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"ASX ANNOUNCEMENT 01 September 2021 HeraCARE Shortlisted for Government tender in Spain • HeraCARE technology solution has been shortlisted for the Catalonian Government’s qualification tender as part of a comprehensive technology solution for obstetrics departments in nine hospitals in Catalonia, Spain, led by Hospital Hispania.
• As part of the process, HeraMED has signed a binding MOU with leading medical technology company - Hospital Hispania.
• Headquartered in Madrid, with over 25 years of experience, Hospital Hispania offers innovative medical technologies and equipment aimed at optimising clinical processes in the obstetrics segment and represents a strategic partner for HeraMED in the Spanish market.
• Should the qualification process be successful, and Hospital Hispania win the Government tender process, then Hospital Hispania have committed to purchase an initial number of HeraBEAT devices and HeraCARE software platform licenses for approximately USD250,000 in 2022.
• Following this process, both parties will seek to enter into a comprehensive collaboration agreement allowing Hospital Hispania with exclusive rights to distribute HeraMED’s technology to additional healthcare providers across Spain
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