TALIUS GROUP LIMITED — Capital/Financing Update 2020

Apr 21, 2020

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G Medical Innovations Holdings Ltd ARBN 617 204 743

ASX Announcement

22 April 2020

Agreement with HomeStay Care to integrate Prizma into uVue telehealth platform

• Agreement to integrate Prizma into HomeStay’s uVue telehealth solution for users in Australia and NZ

• uVue is a cloud based telehealth solution connected to an elderly clients television

• The platform provides 4 key functions – entertainment, messaging capabilities, calendar and telehealth solutions

Mobile and e-Health company G Medical Innovations (ASX: GMV) (“G Medical” or the “Company”) is pleased to advise that its has executed a non-exclusive distribution agreement (“Agreement”) with ASX-listed, connected health and smart home solutions provider HomeStay Care Limited (ASX: HSC) (“HomeStay”) pursuant to which HomeStay will distribute the Prizma device in Australia and New Zealand. In addition, the Agreement also provides for the integration of the Prizma device into HomeStay’s IoT platform. Integration will provide remote vital signs monitoring capabilities to HSC’s uVue telehealth platform (“uVue”) and a 24hour monitoring response to users in Australia and New Zealand. Following integration, the Prizma device will be made available primarily using the uVue telehealth platform as the communication delivery system.

The uVue system is a cloud-based telehealth platform that is connected to a client’s television. It is used by a large number of aged care providers that have challenges communicating effectively with the elderly due to the technology gap experienced by seniors.

uVue is a simple to use operating system, controlled by a single remote control. At its most basic, it provides the following four key features:

• Entertainment: free to air, catch up and subscription, audiobook functionality etc.

• Messaging: ability to send single of multiple messages to a client or entire village that are displayed on the television set.

• Calender: integrates in patient management systems (e.g. Procura) to advise residents when carers, visits and social events are attending.

• Telehealth: provides remote health services from medication management, social inclusion and doctor consultations.

Following the integration of the Prizma device, the Prizma platform will appear on the uVue television application. This will allow carers to prompt residents to measure their vital signs. The prompt will be delivered via an on screen message, which clients must comply with. Results will be stored in the cloud and if any adverse readings are detected, the resident will be triaged by a 24-hour response service to provide proactive care.

CEO and Executive Director Dr Yacov Geva said: “This agreement with HomeStay is another example of the Prizma’s adaptability and potential to improve quality of life in everyday consumers.

“HomeStay’s uVue platform is a unique offering and provides a significant opportunity for the Company and its planned expansion into Australia and New Zealand.

“We look forward to working with HomeStay to progress the integration and will keep shareholders updated on the progress of this arrangement.”

HomeStay Managing Director Mr Graham Russell said: “We have reviewed several solutions over the past few months with a focus on seamless integration to the uVue telehealth platform. Useability being forefront in the aged care space, we feel that the Prizma platform exceeded our requirements, and we are looking forward to working with the G Medical team on the offering.”

The Agreement is for an initial period of 1 year, unless terminated immediately by G Medical for cause or notice of termination is provided by G Medical (which may occur by the provision of 30 days written notice), and will automatically renew for successive 1 year terms thereafter (unless either party provides notice of its intent not to renew the Agreement at least 30 days prior to the applicable anniversary date). There are no minimum sales commitments under the Agreement. The Company notes that the Agreement does not have a material financial impact on the Company.

Ends

Authorised for release by Yacov Geva, Managing Director.

Released through: Henry Jordan, Six Degrees Investor Relations: +61 (0) 431 271 538

About G Medical Innovations

G Medical (ASX: GMV) was founded in August 2014, aiming to be at the forefront of the digital health revolution, developing the next generation of mobile health (mHealth) technologies. The Company leverages the experience and expertise of its Board to deliver best-in-class solutions to address this global opportunity.

The Company specialises in innovative next generation mobile and e-health solutions using its suite of proprietary devices and software solutions, as well as patient service operations, with a view to driving multiple and recurring revenue streams, across numerous verticals and territories.

For more information on G Medical, please visit www.gmedinnovations.com

About G Medical products:

G Medical offers a suite of consumer and professional clinical-grade products (with regulatory approval) that are positioned to streamline healthcare services, improve remote access to medical data, reduce costs, improve quality of care, and make healthcare more personalized and precise. Currently the Company is focusing on two main verticals.

The ‘Prizma’ Medical Smartphone Case is one of two key products developed by G Medical and is aimed at everyday consumers focused on their medical health and wellbeing. The ‘Prizma’ allows consumers to turn their smartphone into a mobile medical monitor to measure a wide range of vital signs, with the added advantage that users are able to store their medical data in the cloud and share it with third parties such as healthcare professionals and family members.

G Medical also offers a professional real-time patient continuous monitoring solution, G Medical’s Vital Signs Monitoring System (VSMS) and G Medical Patch (GMP). This modular solution measures a wide range of vital signs that are automatically presented in a call centre (IDTF) or a hospital setting. The GMP assists in diagnosing

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patient complaints and conditions remotely, from pre-hospitalisation, hospitalisation and through to post discharge home-based settings.

About HomeStay:

HomeStay provides a range of Connected Health and Smart Home solutions.

The HomeStay assistive technology platform allows elderly and people with disabilities to live independently via “Aging in Place” solutions, through the use of data analysis, as well as human monitoring, to determine residents' routines and detect anomalies. These early insights allow for better decision-making by care providers and families, allowing more focused service, minimising unnecessary care and facilitating welfare checks in a more responsive manner.

HomeStay helps protect and connect our elderly and people with disabilities with a scalable healthcare technology platform integrated with leading third party providers to ensure end-to-end solutions for Connected Health.

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