MedBright AI Announces New Commercial Product Demos for MedMatrix AI Platform

VANCOUVER, British Columbia, May 02, 2024 (GLOBE NEWSWIRE) -- MedBright AI Investments Inc. (the “Company” or “MedBright”) (CSE:MBAI, OTCQB:MBAIF, FSE:Y30) today announced MedMatrix, a product in which it has a significant investment, has launched two new demonstration videos highlighting the capabilities of the MedMatrix AI Reporter and Forecaster.

The videos highlight the key product areas of the MedMatrix Reporter and Forecaster to provide a birds-eye view of clinic operations, including insights into market competition, revenue enhancement opportunities, claim efficiency, and resource efficiency. Users can then use the Forecaster tool to simulate various clinic scenarios and review detailed forecasts about clinic revenue and operational performance. This gives operators a new tool to make decisions on how to run and manage their clinics. The videos can be found on MedMatrix’s website at www.medmatrix.io/products.

“We are excited to release these product demonstrations to show potential customers the power of the MedMatrix platform to consolidate data and provide tangible insights to providers”, said Jaime Gerber, Chairman of Medbright AI. “The ability to provide high fidelity simulations to clinic operators is a truly differentiated product in the market with strong early validation from our beta customers.”

About MedBright AI Investments Inc.

MedBright AI is a capital allocator focused on investing in healthcare technology companies. The team at MedBright prides themselves on unparalleled access to opportunities, as well as structuring unique and advantageous investments. MedBright's mission is to construct a portfolio of synergistic investments to generate superior returns for shareholders while maintaining commitment to governance.

MedBright AI Investments Inc.
Trevor Vieweg, Chief Executive Officer
Email: [e-mail]
Phone: [phone]

Cautionary Statement Regarding "Forward-Looking" Information 

This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including, without limitation, the anticipated benefits of the MedMatrix AI product suite including clinical operations optimization and revenue enhancement opportunities, including with respect to its use by DISCC, the deployment of MedMatrix AI to the US outpatient market, the conversion of arrangements with beta customers into commercialized arrangements, and the Company’s plans to generate returns for its shareholders through its portfolio of investments, are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should” or “would” or occur.