Vancouver, British Columbia and Las Vegas, Nevada--(Newsfile Corp. - February 19, 2025) - Hydreight Technologies Inc. (TSXV: NURS) (OTCQB: HYDTF) (FSE: SO6) ("Hydreight" or the "Company"), a fast-growing mobile clinical network and medical platform, is pleased to announce that it has been included in the 2025 TSX Venture 50 list. The TSX Venture 50 recognizes the top-performing companies from over 1,600 issuers listed on the TSX Venture Exchange (TSXV) based on market capitalization growth, share price appreciation, and trading volume over the past year. In 2024, Hydreight Technologies Inc. also was ranked 9th in Canada and 56th in North America on Deloitte's Technology Fast 500 list. The Technology Fast 500 is a ranking of the fastest-growing technology companies in North America.
Hydreight's Continued Growth & Market Recognition
"We are honored to be recognized as a top-performing company in the 2025 TSX Venture 50," said Shane Madden, CEO of Hydreight Technologies. "This achievement reflects our continued commitment to innovation in mobile healthcare and telemedicine. Hydreight expands access to medical services by enabling licensed healthcare professionals to deliver care at home, in clinics, and through direct-to-consumer models. This recognition reflects our strong operational execution and commitment to our shareholders."
The full list of TSX Venture 50 winners can be found at: tsx.com/venture50.
A Year of Milestones & Recognition
The inclusion in the 2025 TSX Venture 50 is the latest in a series of milestones and accolades for Hydreight, reinforcing its position as a leader in digital health innovation.
Key 2024 Achievements:
Ranked 9th in Deloitte's Technology Fast 50 in Canada and 56th in Deloitte's Technology Fast 500 in North America for its rapid revenue growth.
Provided Shareholder Update on 2024 Milestones and 2025 Vision
VSDHOne Expansion - The telemedicine and e-commerce platform is now fully operational across all 50 U.S. states,
Continued investment in compliance, technology, and strategic partnerships to drive further scalability and growth.
Positioned for a Strong 2025 & Beyond
As Hydreight moves into 2025, the Company remains focused on its core pillars for growth:
Scaling VSDHOne and the Accelerator Program, expanding its reach across all 50 states while enhancing service offerings and revenue potential.
Optimizing product offerings and operational efficiencies to drive higher margins and accelerated revenue growth.
Exploring potential 503A and 503B licensing opportunities to strengthen vertical integration and improve cost structures.
A Message to Shareholders
"This recognition and the momentum we've built in 2024 serve as a stepping stone for our continued progress this year.," added Madden. "We remain committed to driving innovation in mobile healthcare, scaling our operations, and maximizing value for our shareholders. Thank you to our investors, partners, and team members for your ongoing support-this is just the beginning."
For more information about Hydreight's growth and strategic initiatives, visit:
TSX Venture 50 List: www.tsx.com/venture50
SEDAR+: www.sedarplus.ca
Hydreight's Website: www.hydreight.com
On behalf of the Board,
Shane Madden
CEO, Hydreight Technologies Inc.
Contact
Email: ir@hydreight.com; Telephone: 1 (702) 970-8112
About Hydreight Technologies Inc.
Hydreight Technologies Inc is building one of the largest mobile clinic network in the United States. Its proprietary, fully integrated platform hosts a network of over 2500 nurses, over 100 doctors and a pharmacy network across 50 states. The platform includes a built-in, easy-to-use suite of fully integrated tools for accounting, documentation, sales, inventory, booking, and managing patient data, which enables licensed healthcare professionals to provide services directly to patients at home, office or hotel. Hydreight is bridging the gap between provider compliance and patient convenience, empowering nurses, med spa technicians, and other licensed healthcare professionals. The Hydreight platform allows healthcare professionals to deliver services independently, on their own terms, or to add mobile services to existing location-based operations. Hydreight has a 503B pharmacy network servicing all 50 states and is closely affiliated with a U.S. certified e-script and telemedicine provider network.
About VSDHOne - Direct to Consumer Platform
Developed in partnership with Victory Square Technologies (CSE: VST) (OTCQB: VSQTF) (FSE: 6F6), Hydreight Technologies launched the VSDHOne (Read as VSDH-One) platform. VSDHOne simplifies the entry challenges for companies and medi-spa businesses to enter the online healthcare space compliantly. This platform will help all businesses to launch a direct-to-consumer healthcare brand in a matter of days in all 50 states. Compliant offerings include: GLP-1s (semaglutide, tirzepatide), peptides, personalized healthcare treatments, sermorelin, testosterone replacement therapy ("TRT"), hair loss, skincare, sexual health and more. Hydreight invested in technology, legal and infrastructure to launch this platform. The VSDHOne platform offers a complete, end-to-end solution for businesses looking to launch direct-to-consumer healthcare brands. From compliance and telemedicine technology to nationwide doctor and pharmacy networks, VSDHOne provides all the tools needed for a seamless entry into the online healthcare space. The platform is designed to significantly reduce the time and costs associated with launching such services, making it possible for businesses to go live in days instead of months.
Neither TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. This press release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.
Cautionary Note Regarding Forward-Looking Information
This press release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, path to profitability, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "projecting", "expect" or similar expressions and includes information regarding expectations for the Company's growth, VSDHOne Growth and "Positioned for a Strong 2025 & Beyond"
Investors are cautioned that forward-looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability to obtain requisite regulatory and other approvals with respect to the business operated by the Company and/or the potential impact of the listing of the Company's shares on the TSXV on relationships, including with regulatory bodies, employees, suppliers, customers and competitors; changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation; and the diversion of management time as a result of being a publicly listed entity. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
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SOURCE: Toronto Stock Exchange
