Seoul – June 14, 2022 –

Digital healthcare company ToBeDTx (CEO Kim Dong-yoon) has announced a strategic partnership with IoT-based AI platform solutions provider People and Technology (Co-CEOs Lim Jin-soon and Hong Sung-pyo). The agreement was formalized at ToBeSoft's headquarters, marking a new collaborative step toward advancing digital healthcare technologies.

Key Areas of Collaboration

Under this partnership, the two companies will collaborate on:

• Joint research for digital healthcare technology development
• Marketing and distribution
• Sales initiatives
• Network expansion for business growth

The collaboration will integrate ToBeDTx’s orthostatic hypotension diagnostic module into People and Technology’s IndoorPlus+ IoT platform.

A representative noted, “The integration of ToBeDTx’s orthostatic hypotension diagnostic technology, part of the ‘1080 All-in-One Healthcare Platform,’ with People and Technology’s IoT-based AI solutions, will provide innovative solutions for industrial sites concerned about compliance with the Serious Accidents Punishment Act.”

About the Companies

People and Technology

• Founded in 2014, People and Technology specializes in IoT-based AI platform solutions.
• The company’s IndoorPlus+ asset location tracking solution has been implemented in over 100 locations across sectors such as healthcare, building IoT, logistics, airports, and public services.
• It has successfully developed AIoT-based worker safety management systems for domestic manufacturers and other companies.

ToBeDTx

• A subsidiary of ToBeSoft, the leading domestic developer tools company.
• Focused on developing wearable devices and VR-based digital therapeutics for diagnosing and managing orthostatic hypotension.
• Established at Seoul's Hongneung Innovation Cluster to spearhead advancements in digital healthcare.

CEO Statements

Hong Sung-pyo, CEO of People and Technology:
“We look forward to collaborating with ToBeDTx to prevent occupational accidents caused by orthostatic hypotension. Together, we aim to contribute meaningfully to industrial safety and health.”

Kim Dong-yoon, CEO of ToBeDTx:
“We are delighted to partner with a technology leader like People and Technology. Our joint expertise will provide innovative solutions for occupational safety and help address challenges related to the Serious Accidents Punishment Act.”

This partnership sets a promising precedent for leveraging cutting-edge IoT and AI technologies in healthcare and industrial safety applications, offering impactful solutions for a range of industries.