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Digital Access, AI, and 99% e-Prescriptions: Estonia’s e-Health Revolution and What It Could Mean for the GCC’s Future

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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — What if healthcare were truly at our fingertips, seamlessly integrated into our lives and built around each individual’s unique needs? Imagine a world where a simple digital ID provides secure access to your health data, empowering you to take control of your well-being. Estonia has turned this vision into reality, crafting a pioneering e-health system that transforms the healthcare experience with efficiency, transparency, and a patient-centred approach. As the Gulf region seeks solutions for rapidly growing healthcare demands, Estonia’s digital innovation model offers a vision for the future and a proven pathway to a more connected, responsive, and empowering healthcare system for all.

Estonia’s e-health system stands as one of the world’s most advanced digital healthcare models, offering a glimpse into the future of efficient, patient-centered, and secure healthcare. For over two decades, Estonia has developed and refined a fully integrated e-health system that places citizens at the centre of their healthcare journey, providing instant access to personal health data, digital prescriptions, and comprehensive medical history, all accessible through a secure digital ID system. This commitment to digital innovation is underscored by the fact that nearly 99% of Estonian health data is digitalised, with nearly 100% of patients having digital health records, enabling swift, coordinated, and personalised care across the entire healthcare network.

The success of Estonia’s e-health system is not only a source of national pride but serves as a valuable model for regions like the GCC, where rapid population growth and an increasing demand for quality healthcare require innovative solutions to manage healthcare resources efficiently and ensure patient satisfaction.

One of Estonia’s e-health strengths is its robust and secure electronic health record (EHR) infrastructure, which enables seamless data sharing between healthcare providers and patients. Through this system, patients in Estonia can access their health data from anywhere, track medical visits, and even monitor which healthcare professionals have accessed their records, all in real-time. This transparency builds trust between patients and providers, as Estonian citizens fully own their medical information; this model aligns closely with the priorities of GCC countries, where patient autonomy and trust are increasingly becoming focal points for healthcare reform. As GCC nations explore ways to modernise their healthcare systems, Estonia’s experience shows that a digital-first approach can reduce administrative burdens, cut healthcare costs, and improve patient outcomes.

Estonia’s success with e-prescriptions is also a compelling example of how digital healthcare can enhance efficiency and convenience for patients and providers. In Estonia, more than 99% of prescriptions are issued electronically, making prescription management seamless and reducing paperwork. Patients can simply present their digital ID at any pharmacy, where their prescription information is instantly retrieved and fulfilled; this level of integration eliminates the need for physical documents and multiple visits, saving time for patients and doctors alike. For the Gulf region, where healthcare providers are increasingly tasked with managing high patient volumes, adopting e-prescription systems could offer a transformative solution, allocating resources more effectively and significantly reducing patient wait times.

However, building public confidence in digital healthcare requires innovative solutions and a strong commitment to data security; Estonia’s e-health ecosystem excels in this area, where health data integrity is safeguarded through advanced technology and transparency. The role of data security in Estonia’s e-health ecosystem is another essential element that has helped build public confidence in digital healthcare, with the country’s digital signatures alone saving an estimated 2% of its GDP annually. Estonia’s use of blockchain technology ensures the integrity and security of health data, safeguarding against unauthorised access and potential cyber threats. This secure framework is particularly important for GCC countries, where data privacy and cybersecurity concerns are critical in the healthcare sector. Estonia’s successful implementation of a secure data exchange platform, X-Road, provides an example of managing data responsibly and transparently. Through X-Road, all healthcare-related data is encrypted and accessible only to authorised users, and patients have full visibility over their records and who accesses them. By adopting similar technologies, GCC countries could establish robust safeguards for patient information, fostering greater public trust in digital healthcare.

Additionally, The integration of artificial intelligence and machine learning into Estonia’s e-health system offers exciting opportunities for the future. In Estonia, AI is used to support medical diagnostics and enhance the accuracy of treatments, enabling healthcare providers to make informed decisions quickly. With AI-driven tools, Estonia’s healthcare providers can analyse large sets of health data to identify trends, predict health risks, and create personalised care plans tailored to individual needs.

In fact, Estonia’s healthcare system receives around 2.3 million monthly queries from doctors and patients, demonstrating the high engagement and utility of digital health services. This data-driven approach is especially relevant to the Gulf region, where population health management is becoming a priority — AI and predictive analytics could be leveraged to monitor public health trends, identify at-risk populations, and proactively address health challenges, ultimately improving overall healthcare outcomes for diverse and growing communities.

Estonia’s journey in e-health is more than a story of digital transformation; it’s a testament to what’s possible when a country places the well-being and trust of its citizens at the heart of healthcare. For the GCC, embracing these values could mean more than just improving healthcare delivery; it could transform lives, create a profound sense of trust, and build a system that resonates with hope and compassion. Estonia’s experience shows that we can create a healthier, more connected future for all by centring on people and harnessing the best of technology.

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EXRO PROVIDES UPDATE ON SEMI-ANNUAL INTEREST PAYMENTS ON OUTSTANDING CONVERTIBLE DEBENTURES

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CALGARY, AB, Dec. 20, 2024 /PRNewswire/ – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that provides new-generation power control electronics that expand the capabilities of electric motors and batteries, is pleased to provide an update on the settlement of interest payments through the issuance of common shares.

Pursuant to the terms of the C$15,000,000 secured convertible debentures of the Company issued on December 30, 2022 (the “Debentures”), bearing interest at 12% per annum, payable semi-annually in arrears beginning on June 30, 2023 (the “Due Date”). As of December 20, 2024 the Company has 14,950 debenture units outstanding, and an aggregate amount of interest owing on the Debentures payable of C$897,000 (the “Interest”). The Company has elected to issue 6,407,141 common shares in the capital of the Company (“Common Shares”) at a deemed price of $0.14 to the debenture holders as payment for the interest. Pursuant to the Debentures, the deemed issue price per Common Share is calculated based on the volume weighted average trading price of the Common Shares for the five trading days immediately prior to December 20, 2024.

The issuance of the Common Shares as payment for interest owing on the Debentures is subject to the terms and conditions of the Debentures as well as the receipt of all requisite approvals, including, without limitation, the approval of the Toronto Stock Exchange.

About Exro Technologies Inc.

Exro Technologies Inc., now expanded through the strategic acquisition of SEA Electric, is a leading clean technology company that has developed new generation power control electronics. Its innovative suite of solutions, including Coil Driver™, Cell Driver™, and SEA-Drive®, expand the capabilities of electric motors and batteries and offer OEMs a comprehensive e-propulsion solution with unmatched performance and efficiency. Exro is reshaping global energy consumption, accelerating adoption towards a circular electrified economy by delivering more with less – minimum energy for maximum results.

For more information, please visit www.exro.com.

To view our Investor Presentation, visit us at www.exro.com/investors.

Follow us on social media @Exrotech.

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SOURCE Exro Technologies Inc.

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OPTICAL CABLE CORPORATION SCHEDULES CONFERENCE CALL TO DISCUSS FOURTH QUARTER AND FISCAL YEAR 2024 RESULTS

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ROANOKE, Va., Dec. 20, 2024 /PRNewswire/ — Optical Cable Corporation (Nasdaq GM: OCC) (“OCC®”) today announced that it will release its fourth quarter and fiscal year 2024 results on Monday, December 23, 2024. The fourth quarter and full year results are for the three-month and twelve-month periods ended October 31, 2024. The Company will also host a conference call on Monday, December 23, 2024, at 10:30 a.m. Eastern Time.

Individuals wishing to participate in the conference call should call (800) 445-7795 in the U.S. or (785) 424-1699 internationally, Conference ID: OCCQ424. For interested individuals unable to join the call, a replay will be available through Monday, December 30, 2024, by dialing (800) 839-7414 or (402) 220-6068. The call will also be broadcast live over the internet and can be accessed by visiting the investor relations section of the Company’s website at www.occfiber.com.

As in the past, OCC will answer questions from analysts and fund investors during the conference call. OCC also invites individual investors to submit questions in advance of the conference call. Questions should be submitted in writing to occ-jfwbk@joelefrank.com by 9:00 a.m. Eastern Time on Monday, December 23, 2024.

Company Information

Optical Cable Corporation (“OCC®”) is a leading manufacturer of a broad range of fiber optic and copper data communication cabling and connectivity solutions primarily for the enterprise market and various harsh environment and specialty markets (collectively, the non-carrier markets) and also the wireless carrier market, offering integrated suites of high-quality products which operate as a system solution or seamlessly integrate with other components.

OCC® is internationally recognized for pioneering innovative fiber optic and copper communications technologies, including fiber optic cable designs for the most demanding environments and applications, copper connectivity designs to meet the highest data communication industry standards, as well as a broad product offering built on the evolution of these fundamental technologies.

OCC uses its expertise to deliver cabling and connectivity products and integrated solutions that are best suited to the performance requirements of each end-user’s application. And OCC’s solutions offerings cover a broad range of applications—from commercial, enterprise network, datacenter, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market.

Founded in 1983, OCC is headquartered in Roanoke, Virginia with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC’s facilities are ISO 9001:2015 registered and its Roanoke and Dallas facilities are MIL-STD-790G certified.

Optical Cable Corporation™, OCC®, Procyon®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation.

Further information about OCC® is available at www.occfiber.com.

AT THE COMPANY: 

Neil Wilkin                                                     

Tracy Smith

Chairman, President & CEO                         

Senior Vice President & CFO

(540) 265-0690                                               

(540) 265-0690

investorrelations@occfiber.com                     

investorrelations@occfiber.com  

AT JOELE FRANK, WILKINSON BRIMMER KATCHER:

Aaron Palash   

Spencer Hoffman

(212) 355-4449 ext. 8603   

(212) 355-4449 ext. 8928

occ-jfwbk@joelefrank.com 

occ-jfwbk@joelefrank.com

 

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SOURCE Optical Cable Corporation

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JOSH BERMAN JOINS ASSEMBLY AS EVP, ASSEMBLY LEAD IN NORTH AMERICA

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Strategic hire underscores Assembly’s commitment to bolstering its leadership team to deliver best-in-class services and results for its clients. 

NEW YORK, Dec. 20, 2024 /PRNewswire/ — Assembly, a leading global marketing agency within the Stagwell (STGW) network, today announced the appointment of Josh Berman as Executive Vice President, Assembly Lead. Earlier this year, Assembly unveiled a new operating structure with teams organized into ‘Assemblies’ based on geography and industry sector. Based in New York, Berman will co-lead Assembly East, focusing on deepening brand relationships, driving innovation, and providing more rigor, expertise, and growth for clients.

Berman brings 15 years of media industry experience to Assembly. Most recently, as Managing Partner and Client Lead at Wavemaker, he led media planning and buying for a major Church & Dwight brand and contributed to global product development initiatives, leveraging data and technology to craft effective marketing solutions. Over his career, Josh has partnered with marquee brands across various industries, including Citi, Campbell’s, IKEA, Tiffany & Co., Amgen, Marriott, and AT&T. 

Berman’s appointment is part of Assembly’s ongoing growth efforts, ensuring that the agency remains at the forefront of the industry and continues to meet clients’ evolving needs.

“Our clients get the best of both worlds—an agency big enough to lead yet small enough to care—which means each client receives the attention, dedicated leadership, and prioritization the industry and clients are demanding,” said Rick Acampora, Global CEO of Assembly. “Josh’s extensive experience in media strategy, analytics, client leadership, and innovation, coupled with his ability to fuse media and creative to unlock and accelerate brand performance, will be instrumental as we continue to elevate and find the change that fuels growth for our clients. We are thrilled to have him join our team.”

Berman’s role is effective immediately.

ABOUT ASSEMBLY
Assembly is a leading global omnichannel media agency that merges data, talent, and technology to catalyze growth for the world’s most esteemed brands. Our holistic approach weaves together compelling brand narratives with a comprehensive suite of global media capabilities, driving performance and fostering significant business expansion. Our initiatives are powered by STAGE, our proprietary operating system, and executed by a dedicated global team of over 2,300 professionals across 35 offices worldwide. Committed to purposeful action, Assembly leads the way in social and environmental impact within the agency realm. As a proud member of Stagwell, the challenger network designed to revolutionize marketing, Assembly continues to set new standards of excellence. For more information, please visit assemblyglobal.com.

Contact
Mariana Delacqua
mariana.delacqua@assemblyglobal.com

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SOURCE Assembly

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