Sos.Travel.com and Health Point Plus Inc to enter two-year trade agreement

By Charlotte Turner |

Digital operator in the air passenger services market, SosTravel.com has announced that it has signed a binding letter of intent with the US telehealth provider, Health Point Plus – active in the remote health care services sector with telecommunication tools and soon to be listed on the US Stock Exchange – to negotiate and execute a two-year trade agreement, by 30 September, 2020.

 

The agreement stipulates that the two companies will build from Health Point Plus’ existing service and benefit from its network of doctors to create a first aid medical tele-assistance product dedicated to travellers.

 

In order to strengthen the business relationship, and in anticipation of the upcoming IPO of Health Point Plus, it is also expected that SosTravel will purchase a minority interest in Health Point Plus by subscribing to a portion of the capital increase approved by Health Point Plus for a value of USD$ 100,000.

 

CONNECTING 3,000 DOCTORS WITH USERS

Health Point Plus Inc. – Salem, Massachusetts, U.S.A. – active in remote health care services with telecommunication tools and close to listing on the Nasdaq, has developed a proprietary technology platform that connects more than 3,000 medical doctors with its users, simplifying and revolutionising the first contact between doctor and patient.

 

“We believe that the agreement with Health Point Plus will revolutionise the traveller’s experience in the unpleasant event of an illness or malaise abroad,” said Rudolph Gentile, Chairman and CEO of SosTravel.

“All this through a simple contact on a smartphone with a doctor who can give an initial diagnosis and either suggest further analysis or indicate a treatment. This also applies, for example, to Covid-19 symptoms that can be easily misinterpreted as a mere flu.

 

“We are addressing a very broad audience of travellers who are looking for increasingly advanced and efficient services for problems that may arise along the way, and we are convinced that tele-medicine will significantly enhance SosTravel’s portfolio of services.”

Middle East

MEADFA Conference 2024 ‘heading to Abu Dhabi on 17-19 November’

This year’s Middle East & Africa Duty Free Association (MEADFA) Conference will take...

International

DFWC Q1 2024 KPI Monitor indicates rise in duty free impulse purchases

Impulse purchasing within global duty free is on the rise, according to the latest Duty Free...

Asia & Pacific

Avolta details “bold and ambitious” goals to grow its APAC business

With a number of key developments coming to fruition, including its operations at Wuhan Tianhe...

image description

In the Magazine

TRBusiness Magazine is free to access. Read the latest issue now.

E-mail this link to a friend