PainChek Limited announced that Summerset Holdings Limited is rolling-out PainChek's pain assessment solution across all care centres after a successful 6-month pilot. The contract is the first rollout of PainChek in New Zealand, while its monetary value is not material to the Company, this arrangement is materially significant in the international expansion of the PainChek business. The agreement with Summerset is an important part of the Company's expansion into new aged care markets internationally.

The pilot of PainChek began with Summerset's Levin site in early August 2021 and in the following months PainChek was able to demonstrate that it could remotely assist care centre personnel in responding more quickly to patients who may be in pain but were not able verbalise it, all whilst complying with the current social distancing measures. PainChek and Summerset has now formed an agreement to roll-out the pain management solution across all of Summerset's 24 care centers totaling 1,150 beds. This contract will be at standard commercial rates and will run for an initial period of 12 months.

The contract has commenced and there are no material termination clauses. PainChek has seamlessly and remotely managed the engagement with Summerset, from sales through to implementation to support. PainChek is confident that the full roll-out can also be deployed remotely by its Australia-based team, working in conjunction with Summerset's team in New Zealand.

Summerset will also benefit from PainChek's partnership with VCare International, who is the existing CMS provider to Summerset. PainChek is fully integrated with VCare, which means that Summerset personnel will benefit from significant time savings and workflow improvement once the roll-out is complete. The roll-out of PainChek® to Summerset is expected to be carried out over the course of 2022.