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Aino Health AB (publ): Aino Health's strategic par

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Posted On: 02/27/2017 2:45:15 AM
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Posted By: News Desk 2018
Aino Health AB (publ): Aino Health's strategic partner Kunnan Taitoa signs major agreement with the City of Kouvola

PRESS RELEASE

February 27, 2017

Aino Health's strategic partner Kunnan Taitoa signs major agreement with the City of Kouvola

Aino Health's strategic partner Kunnan Taitoa has signed its first major agreement for Aino HealthManager with the City of Kouvola in Finland. The Aino Health service will provide valuable insights regarding the root cause for absence leave with objective to provide better preventive health care.

It was announced, in early February 2017, that Aino Health was awarded a contract with Kunnan Taitoa, the leading countrywide operating supplier for financial, sourcing and HR services to the Finnish Public Sector, to implement Aino HealthManager cloud-based platform. This is the first agreement Kunnan Taitoa is signing since the announcement was done.

The agreement with Kouvola includes Aino Health's cloud-based service Aino HealthManager including integration services for Occupational Health care vendors and Pension Funds. The contract also includes Aino Analytics for gaining immediate insight into healthcare vendors reaction times, absence rates and other related health management processes which gives easy access to Kouvola to improve productivity as well as their efficiency in health care in general.

"We have a rising need for corporate health management. Aino Health and Kunnan Taitoa offer an excellent solution for Kouvola's health management process. Our mission is to support our 5800 employees' engagement by offering a complete package for employee wellbeing and workability throughout their entire career with us", says Päivi Karhu, HR director for City of Kouvola.

"After successful piloting the Aino HealthManager in the City of Kouvola we are now ready to launch the service. It feels great that we can move ahead with full speed in our co-operation" Says Sari Kujala, Development Director from Kunnan Taitoa.

"This is a major opening for our strategic partner Kunnan Taitoa, and I am very happy to this agreement between Kunnan Taitoa and City of Kouvola", says Jyrki Eklund, CEO of Aino Health.

Aino Health's management team has decided that the disclosure of the value of the contract is a high probability of damage to the company's competitiveness so no details of the agreement will be announced.

This information is such information that Aino Health AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set below, at February 27 th , 2017 at 08:30 CET.

For more information, please contact:

Jyrki Eklund, CEO Aino Health Phone:          +358 40 042 4221 E-mail:           jyrki.eklund@ainohealth.com

Markku Pitkänen, Country Manager Aino Health Finland Phone:           +358 40 838 1587 E-Mail             markku.pitkanen@ainohealth.com

www.ainohealth.com

About Aino Health

Aino Health is the leading solution provider in Corporate Health Management; we are for private and public organisations what doctors are for people. The company's complete system of IT-based services reduces sick leave, related costs and deliver long term prosperity, increased productivity and employee engagement by adopting health, wellbeing and safety as an everyday activity.

Aino Health AB (publ) is listed at Nasdaq Stockholm First North (Ticker: AINO). Erik Penser AB is the Certified Advisor to the company.



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