Global Health partners with Gemini Consulting
Global Health Limited (GLH) announced that it has formed a strategic alliance with Gemini Consulting Pty Ltd.
Gemini is a change management consultancy that specialises in sales strategy, organisational change and market development.
Under the agreement, GLH will retain ownership as well as rights to its intellectual property and associated product development, while Gemini will gain responsibility for the sales, delivery and support of all Global Health products, and the identification and development of new market segments.
The company agreed to pay $500,000 in the current financial year to become Global Health's exclusive channel partner for the company's consumer health-related products in Australia. In return, GLH will issue 20 million shares to Gemini, which at the time of writing have a market value of $240,000.
Non-Executive Chairman of Global Health, Steven Pynt, looks forward to the alliance: "The principals behind Gemini have over 25 years of successful experience in IT products and services marketing, gained both internationally (Europe, Asia and USA) and in Australia. More recently they have been actively involved with programs developing the consumer market for innovative IT services."
Posted in Australian eHealth