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  • Kallo, Inc. (KALO) Signs $200 Million Contract With Republic Of Guinea 0 comments
    Jan 27, 2014 10:22 AM | about stocks: KALO

    Today, Kallo issued a press release to publicly report the development of a new, significant company milestone: it has signed a supply contract with the Ministry of Health and Public Hygiene of the Republic Of Guinea. In line with its organizational focus of improving the quality and efficiency of care by providing centralized congruent solutions that address healthcare and business issues for ministries of health, hospitals, physicians, and other healthcare organizations, Kallo will be providing customized healthcare delivery solutions for the Republic of Guinea.

    The supply contract is valued at $200,000,925.00. In this capacity, Kallo's provided healthcare solutions will consist of MobileCare, RuralCare, hospital information systems, telehealth systems, oharmacy information, disaster management, air and surface patient transportation systems and clinical training.

    "The Republic of Guinea has recently made great strides in its healthcare infrastructure development, and this is an important step towards WHO's Millennium Development Goals for Guinea," said Mr. John Cecil, Chairman and CEO of Kallo. "The signing of a US 200 million dollar supply contract with the Government of Guinea reflects the strength of Kallo's product offering and service commitment. With the ever-increasing global healthcare spending getting more focused on healthcare delivery systems; Kallo's unique and customizable solutions will be a distinct business development advantage for us. In the future, we expect that Kallo will benefit from similar opportunities in other parts of the world."

    The signed contract comes on the heels of meetings between Mr. Ceil and the Government of Guinea, Honorable Docteur Edouard Niankoye LAMA, Guinea's Minister of Health. In December 2013, Guinea's Minister of Health announced that Guinea would initiate a unique healthcare delivery plan for higher-quality healthcare services for the country's rural populations. In doing so, the Minister of Health announced, Guinea would be making progress in meeting its Millennium Development Goals.

    Kallo helps greatly enhance the quality of healthcare delivery in multiple facets via a suite of rural healthcare, disease management, clinical globalization, and oHealth solutions.

    More information about Kallo can be found at: www.kalloinc.ca

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: KALO
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