TORONTO: ScreenPro Security Inc. (CSE: SCRN) has entered into a Letter of Intent to acquire the assets of CENTRED Ventures LLC for CAD $13 million in share of ScreenPro, a news release said.
Centred connects travelers to leading and emerging wellness brands in over 200 cities worldwide, utilizing a vertically integrated platform with an app, website, physical locations, e-commerce, health and wellness, and loyalty programs. In addition to this, Centred has established relationships with the airport authorities in the UAE where all travelers to the region will be sent the Centred App to upload their proof of a negative Covid-19 test before boarding the flight.
ScreenPro sees tremendous opportunities to cross sell its covid tests and services to the over 200 cities that Centred has relationships with.
“As businesses and countries continue to open and global travel expands, we believe that adding this travel wellness techology component to our existing medical security business will drive significant value for all shareholders. Brian and his team have built a great integrated technology that is easy to use for travelers with an added bonus of the loyalty component with some very big value add brands,” said Andrew Ryu, CEO of the Company.
It is anticipated that the definitive agreement will be signed on or before June 31st, 2021 or such other date as mutually agreed to by the parties.
Centred connects travelers to leading and emerging wellness brands in over 200 cities worldwide. The company utilizes a vertically integrated platform with an app, website, physical locations, e-commerce, health and wellness, and loyalty programs.
Centred members can prioritize their health and wellness like never before with instant access to handpicked, trusted services and experiences. Centred has an agreement in place with the UAE airports where travelers are sent the Centred App and asked to upload their proof of a negative Covid 19 test within 48 hours of flying to the UAE.
CENTRED is the must-have travel and wellness app dedicated to bringing peace of mind to global travelers. Through Centred’s partnerships with global credit cards, brands, and aggregators, they have access to over 57 million affluent members worldwide. Their passion lies in driving volume to small businesses while setting a new global standard for wellness.
Working with global B2B partners in travel, healthcare, fitness, and beauty tech, Centred is uniquely positioned for when the world opens up in a post COVID-19 environment. CENTRED was created by nomads, entrepreneurs, travelers and earth-loving dreamers who came together to change travel by giving our community the ability to curate their experiences, while putting health and wellness at the centre of their journey.From home to airport to destination and back, CENTRED gives you the peace of mind to travel comfortably and safely in a post-pandemic age.
CENTRED provides carefully handpicked offerings with some of the world’s most unique brands in fitness, beauty, wellness, health care, culinary and hotels to overcome the ravages of travel. www.centred-wellness.com
ScreenPro is a Medical Screening Technology company. ScreenPro provides turnkey screening solutions with alerting software, GoStop. ScreenPro’s unique access to multiple manufacturers of high quality test kits and its strategic partnership with Labs in Vancouver and Ontario allows ScreenPro to be a nationwide provider of a full-service testing solutions across Canada. www.screenprosecurity.com