VGL Vigil Health Solutions Inc

Vigil Health Solutions Inc. ("Vigil") (TSX VENTURE:VGL), is pleased to announce
receipt of a signed contract for $770 thousand from a leading North American
provider of seniors housing. The client's project is the largest system
implementation in Vigil's history.


Located in Virginia the 108-acre campus is one of the largest senior living
communities in the country. The signed contract received in September is the
17th sale to this corporate group and utilizes Vigil's latest hybrid
wireless/wired emergency call technology in a large, multi-building Continuing
Care Retirement Community (CCRC).


"Our scalable solution has been proven in sites ranging in size from a few
residents up to high rises as well as campuses spread over several acres. This
sale is a testament to the breadth of the technology and the capabilities of our
team at implementation." said Troy Griffiths, President, Vigil Health Solutions
Inc.


For information on other second quarter sales please see the Company's quarterly
news release to be disseminated in November.


About Vigil Health Solutions Inc.

Vigil offers a proprietary technology platform combining software and hardware
to provide comprehensive solutions to the expanding seniors' housing market.
Vigil has established a growing presence in North America and an international
reputation for being on the leading edge of systems design and integration. The
Vigil Integrated Care Management System(TM) (Vigil(R) System) includes the
award-winning Vigil Dementia System, a nurse call system, bed monitoring,
resident check in, and the Vigil Wireless call system. The first to supply
dementia specific care technology, Vigil facilitates the highest standard of
care for cognitive residents while helping dementia residents enjoy a higher
quality of life and greater dignity.


Vigil records revenue under the completed contract method of revenue
recognition. The timing of the installation of the technology is often dependent
on facility construction schedules, which can result in a considerable lag
between receipt of contracts and revenue recognition. Completion of this project
and recording of associated revenue is subject to normal business conditions.

Vigil Health Solutions (TSXV:VGL)
Graphique Historique de l'Action
De Fév 2025 à Mar 2025

Vigil Health Solutions (TSXV:VGL)
Graphique Historique de l'Action
De Mar 2024 à Mar 2025