Healixa Forms a Strategic Partnership in Guyana with Vitality SE
September 16 2021 - 9:30AM
InvestorsHub NewsWire
New York, NY --
September 16, 2021 -- InvestorsHub NewsWire -- Healixa, Inc.
(OTC:
EMOR) (“Healixa”, or the “Company”), a technology company
focusing on building and acquiring innovative and disruptive
technologies in the health-tech, clean water, and green-tech
industries, and Vitality SE, a seasoned local Guyanese
company led by socially minded entrepreneurs, announced today that
they have entered into a long-term strategic partnership that is
expected to accelerate growth for both companies in the quickly
emerging Economy of Guyana. The new innovative partnership
leverages the respective strengths of Healixa and Vitality to
create compelling value for both companies and their respective
shareowners, as well as the people of
Guyana.
Importantly, the
partnership strategically aligns both companies for the long-term
by combining the strength of Healixa’s sustainability technologies
with Vitality’s dedicated focus and expertise in building climate
resilient communities in the country of
Guyana.
Guyana’s
projected economic growth for 2021, measured through its real Gross
Domestic Product (GDP), has doubled from 8.1 percent to 20.9
percent, according to the biannual International Monetary Fund
(IMF)’s World Economic Outlook. This growth builds on the 26.2
percent real GDP growth estimated for 2020. Based on the World
Bank’s latest estimates the country is set to record economic
growth of 20.9 percent at the end of 2021, 26.0 percent in 2022 and
23.0 percent in 2023. By 2026 Guyana is projected to have the
highest per capita oil production of any country in the world at
around a barrel per person per day. Previous forecasts issued by
the IMF put Guyana's economy at $14.1 billion by 2025, almost three
times the 2019 figure.
“Healixa
continues to identify innovative approaches to partnerships that
enable us to stay at the forefront of building sustainable
communities,” said Ian Parker, CEO of Healixa. “Vitality’s
commitment to a socially responsible approach to business aligns
perfectly with our corporate culture of ‘Doing Well While Doing
Good’. This long-term partnership aligns us with a leading local
company in one of the fastest growing markets in the
world.”
“Our agreement
enables us to focus on our core mission of being socially minded
entrepreneurs, while leveraging the strength of Healixa’s
revolutionary technologies,” said Mahaish Ramoutar, CEO of Vitality
SE. “Guyana is in a unique position to learn the lessons of more
developed economies and implement cutting edge technology to
“leapfrog” over the traditional curve. Healixa’s health-tech
applications, along with Healixa’s cutting edge Atmospheric Water
Harvesting® are perfect examples of the types of technologies that
will help both the people of Guyana and the economy more rapidly
advance.”
About Healixa
Inc.
Healixa is a
technology company focusing on building and acquiring innovative
and disruptive technologies in the health-tech, clean water
generation and green-tech industries. Healixa embraces innovation
by combining its intellectual properties, patents, strategic
collaborations, and partnerships to create a “LaunchPad” of
disruptive sustainable products.
About Vitality
SE
Vitality Inc. was
founded by a strong passion and vision for the development of
Guyana and its people. They believe in helping to create a green
economy through their services and products. The company strives to
create local employment, train local Guyanese people to become
skillful workers in their businesses as well as supporting the
youth generation for sports and general
education.
The Vitality team
has been involved in both private and public sector projects for
many years, allowing them to form strategic partnerships and
acquisitions. They have partnered with leading engineering and
construction firms to develop medium to large scale projects around
the world.
Forward-looking Statements
Certain statements contained in
this press release may constitute forward-looking statements. For
example, forward-looking statements are used when discussing our
expected research and development programs, and more. These
forward-looking statements are based only on current expectations
of management and are subject to significant risks and
uncertainties that could cause actual results to differ materially
from those described in the forward-looking statements, including
but not limited to the risks and uncertainties related to the
progress, timing, cost, and results of Partnerships and product
development programs; difficulties or delays in obtaining
regulatory approval or patent protection; and competition from
other companies. Except as otherwise required by law, Healixa Inc.,
f.k.a. Emerald Organic Products, Inc., undertakes no obligation to
publicly release any revisions to these forward-looking statements
to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events.
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