Wise Ally Introduces SapiVents Ventilator

PRESS RELEASE

HONG KONG—The COVID-19 pandemic is posing an unprecedented challenge to the world. Though many patients experience only mild symptoms, up to 30% of severely infected patients require admission to intensive care units and support by mechanical ventilators.

Ventilators have been in critical shortage globally since the beginning of the pandemic and there is an unmet need for rapidly deployable emergency-use ventilators with sufficient functionality to save patients with severe acute respiratory distress syndrome (ARDS).

Wise Ally International Holdings Ltd. has developed SapiVents, an affordable, safe and easy-to use ventilator built around a resuscitator bag usually found in ambulances and hospitals. SapiVents follows the strict guidance of Emergency Use Authorization under the FDA.

Its design, sensing technology and component selection relies on a robust supply chain unlikely affected by shortages. It can provide a temporary yet crucial solution for emergency use, offering basic ventilator function during critical situations.

The Breathe Freely Campaign is a charitable initiative spearheaded by Wise Ally. With generous funding from private and corporate donors and from the philanthropic sector, SapiVents is expected to undergo production and delivery by the end of 2020 to fight against COVID-19.

At a production cost of less than $300 each, SapiVents is designed to ease the shortage of mechanical ventilators felt by hospitals in the most affected countries. All donations received will be used primarily for producing and delivering SapiVents via international NGOs and charity organizations.

Wise Ally International Holdings Ltd. (HKEX: 9918) is a listed company in Hong Kong specializing in the design and manufacturing of innovative electronic products for the medical, healthcare, commercial and industrial segments. Visit https://ventilator.wiseally.com.hk/

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