be achieved. Such statements are based on the current expectations of the management of Carebook Technologies, and are based on assumptions and subject to risks and uncertainties. Although the management of Carebook Technologies believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the company, including risks regarding the threat detection technology industry, failure to obtain regulatory approvals, economic factors, management's ability to manage and to operate the business of Carebook Technologies, the equity markets generally and risks associated with growth and competition. Although Carebook Technologies has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Carebook Technologies does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise. In addition, the current situation and future developments with respect to the COVID-19 pandemic could cause certain of the assumptions and information set forth herein or the fact that on which such assumptions are based to differ materially from previous expectations including in respect of demand for our products, supply chain and availability of materials, mobility and shipping of materials and or products, access to debt and equity capital and other factors.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Carebook Technologies Inc.