NxGen Brands Signs Letter of Intent (LOI) to Acquire HealthCard, a Patent Pending Patent Pending Patient-Centered Universal Health Registration and Payment Card

FORT LAUDERDALE, Florida, June 8, 2021 / PRNewswire / – NxGen Brands Inc. (OTC: NXGB) (“NXGB” or the “Company”), is pleased to announce that it has signed a Letter of Intent to acquire a technology company, which has a pending patent application in the United States for a patient-centered health registration and payment system. HealthCard, LLC (“HealthCard”) filed U.S. Patent Application Number 15/944867 with the Patent Office on 2019-10-10 for System and Method for Universal Patient-Centered Health Registration and Payment “. https://uspto.report/patent/app/20190311791

HealthCard is a biomedical developer of topical drug technologies targeting over-the-counter pharmaceutical and cosmetic applications, and its innovative, patent-pending technology using blockchain as a decentralized yet secure storage format targets the multi-billion dollar healthcare industry , enabling patients and providers to make an impact in healthcare and deliver value-based care. The technologies can be implemented both for private providers and for government standardization of health records management.

Website: https://healthcard.co/

Therefore, with many of the new measures being enacted requiring proof of vaccination among other required pandemic tests, having access to one’s medical records at hand and on demand will not only be convenient but likely necessary. HealthCard is the solution the healthcare system was missing. A universal platform that enables clinicians and other medical providers to seamlessly sort, organize and share patient medical history data between providers, making diagnosis and ordering of tests efficient.

Angel Burgos, the CEO of the company said: “This remarkable system, which will be updated and modified to also be integrated into a telemedicine application for billing and real-time display of service to insurers or 3rd parties by minimizing the overheads associated with the constant invoicing of services rendered. The high level of security design enables marketing as a viable solution that can be licensed directly to various governments as the standard for the Cannabis Card or Global Medical Card with the additional security function it provides while streamlining billing and billing operations for medical providers. “

He continued: “Our business models / target uses are:

  • Digitization of medical records for emerging markets while standardizing the registration of existing documents.
  • Absolute responsibility for the prescription given by the doctors reducing the abuse of controlled substances.
  • Licensing insurance companies as a one-size-fits-all solution for medical / provider payments.
  • Global access to medical records in a secure format and design from any TCP / IP enabled workstation.
  • Documentation of drug or cannabis use in a detailed format allowing for the determination and / or control of the abuse.
  • IOS and Android applications to serve as a digital card taking advantage of security-focused features such as biometrics, RFID and NFC communications for contactless operations. “

About NxGen Brands, Inc.

NxGen Brands Inc. is a multi-faceted public company comprised of core business industries that serve various market segments. Our competence lies in building brands with specific target segments while combining backend collaboration tactics to maximize our growth and expansion. In alliance with our regional partners across the United States, we seek to establish partnerships within national networks of related companies in the industry, in anticipation of market needs.

The breakdown of our primary business model includes, but is not limited to, health and wellness products, secure delivery and logistics services, CBD and cannabis products, GPS tracking technologies, authentication to distance, validation and secure exits from the blockchain. Our in-house capacity and experience in engineering, design, manufacturing, development, integration and marketing within the corporate structure allows us to streamline processes and determine the most cost effective way. establish the proposed market share.

About HealthCard, LLC

HealthCard is a biomedical developer of topical drug technologies targeting over-the-counter pharmaceutical and cosmetic applications, and its innovative, patent-pending technology using blockchain as a decentralized yet secure storage format targets the multi-billion dollar healthcare industry , enabling patients and providers to make an impact in healthcare and deliver value-based care. The technologies can be implemented both for private providers and for government standardization of health records management.

Website: https://healthcard.co/

For more information about the “NXGB” company, please visit the company’s website at https://www.nxgenbrands.com.

To be added to the company’s investor mailing list, please send an email [email protected] with “NXGB” in the subject line.

FORWARD-LOOKING STATEMENTS:

This press release contains forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events, including our ability to raise capital, or our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause results to differ materially from results. , activity levels, performance or future achievements expressed. or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements, as they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and probably will, significantly affect the results. actual results, activity levels, performances or achievements. Any forward-looking statement reflects our current views regarding future events and is subject to these and other risks, uncertainties and assumptions regarding our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons why actual results could differ materially from those anticipated in such forward-looking statements, even if from new information becomes available in the future.

For a discussion of these risks and uncertainties, please see our documents filed with OTC Markets Group Inc. Our public documents with OTC Markets Group Inc are available from Trade Document Retrieval Services and on the website maintained by OTC Markets at https: // www.otcmarkets.com/stock/NXGB/disclosure

Contact:
[email protected]
Telephone: (888) 315-6339

SOURCE Brands NxGen Inc.


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