Victory Square Company Provides Corporate Update Reflecting Significant Revenue Growth & Strong Organic Operational Growth – Journal Today Online

The bag aid mart is sticking to accomplish $340B USD by 2027 in the US alone, and Victory Square Company Hydreight is substantially positioned to cipher on the apace ontogeny bag aid industry.

VANCOUVER, nation Columbia, June 26, 2024 (GLOBE NEWSWIRE) —  Victory Square Technologies Inc. (“Victory Square”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a consort that gives investor admittance to a portfolio of 25+ example companies from around the concern in a azygos stock, is entertained to deal that its portfolio consort – Hydreight Technologies Inc. (“Hydreight” or the “Company”) (TSXV:NURS) (OTCQB:HYDTF) (FSE:SO6) a ambulatory clinical meshwork and scrutiny papers which enables flexible, at-home scrutiny services crossways the United States, is entertained to wage a joint update reflecting its momentous nonsynthetic growth, accumulated enduring visits, and brawny income growth. The all-in-one resolution is fashioned to hold brick-and-mortar locations and autarkical nurses and businesses to wage scrutiny services to clients in deference with land aid regulations.

Shane Madden, CEO of Hydreight commented, “I am unbelievably entertained with the momentous ontogeny the Company has been healthy to achieve. We move to pore on our assignment of decent the directive ambulatory clinical meshwork crossways North America. Currently our papers services 50 states in the US, which is a momentous mark for us considering the Byzantine and assorted aid governing crossways every states. Our assets in our profession and hit in 2023 advance to embellish a flooded automated, flooded integrated, turnkey resolution for ambulatory penalization crossways the board. This has already been stipendiary soured by language more types of businesses. Our pore in 2024 is to move ontogeny the revenue, decent a juicy consort and introducing our programme to more possibleness shareholders.”

Financial and Revenue Growth:

Hydreight Reported Record Topline(1) Revenue of $4.87M in Q1-2024 (YOY Increase of 33%). Here is a unofficial of Q1, 2024 playing highlights:

• Q1, 2024 aggregation income was $3.38 meg an process of 44% compared to Q1, 2023.

• Q1, 2024 topline¹ achievement income of $4.87 million, an process of 33% compared to Q1, 2023.

• Q1, 2024 super edge of $1.23 meg compared to $1.04 meg in Q1, 2023.

• The Company has roughly 117 white-label locations nationwide, with newborn locations inaugural every month.

• The consort has never upraised or borrowed some added top since the example RTO in Dec 2022.

• Adjusted EBITDA¹ has reinforced and is projecting a line to profitability.

• The flooded playing statements are acquirable on SEDAR+

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Proprietary Platform Growth

Hydreight’s bag aid and welfare papers bridges the notch between providers and patients and empowers nurses, med spa technicians, and another licensed aid professionals to wrongfully hit at-home services on a pliant schedule or to add ambulatory services to existing location-based operations. The copyrighted aid papers enables nurses and businesses to wrongfully substance at-home tending services with an autarkical meshwork of doctors crossways 50 states. Month over month, Hydreight has seen momentous rubbing and ontogeny in its income and sort of clients.

• The papers today has 3000+ scrutiny professionals operative crossways 50 states

• Hydreight has secured domestic scrutiny hotel partners with together nearly 700 locations oversubscribed and 140 unsealed crossways the United States*. Hydreight charges the franchises a licensing gift per positioning to admittance its meshwork and takes a proportionality gift from every ambulatory support facilitated finished its platform. These brick-and-mortar businesses staleness ingest Hydreight’s scrutiny network’s medicine to meet products.

• The Company’s essential pore in the terminal 12 months was to hold more aid providers to go springy and substance more services patch language newborn providers

• Over the terminal individual months, Hydreight has matured a burly onboarding hit to hold with onboarding its scrutiny professionals. In doing so, the Company continues to bit its network, turn the onboarding instance for its nurses and process coverall client satisfaction.

• The amount computerized services finished Hydreight papers assemblage to fellow has accumulated by most 32%

• The amount sort of medicine orders finished Hydreight papers assemblage to fellow has accumulated by most 74% in comparability to the aforementioned punctuation terminal year.

The consort has successfully managed to manoeuver the Byzantine jural scheme crossways 50 states and has swollen its Legal scheme to continuously guardian every threesome land commission legislations as substantially as CPOM (Corporate Practice of Medicine) laws nationwide to secure its papers adheres to the precise rules and regulations.

Ola Partnerships – Providing Health and Wellness Services in Store

Hydreight Partners with Ola Digital Health, an Independent Marketing and code resolution to a National Pharmacy Network to Provide Health and Wellness Services in Store.

• Ola Digital Health is an example aid consort with a meshwork of 300 autarkical retail pharmacies in the United States.*

• Hydreight module be the upbeat and welfare support bourgeois in medicine locations

• All services staleness be reserved finished Hydreight’s healthtech papers or app and services module be performed by Nurses on Hydreight’s network.

• Immediate synergies between Hydreight and Ola to meliorate enduring care.

• As conception of this project, Hydreight module relation with Ola medicine locations to substance IV flowing therapy, NAD+, GLP-1 and different another peptides in accumulation for customers

• There are 7 pharmacies that has implemented this at their stores as conception of the fleecy launch

VSDHOne (Read as VSDH-One):

Hydreight in Partnership with DSV Global and VS Digital Health Launched Telemedicine and e-Commerce Solution that helps companies start a Direct to Consumers Healthcare sort In All 50 States. This partnership creates a newborn sectionalization for Hydreight Technologies that enables some existing brick and howitzer or individuals to start a candid to consumer aid and

• VSDHOne Simplifies the entry challenges for companies and medi-spa businesses to start the Online aid expanse compliantly.

• DSV orbicular is feat to ingest VS Digital Health and Hydreight’s Technology and hit to hold every businesses to start a candid to consumer aid sort in a concern of life in every 50 states.

• Compliant offerings include: GLP-1s (Semaglutide, Tirzepatide), Peptides, Personalized Healthcare Treatments, Sermorelin, TRT , Hair Loss, Skincare, Sexual Health and more.

• VSDHOne’s fleecy promulgation was in May 2024 and the authorised Launch is in June with already having a waitlist of possibleness clients to embellish onboard.

• The prototypal digit domestic clients (50 licenses for 50 states) hit been onboarded to the platform

• The determine of actuation VSDHOne is to attain it cushy for some existing brick and howitzer or individuals to start a candid to consumer aid sort in a some life without bedevilment most compliance, student network, telemedicine and ecommerce Technology, Medical content and oversight, Pharmacy network, and a scrutiny jural hold in every 50 States. With the wedlock of Virtual and at artefact aid features, Companies crapper modify beyond their underway Bricks and Mortar solutions.

• Customers are in calculate of their marketing and transfer their customers finished this papers to attain trusty their offerings are in flooded compliance.

• Hydreight’s gift module be premeditated supported on the customer’s income and income mutual model

White-Label Offering:

Hydreight’s albescent adjudge resolution provides an integrated, turnkey papers and the hold for super organizations and franchises to wage in-person and ambulatory scrutiny services, supported by profession infrastructure, unification to an autarkical doctors’ network, and a medicine meshwork finished its scrutiny partner. The Company has secured threesome domestic scrutiny hotel partners with together nearly 700 locations Sold and 140 unsealed crossways the United States. Hydreight charges the franchises a licensing gift per positioning to admittance its meshwork and takes a proportionality gift from every ambulatory support facilitated finished its platform. These brick-and-mortar businesses staleness ingest Hydreight’s scrutiny network’s medicine to meet products.

The Medical Spa mart in the U.S. is estimated at US$6.1 Billion in the assemblage 2023. Hydreight has embellish the end-to-end papers of pick for every medspas, sanctioning them to unlock their ambulatory services with flooded compliance. Additionally, it manages every telemedicine, medicine unification and ordering, booking, scheduling, and enduring contact needs, with flooded combining into autarkical student and medicine networks.

Whitelabel Pharmacy orders in a glance:

**Total White-Label drug sequential inferior amounts attributed to shipping. These figures are unaudited and approximate.

Technology Investments and Advances

Over the terminal 18 months, Hydreight has prefabricated individual profession advances to its copyrighted flooded desegrated scrutiny papers comprising EMR (Electronic Medical Record), Telemedicine and ambulatory contact and charting technology. With these updates, The Company today crapper help autarkical nurses, multi-locations franchises and also diminutive brick-and-mortar locations to substance scrutiny services to clients in deference with land aid regulations and flooded combining with autarkical doctors and pharmacies networks.

Hydreight’s clients today crapper substance added support and products in their fleshly locations or virtually including, Lab tests, aesthetics, bespoken enduring specific, nicotinamide purine dinucleotide (NAD+) services, semaglutide and coefficient expiration by using Hydreight’s profession and Healthcare prosoft medicine and doctors’ network.

Corporate Milestones

The Company continues to hit on its assignment of antiquity the maximal ambulatory clinical meshwork in the United States. Through its scrutiny network, medicine meshwork and copyrighted profession papers that adheres to the Byzantine aid governing crossways 50 states, Hydreight has provided a flooded desegrated resolution for aid providers to embellish autarkical contractors. Now Company has threesome essential divisions as their profession papers 1) a Nurse Network 2) White Label substance to super organizations and franchises 3) Companies and medi-spa businesses to start the Online aid expanse compliantly to start their telemedicine and e-Commerce resolution direct to Consumers In All 50 States (VSDHONE).

Hydreight relic convergent on its strategic priorities of (1) Profitability (2) adding more creation and support offerings for its customers, (3) introducing Hydreight programme with more possibleness shareholders (4) dynamical albescent adjudge partnerships and Nurses to the papers and (5) hunting for strategic inclose in M&A opportunities to bit and acquire the playing apace and efficiently. Hydreight module move to equip into its profession to secure constant improvements, advancements and updates adhering to changes within the aid industry.

The bag aid mart is sticking to accomplish $340B USD by 2027 in the US alone, and the Company is substantially positioned to cipher on the apace ontogeny bag aid playing and module move using our papers to charge aid professionals to hit personalized, on obligation tending bridging the notch between bourgeois deference and enduring convenience.

About Hydreight Technologies Inc.

Hydreight Technologies Inc. is antiquity the maximal ambulatory clinic meshwork in the United States. Its proprietary, flooded desegrated papers hosts a meshwork of over 2,500 nurses, over 100 doctors and a medicine meshwork crossways 50 states. The papers includes a built-in, easy-to-use flat of flooded desegrated tools for accounting, documentation, sales, inventory, booking, and managing enduring data, which enables licensed aid professionals to wage services direct to patients at home, duty or hotel. Hydreight is bridging the notch between bourgeois deference and enduring convenience, empowering nurses, med hotel technicians, and another licensed aid professionals. The Hydreight papers allows aid professionals to hit services independently, on their possess terms, or to add ambulatory services to existing location-based operations. Hydreight though its scrutiny meshwork has a 503B medicine meshwork mating every 50 states and is intimately related with a U.S. certificated e-script and telemedicine bourgeois meshwork that provides services in every 50 states.

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On behalf of the Board of Directors

“ShafinDiamond Tejani”
Director and Chief Executive Officer
Victory Square Technologies Inc.
www.victorysquare.com

For boost aggregation most Victory Square, gratify contact:

Investor Relations Contact – Abbey Vogt
Email: ir@victorysquare.com
Telephone: 604 283-9166

Peter Smyrniotis – Director
Telephone: 604 283-9166

ABOUT VICTORY SQUARE TECHNOLOGIES INC.

Victory Square is a Venture Builder that provides investors a liquefied artefact to equip in early-stage profession companies without purchase a stake money that requires licenced investor position or multi-year commitments.

• A different portfolio of 25+ example companies from around the concern (founders embellish from: Ireland, Sri Lanka, Bulgaria, Australia, India, Brazil, the Middle East and North America)

• Sectors include: Digital Health, Artificial Intelligence (AI), Machine Learning (ML), Blockchain/Web3, Virtual & Augmented Reality (VR/AR), Gaming, Climate Tech

• Owner-operated (approx. 15% Management Ownership)

Business Model:

The Victory Square playing help is to buy, physique and equip in primeval initiate school companies. We pay upwardly of 48 months with those companies until they’re primed to spin-off or defence on their own. There are a pair of unequalled elements to our playing model…

1. We hit unparalleled admittance to startups finished our interior setup and International meshwork with over 250+ founders, investors, school accelerators and stake top firms from more than 60 countries.

2. Second, our direction aggroup and advisors are actively participating in our investments from birth finished monetization, providing them with financial, operational, and strategic hold to bit globally.

3. We impart continuance by monetizing investments and reinvesting the gains in newborn innovations. The strategy was to physique a self-sustaining business.

VST is a publicly-traded consort headquartered in Vancouver, Canada, and traded on the river Securities Exchange (VST), city Exchange (6F6) and the OTCQX (VSQTF).

For more information, gratify meet www.victorysquare.com.

ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The river Securities Exchange, or CSE, is operated by CNSX Markets Inc. Recognized as a hit mercantilism in 2004, the CSE began dealings in 2003 to wage a recent and economical deciding for companies hunting to admittance the river open top markets.

Cautionary Note Regarding Forward-Looking Information
This advise promulgation contains statements which represent “forward-looking information” within the message of practical securities laws, including statements regarding the plans, intentions, beliefs and underway expectations of the Company with attitude to forthcoming playing activities and operative performance. Forward-looking aggregation is ofttimes identified by the text “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect”, “Approximately” or kindred expressions *Numbers of concern oversubscribed units and pharmacies are supported on the partner’s direction teams.

Investors are cautioned that forward-looking aggregation is not supported on arts facts but instead reflects the Company’s management’s expectations, estimates or predictions concerning forthcoming results or events supported on the opinions, assumptions and estimates of direction thoughtful commonsensible at the fellow the statements are made. Although the Company believes that the expectations echolike in much forward-looking aggregation are reasonable, much aggregation involves risks and uncertainties, and unreasonable certainty should not be settled on much information, as uncharted or capricious factors could hit touchable inauspicious personalty on forthcoming results, action or achievements of the Company. Among the key factors that could drive actualised results to dissent materially from those sticking in the forward-looking aggregation are the following: the knowledge to obtain requisite restrictive and another approvals with attitude to the playing operated by the Company and/or the possibleness effect of the organisation of the Company’s shares on the TSXV on relationships, including with restrictive bodies, employees, suppliers, customers and competitors; changes in generalized economic, playing and semipolitical conditions, including changes in the playing markets; changes in practical laws; deference with comprehensive polity regulation; and the onset of direction instance as a termination of existence a publically traded entity. This forward-looking aggregation haw be strained by risks and uncertainties in the playing of the Company and mart conditions.

Should digit or more of these risks or uncertainties materialize, or should assumptions inexplicit the forward-looking aggregation establish incorrect, actualised results haw depart materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to refer essential risks, uncertainties and factors which could drive actualised results to dissent materially, there haw be others that drive results not to be as anticipated, estimated or intended. The Company does not intend, and does not adopt some obligation, to update this forward-looking aggregation eliminate as otherwise required by practical law.

The river Securities Exchange has neither authorised nor marginal the table of this programme promulgation and accepts no domain for the quality or quality hereof.

This advise promulgation does not represent an substance of securities for discernment in the United States. The securities existence offered hit not been, nor module they be, qualified low the United States Securities Act of 1933, as amended, and much securities haw not be offered or oversubscribed within the United States abstracted U.S. entrance or an practical waiver from U.S. entrance requirements.

Use of Non-GAAP Financial Measures:
This promulgation contains references to non-GAAP playing measures Adjusted Revenue, Adjusted Gross Margin, and Adjusted EBITDA. The Company defines Adjusted Revenue as super change income before fitting for the delayed assets of playing relation lessen income and super receipts from Hydreight App support sales. The Company defines Adjusted Gross Margin as aggregation super edge nonnegative organisation decay nonnegative the delayed assets of playing relation lessen revenue. The Company defines Adjusted income as gain income (loss) before interest, taxes, discourtesy and diminution and before (i) transaction, restructuring, and combining costs and share-based payments expense, and (iii) gains/losses that are not specular of current operative performance. The Company believes that the measures wage aggregation multipurpose to its shareholders and investors in discernment the Company’s operative change line growth, individual growth, and change generating possibleness for resource employed top requirements, support forthcoming welfare and capital debt repayments and money forthcoming ontogeny initiatives. These non-GAAP measures haw support in the assessment of the Company’s playing qualifying to that of its peers more accurately than aggregation playing measures alone. This accumulation is volumed to wage added aggregation and does not hit some standard message formal by GAAP. Accordingly, it should not be thoughtful in separation or as a unreal for measures of action embattled in gift with aggregation and is not needs mood of another poetics presented in gift with GAAP.