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INTELICARE HOLDINGS LIMITED Capital/Financing Update 2021

Sep 20, 2021

65095_rns_2021-09-20_77f8c06c-80d1-4a03-99e3-4b35fac9b2ca.pdf

Capital/Financing Update

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21 September 2021

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InteliCare Holdings Ltd

ASX Code

St John of God Health Care enlists InteliCare to provide AI-based care to disability services division

  • InteliCare wins new competitive tender with major health care services provider St John of God Health Care

  • Initial contract represents entry into a new vertical of health care services for InteliCare

Managing Director

Non-Exec Chairman

Issued Shares

Unlisted Options

Website

Office

  • Disability clients of SJOGHC in Melbourne to benefit from leading edge InteliLiving smart technology

InteliCare Holdings Ltd (“InteliCare” or the “Company”) (ASX: ICR), an Australian technology company that has commercialised a subscription-based Internet of Things (IoT) and Artificial Intelligence (AI) product for use in the aged care and health industries, is pleased to announce a contract win and initiation of services with St John of God Healthcare, a leading provider of high-quality health care services in Australia.

InteliCare won a competitive contract to supply its assistive living technology to help National Disability Insurance Scheme clients at St John of God Accord, part of St John of God Health Care, live independently in supported accommodation.

Utilising in-home sensor technology and artificial intelligence, InteliCare offers a new solution for those living with a disability to live safely and independently. The contract will see InteliLiving® technology deployed in up to 10 newly built supported homes across five sites in Victoria operated by St John of God Accord. The technology includes the InteliLiving® mobile app for carers to enable personalised services and preserve St John of God Accord’s clients’ privacy, reduce intrusion and increase independence while keeping them safe.

The proposed 10 new homes will complement the existing 35 homes and two respite homes that St John of God Accord currently operates. The rollout of this program will allow St John of God Accord to evaluate the latest advancements in this leading-edge technology for use across future sites.

InteliCare’s technology will allow St John of God Accord to customise the configuration for each client depending on their needs. It will include a range of fully integrated sensors including motions sensors, panic buttons, shower sensors, health metrics and non-wearable fall detection. Data is processed using AI and presented on a consolidated dashboard to give carers a complete picture of risk and care needs.

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Importantly, the dashboard can be configured to allow for multiple clients in each supported house. This customisation highlights the flexibility in which InteliCare works to ensure clients receive care tailored specifically to them.

Lisa Evans, St John of God Accord CEO says, “Our requirements revolved around a very generic set of capabilities as we don’t yet know who will move in and what their needs are. InteliCare demonstrated their system to meet the broadest range of capabilities and configurations. This is critical for us to give our caregivers the best technology to deliver person-centred care and our clients the greatest possible independence.”

Jason Waller, CEO of InteliCare says, “We are thrilled to be working with such an esteemed organisation and industry leader in St John of God Health Care. This competitive contract win reflects the time and effort we have invested in developing an open-architecture platform and highly adaptable dashboard, that can meet the pace of rapidly advancing sensor technology.”

This initial contract will demonstrate InteliLiving’s capabilities to bring better customised care with increased productivity to the healthcare service vertical of intellectual disability support, with future possibilities of rollout to additional sites and other providers in a fast-growing sector.

The material terms of the contract are as follows:

  • The contract is between Intelicare Holdings Ltd and St John of God Health Care Inc.

  • The contract is for a continuous term and may be terminated by St John of God Health Care upon 20 days written notice or upon material breach.

  • The contract value is estimated at over $80,000 in the first year, with further nonbinding potential for ongoing recurring fees and additional hardware.

  • Although the value of the contract is not particularly material, the execution of the contract is considered material to InteliCare as it represents entry into a new healthcare vertical with a leading provider in the sector.

For more information regarding InteliCare, visit www.intelicare.com.au. Contact and Authorised for Release to the ASX

Jason Waller, Chief Executive Officer and Managing Director, InteliCare Holdings Ltd, +61 1300 001 145 , [email protected]

About St John of God Health Care and St John of God Accord

St John of God Health Care (SJGHC) is a leading provider of high-quality health care services in Australia. Established in Western Australia in 1895, we are not-for-profit private health care group and a ministry of the Catholic Church.

They employ more than 14,500 staff across Australia and New Zealand operate 24 facilities comprising more than 3,400 beds in Australia and New Zealand, as well as home nursing, disability services and social outreach programs

St John of God Accord is a support and accommodation provider for people with an intellectual disability. Located in Victoria, we provide compassionate support and solutions to help clients and families build the life they deserve. Through long-term planning and guidance at every stage of life, we build personal, lasting relationships. Our holistic approach covers physical, emotional, social and spiritual wellbeing, giving clients the chance to thrive in safe and supportive environments.

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Intelicare Holdings Ltd ABN: 84 622 484 397 T: 1300 001 145 A: 299 Vincent St, Leederville, WA 6007

About Intelicare Holdings Limited

InteliCare is an Australian technology company that has commercialised a predictive analytics hardware and software system for use in the aged care and health industries. InteliCare believes Australians deserve to age with dignity and through its business-to-business (B2B) and business-to-consumer (B2C) solutions built on its proprietary internet of things (IOT) platform utilising smart sensors and artificial intelligence (AI), InteliCare aims to enable people to stay in their own homes for longer while empowering healthcare providers to deliver higher quality, more efficient services.

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Intelicare Holdings Ltd ABN: 84 622 484 397 T: 1300 001 145 A: 299 Vincent St, Leederville, WA 6007