Australian software company InteliCare (ASX:ICR) has executed a non-binding heads of agreement (HoA) with JNC Technologies Group to leverage its tech platform to JNC’s network of aged care providers.
This Hoa represents a precursor to a binding reseller agreement, with both parties intending to complete binding documents before 31 October this year.
The company says this HoA is a validation of its commercialisation strategy that it’s beginning to execute and of JNC’s commitment to deliver reliable and proven in-market software solutions to the aged care and National Disability Insurance Scheme (NDIS) sectors.
InteliCare reports strategic partnerships such as this with groups already established within the aged, disability, and healthcare sectors provide an ability for the company to scale more rapidly.
Further, the company says this HoA accelerates JNC’s commitment to deliver aged care providers with best-in-class and actionable information for greater effective care management.
Speaking on the HoA, InteliCare Holdings Chief Executive Officer (CEO) Daniel Pilbrow says: “I am delighted to have entered into this agreement with JNC and look forward to completing the binding agreement and getting InteliCare’s first deployment underway within JNC’s network.
“JNC is an ideal corporate partner for InteliCare as we seek to execute our commercialisation strategy”
JNC is an ideal corporate partner for InteliCare as we seek to execute our commercialisation strategy. One element of the strategy is to seek strong commercial partners. JNC has a very strong network in the aged care industry, with customers seeking monitoring and predictive analytics solutions to deliver proactive care within their communities.
Pleasingly, after reviewing market options and even considering developing a platform for themselves, JNC elected to enter into a reseller agreement with InteliCare demonstrating the value proposition of the InteliCare platform.”
InteliCare is an ASX-listed software-as-a-service (SaaS) technology company in the aged care, disability, and health industries that has developed an award-winning artificial intelligence (AI)-based care support solution.
JNC Technologies that scopes client requirements and incorporates data intelligence gathered from its aggregated selection of specialised interoperable technology.
Write to Adam Drought at Mining.com.au