PRESS RELEASE
For Immediate Distribution
UCREST PARTNERS WITH STAYONLINE TO DIGITALIZE HEALTHCARE IN AFRICA
PETALING JAYA, 21 March 2024 – UCrest Berhad (“UCrest”, ACE Market: 0005) and StayOnline Ltd, a Rwanda company have signed a Business Partnership Agreement to digitalize the healthcare industry with Artificial Intelligence (“AI”) and Internet of Medical Things (“IoMT”) into StayOnline Ltd’s digital payment platform offering intelligent medical services to the population in Rwanda, Kenya, Uganda and Zambia, elevating the healthcare industry to a new era.
StayOnline Ltd is the leading digital payment platform and business process outsourcing company in Rwanda, Kenya, Uganda and Zambia with merchants in Europe and Africa, processing tens of thousands of transactions each day with millions of users.
Both companies agree to integrate the payment gateways that are currently supporting millions of users into iMedic™ digital health e-commerce platform, providing millions of users with easy access to medical service providers in Rwanda, Kenya, Uganda, Zambia and other countries. Patients will not only have access to doctors in the countries, but also the renowned specialists in the United States, Europe, China, Singapore and other countries.
Additionally, the integrated platform will enable StayOnline Ltd’s merchants to market their products and services to the users in Asia.
The companies will jointly develop the iMedic™ Centre of Excellence (“iCOE”) for digital health in collaboration with leading medical service providers and universities or research centres, providing training and certification to the doctors, accelerating the digitalization of the healthcare industry.
The Centre of Excellence will serve as a platform for research and development of IoMT and AI in healthcare industry, collaborating with the universities, research institutions, startups or any medical technology companies to accelerate the digitalization of the economy of the country.
“With digital health service offerings on the integrated platform, not only we are extending the services to every person in the country, but also every corner in Africa and the world. With iMedic™, our users will be able to have access to the top-notch doctors from leading hospitals of the world including MD Anderson, Stanford University Hospital, Cleveland Clinic and Mayo Clinics in the US and General Hospital 301 and Union Hospital in China,” said Desire Muhinyuza, CEO of StayOnline Ltd “With AI and IOMT technologies powering the healthcare services, it will significantly improve the efficacy of the patients, greatly improve the efficiency of the healthcare industry, tremendously reduce the escalating healthcare costs,” he added.
“This partnership with StayOnline Ltd, not only marks the beginning of the digital health era in Rwanda and Africa in general, with the use of AI and IoMT technologies in providing healthcare care services. The partnership is strategic and instrumental in elevating the healthcare service to the next level, with high degree of automation and efficiency” said Mr. Eg Kah Yee, Chairman of UCrest. “The establishment of the Centre of Excellence for digital health will establish Rwanda the hub for digital health of the continent and serves as the catalyst and springboard in evangelizing digital health to other countries in Africa, benefiting people in every corner of the continent.” With iMedic™ AILab and fundus camera, patients can have health screening of eye diseases done at the clinics with the online ophthalmologist without having to visit an eye specialist. With the aging population, Age-related Macular Degeneration (“AMD”) that causes blindness at old age maybe prevalent with the longer average life expectancy. With Artificial Intelligence technology, iMedic™ can accurately detect glaucoma and Diabetic Retinopathy (“DR”) in addition to AMD and other blood vessel related diseases, enabling early prevention and management to better manage the diseases.
iMedic™ is the leading digital health platform developed by UCrest currently used in multiple countries in Asia, Middle East, and US. iMedic™ leads the market with its IoMT and AI, empowering the patients to better manage their own health and increasing the productivity of doctors and clinics through Artificial Intelligence and automation. iMedic™ connects to over 30 wireless medical devices including ECG, blood pressure monitor, oximeter, ultrasound, BMI machines, CPAP, fundus cameras and others.
ABOUT UCREST BERHAD
UCrest Berhad is a leading provider of the most advanced Cloud Hospital and mobile health services.Currently, the Company has operation in Singapore, Malaysia, India, China, and Taiwan.
UCrest’s iMedic™ Cloud Hospital is currently used by renowned doctors and patients in the United States of America, China, Singapore, Malaysia, Taiwan, Indonesia and Middle East countries for the diagnosis, management and treatment of chronic diseases such as cardiovascular diseases (“CVD”), cancer, diabetes, hypertension, sleep apnea, stroke rehabilitation and other diseases.
The vision of the Company is that every home shall be a super clinic with wearable or home medical devices of the latest technologies that are capable of measuring or monitoring a large number of vital signs of the body regularly and wirelessly uploading the data to the iMedic™ Cloud Hospital and doctors at the iMedic™ Cloud Hospital would be able to provide online consultation and prescription.
For more information, visit https://www.ucrest.net
ABOUT STAYONLINE LTD
For more information, visit https://www.stayonline.tech
For more information, please contact:
Evelyn Liew
Tel: +60 11-6711 355
Email: evelyn@ucrest.net
info@stayonline.tech
