• FinTech Innovator Eddie Chan to Spearhead Technology Evolution

Vancouver, British Columbia--(Newsfile Corp. - July 11, 2023) - Kovo HealthTech Corporation (TSXV: KOVO) (the "Company" "Kovo") — a leader in healthcare technology and Billing-as-a-Service — is signaling its continued investment in AI-powered e-health solutions with the appointment of tech innovator Eddie Chan, as its Chief Technology Officer ("CTO").

"Eddie's passion for disruptive technologies has allowed him to consistently push boundaries and accelerate positive change," explains Kovo Board Chair and e-health leader Dr. Peter Bak. "As CTO, Eddie will work closely with Kovo developers and leaders to advance the Company's AI-powered platforms and tailored digital healthcare solutions," he adds.

Before joining Kovo, Chan played a pivotal role as CTO of Versapay, where he led the re-shaping of the company's technological landscape before it was acquired and taken private. Most recently, as CTO of Paramount Commerce, a leader in account-to-account based payments for iGaming and sports wagering, Chan spearheaded a technology transformation delivering results and agility during his tenure. As CTO of BeniPlus, a specialist health benefits provider, he led the development of a healthtech platform to drive efficiencies across claim eligibility and payment distributions. His extensive FinTech expertise in managing complex bleeding-edge projects, delivering customer-centric solutions and driving large volume transactions brings strong leadership to Kovo's growth strategy in the US healthcare claims processing and RCM sectors.

Advanced Technology Solutions and AI-Powered Innovation

"Joining Kovo is an exciting opportunity to combine my experience in disruptive technologies and online payments. I'm looking forward to working with the entire Kovo team to improve the financial well-being of our healthcare provider clients while simultaneously helping to evolve healthcare finance through advanced technology solutions and AI-powered innovation," says Chan.

In his new role, Chan will be responsible for leading and building Kovo's AI and automated workflows strategy, R&D and investments. His team will lead continuous improvement of Kovo platforms, developing technology-based efficiencies and customer-centric solutions to expand Kovo's national reach and leadership across the digital medical billing marketplace.

Technology-Powered Vision

"Eddie's proven FinTech leadership is critical to Kovo's technology-powered vision as a fast-growing leader in the dynamic Billing-as-a-Service healthcare space," explains Kovo CEO Greg Noble. "We're thrilled to welcome Eddie to the Kovo team and his appointment as our new CTO reinforces Kovo's deepening investment in our industry-leading technology platforms and in developing specialized FinTech innovations for healthcare providers."

About Kovo HealthTech Corporation

Kovo HealthTech Corporation is a growing healthcare technology company that specializes in Billing-as-a-Service offering SaaS-style recurring revenue contracts and software for more than 2250 US healthcare providers. Kovo helps healthcare providers digitally track and manage complex patient care registration, services, billing and payments in a seamless way, using its industry-leading technology platform. Currently, through its clients, Kovo processes over $250 million CAD ($200M USD) in annual billing transactions for more than 4.5 million patients. By offering effective billing practices and technology through long-term SaaS-style contracts, Kovo helps healthcare practitioners get paid so they can focus on offering quality care. To learn more about Kovo and to keep up-to-date on Kovo news, visit www.kovo.co.

For more information:
Greg Noble, CEO
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