Binovi to release video conferencing app Binovi Connect

2020-12-07 02:00 ET - News Release

Mr. Adam Cegielski reports

INDUSTRY LEADER, BINOVI TECHNOLOGIES, ANNOUNCES UPCOMING RELEASE OF BINOVI CONNECT APP

Binovi Technologies Corp. is redefining the delivery of its vision-based cognitive training SaaS (software as a service) through the launch of Binovi Connect, a Web-based video conferencing app solution that leverages the best-in-class SaaS to provide remote telehealth capabilities. Binovi Connect provides the opportunity for the company to compete and offer care in any market in the world, hyperscaling its growth through the optimization of its provider network (over 800 registered providers) and facilitating care to individuals from the classroom or the comfort of home. Binovi Connect enables users to connect with vision care professionals focused on concussion, reading skills and athletic enhancement. The company has invested over $6-million into product development and is well positioned to take its global expert network and make it available to the millions of people that need its help now.

"There is a great demand for health care services through digital platforms, amplified by the restrictions brought on by COVID-19. Professionals are looking for evidence-based, outcome-oriented solutions that offer virtual health resources for their patients, while patients are looking for a vision care experience comparable to in-person visits. Binovi Connect will allow us to scale our reach and service offering globally," stated Adam Cegielski, Binovi chief executive officer.

The global telehealth user community has become increasingly dependent on agile solutions that are intuitive and reliable. Ease of use and performance are critical qualities of video service adoption. Leading contributors to telehealth SaaS include CloudMD (TSX Venture Exchange: DOC), IBM Corp. (New York Stock Exchange: IBM), Cerner Corp. (Nasdaq: CERN), Intel Corp. (Nasdaq: INTC), Cisco Systems (Nasdaq: CSCO) and Medtronic PLC (NYSE: MDT). Strategic telehealth industry partnerships and collaborations will enable providers to gain a significant edge with service offerings. The Binovi platform resources are compatible with a variety of software and hardware support solutions. The company is expecting to launch a beta version of the app by first quarter fiscal 2021.

The company is currently targeting the 50-million-plus students currently enrolled in K-12 education in North America, of which approximately 20 per cent have undetected binocular vision problems. Binovi Connect will allow users to get the benefit of quick screening, immediate optometric evaluation, and training and therapy. Recent global events relating to COVID-19 have forced health care providers to reimagine the care model with remote care as a viable solution.

"We are very excited to offer this leading solution as a standard feature to all of our relationships," said Terry Booth, Binovi executive chairman. "We strive to connect users with our vast global provider network through this pandemic and beyond."

Providing the ultimate in flexibility for both providers and users, Binovi Connect allows users to browse through the entire Binovi provider network, selecting providers who meet their medical needs, performance goals, personal preferences and budget and scheduling sessions that work with their schedule.

Binovi Connect will enable school boards -- in collaboration with vision specialists -- to conduct screening as part of the curriculum, identifying and addressing potential issues before they can manifest as difficulties or impairments. Binovi Connect's goal is to link knowledgeable vision care providers with patients, broadening the reach for practitioners and improving accessibility for patients. This solution will ultimately expand upon the company's existing SaaS offering, providing greater flexibility between in-clinic and remote care appointments.

"Binovi uses cutting-edge technology and an innovative approach to bring a telehealth solution to market, comprised of a suite of tools, including testing, training and education for vision care providers around the world. With Binovi Connect, we are bringing all this functionality to our end-users -- students, athletes, vision therapy and concussion patients -- mediated by our network of specialists -- all remotely," commented Sam Mithani, PhD, Binovi chief technology officer.

Binovi Connect providers will be able to:

• Set own schedule and manage practice in one place;
• Expand client base by reaching out to new clients;
• Binovi Pro and Binovi Coach integration and compatibility;
• Access Binovi Academy e-learning content;
• Conduct assessments, capture activity data and conduct therapy/training exercises remotely;
• Offer one-on-one or group sessions to reach even more people;
• Collaborate with other specialists to provide the best testing, training and treatment possible;
• Capture and review diagnostic, training and milestone data on each user.

Binovi Connect users will be able to:

• Easily schedule vision training and vision therapy to fit their schedule;
• Get vision care and training from the comfort of home;
• Save time and money with an array of options from different providers;
• Get the best possible care from collaborating specialists, all in one place;
• Work with world-renowned experts in their field, regardless of location or time zone;
• Learn about the various aspects of their visual system with e-learning options;
• Meet face to face without the need for travel;
• Own their data;
• Be in control of vision performance, from start to finish.

We seek Safe Harbor.