Artificial Intelligence

H-Source to join forces with AIM-X to tackle the global demand for PPE

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(TSX VENTURE: HSI) (OTCQB: HSCHF) (the “Company” or “H-Source“) is delighted to announce a strategic partnership the company has entered into with AIM-X Global (“AIM-X“), to utilize the H-Source software platform to successfully procure and deliver the desperately needed Personal Protective Equipment (“PPE“) to front-line and emergency workers in the North American and European markets, to contend with the global fight against the deadly Coronavirus disease. This partnership will help bring order to the chaos and inefficiencies in the healthcare supply chain for these products.  Together with AIM-X, H-Source will be cutting out layers of cost and inefficiencies in the supply chain, and utilizing technologies such as Blockchain to track ownership and custody from the producer to the end consumer.

The Covid-19 pandemic continues to expand globally, putting additional pressure on all aspects of Governments, Hospitals, and Front-line workers for demand of PPE and medical equipment. H-Source and AIM-X are perfectly positioned to tackle this challenge head-on, providing products on a secure software platform creating a Virtual Purchasing Organization, improving supply chain efficiencies by controlling the supply chain from production to the buyer, and getting products to people who need it the most, at the best cost. AIM-X has invested heavily in the ownership of the raw materials facilities, global production facilities, additional manufacturing joint-venture facilities, the internal logistics and freight forwarding via it’s house fleet of vehicles, as well as the ownership of several private planes for the delivery of the goods to global destinations. The combination of AIM-X and H-Source address the currently dysfunctional supply chain for PPE enabling  the buyer and seller to have transaction visibility.

H-Source was formally invited by AIM-X, the primary sponsor, to participate and be part of  the World Peace Day events held in Berlin, Germany on September 21, 2020 (www.worldpeace-berlin.com/en). The theme for this year’s International Day of Peace is “Shaping Peace Together“, with the UN General Assembly declaring this as a day devoted to strengthening the ideals of peace, through observing 24 hours of non-violence and cease-fire.

John Kupice, CEO of H-Source, stated “H-Source is delighted to partner with AIM-X for the global delivery of PPE to where they are needed the most.  The combined platform allows complete visibility of end-to-end delivery of trusted, authentic and reliable products, which is desperately needed today.  Additionally, we are honoured to be invited by AIM-X, who is the main sponsor of World Peace Day, as a participant at the Berlin conference. We are excited to help AIM-X enable their global distribution of PPE products”.

Halim Chaudhary, cofounder and General Director of AIM-X, also has stated: “We are looking forward to working with H-Source to increase our distribution network, efficiencies, and visibility into our supply chain. The partnership will enable our global vision of working with partners and key stakeholders towards the creation of a fairer, more sustainable world that will leverage technical and financial resources to fight the current pandemic as well as to prevent future pandemics”.

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