Scottsdale 1/25/2014 4:00:00 AM
QualityStocks News - Kallo (KALO) Announces $200 Million Contract with Republic of Guinea’s Ministry of Health
QualityStocks would like to highlight Kallo, Inc. (OTCQB: KALO). The company leverages a suite of technologies to improve the quality and efficiency of care in the $6.3 trillion global healthcare industry. Offering centralized, congruent solutions that attend healthcare and business issues, the company addresses the needs of hospitals, ministries of health, physicians, and other healthcare organizations.
In the company’s news,
Kallo announced that it has signed a $200,000,925 supply contract with the Ministry of Health and Public Hygiene of the Republic Of Guinea.
Under the Supply Contract, Kallo will implement customized healthcare delivery solutions for the Republic of Guinea. The components of the solutions include, MobileCare, RuralCare, Hospital Information Systems, Telehealth Systems, Pharmacy Information, disaster management, air and surface patient transportation systems and clinical training. More information on these systems is available at http://www.kalloinc.ca.
“The Republic of Guinea has recently made great strides in its healthcare infrastructure development, and this is an important step towards WHO’s Millennium Development Goals for Guinea,” stated Mr. John Cecil, Chairman and CEO of Kallo Inc.
In December of 2013, following meetings between Mr. Cecil and the Government of Guinea, Honorable Docteur Edouard Niankoye LAMA, Guinea’s Minister of Health announced that Guinea would implement a unique healthcare delivery program to bring a higher standard of health services to its rural population and accelerate the progress towards its Millennium Development Goals.
“The signing of a US 200 million dollar Supply Contract with the Government of Guinea reflects the strength of Kallo’s product offering and service commitment. With the ever-increasing global healthcare spend getting more focused on healthcare delivery systems; Kallo’s unique and customizable solutions will be a distinct business development advantage for us. In the future, we expect that Kallo will benefit from similar opportunities in other parts of the world.” Mr. Cecil continued.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
