Yahoo Finance Relay Medical and Fio Report on Testing Success at Pearson Airport and the Significance of What Has Been Accomplished
Fionet High-throughput Assembly Line
Fionet’s innovations include replicable assembly lines that can be parallelized. Five Fionet devices, each doing 60 tests/hour, can clear 300 passengers/hour - e.g., a Boeing 737 or an Airbus A310.
All modules of Fionet deployed at Toronto Pearson
(1) Fionet Manager does browser-based registration, scheduling, reporting; (2) Fionet Deki Devices do rapid diagnostic tests (RDT); (3) Fionet Broker connects diagnostic devices, databases, lab information systems; (4) Fionet Portal does reporting; (5) Fionet Cloud does AI-based real-time analytics, quality control, and system management.
TORONTO, May 06, 2021 (GLOBE NEWSWIRE) -- Relay Medical Corp. (“Relay” or the “Company”) (CSE: RELA, OTC: RYMDF, Frankfurt: EIY2) and Fio Corporation (“Fio”), through their joint venture company Fionet Rapid Response Group (“FRR”), report on successful, unprecedented on-site testing at Toronto Pearson International Airport (“Toronto Pearson”).
The Greater Toronto Airports Authority (GTAA), operator of Toronto Pearson, and FRR worked closely to create a first-of-its-kind biosecurity testing capability at the airport, which has produced outstanding results in its first full month of operation.
FRR’s Platform Tested 8,000 People, with an average 30-Minute turnaround
The Fionet Platform (“Fionet”) performed antigen testing for 8,000 people, including airport employees and internationally departing passengers. Airlines flown included: AeroMéxico, Air Canada, Air France, Air India, American, Avianca, British Airways, Caribbean Airlines, Copa Airlines, Cathay Pacific, Delta, El Al, EVA Air, Egyptair, Emirates, Ethiopian Airlines, Etihad, KLM, Korean Air, LOT Polish Airlines, Lufthansa, Philippine Airlines, TAP Air Portugal, Turkish Airlines, United, and WestJet.
Fionet’s innovations include replicable assembly lines that can be parallelized. Five Fionet devices, each doing 60 tests/hour, can clear 300 passengers/hour - e.g., a Boeing 737 or an Airbus A310.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/50f6be7c-6534-4745-b2f3-2e9e3dc77de8
GTAA deployed Fionet Platform for all parts of its biosecurity testing process
GTAA selected Fionet not only for testing, but also for integrating the complex processes of testing, reporting, and passenger logistics.
All modules of Fionet Platform are deployed at Toronto Pearson: (1) Fionet Manager does browser-based registration, scheduling, reporting; (2) Fionet Deki Devices do rapid diagnostic tests (RDT); (3) Fionet Broker connects diagnostic devices, databases, lab information systems; (4) Fionet Portal does reporting; (5) Fionet Cloud does AI-based real-time analytics, quality control, and system management.
A graphic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/94752779-4322-46e5-8078-657d434bd7a2
In recognition of contributions by FRR’s CTO, he was profiled as last month’s “Person of Pearson”:
https://www.torontopearson.com/en/whats-happening/stories/people-of-pearson/2021-04-07-ian.
“With 9/11, airports stepped up to ensure safety and enable a knocked-down economy get upright again. With COVID, Toronto Pearson stepped up again to the same thing. We are inspired by their vision, commitment, and execution to set a new standard in biosecurity,” said Ian Fine, FRR’s CTO.
“After successfully installing on-site rapid antigen testing at Toronto Pearson, we are now launching an additional PCR testing capability in our on-site Biosecurity Lab. These advancements are driven by Toronto Pearson’s award-winning Healthy Airport commitment, which includes the promise to use any innovative technology if it can protect our community. FRR and the Fionet Platform have been instrumental in that protection, advancing biosecurity defences at the airport, which benefit passengers, airlines, airport workers and the residential areas that neighbour Pearson,” said Dwayne Macintosh, Director, Corporate Safety and Security.
“Decentralized mass testing in community settings - where people travel, work, study, play, and live - requires testing platforms with an optimal balance of speed and accuracy. Whereas many other types of devices do one test per hour, Fionet does one test per minute. To do one million tests in a month, that is a comparison between one million machine hours and 17,000 machine hours, which is a comparison between never going to happen and entirely doable. On top of which, Fionet’s AI-algorithms provide continuously running, proven accuracy checks,” said Dr Michael Greenberg, CEO of FRR and CEO of Fio Corporation.
“FRR is an extraordinarily productive joint venture between Relay Medical and Fio Corporation. In a short time and while still coming into our stride, FRR has made leap after leap in material business accomplishments. Every accomplishment multiplies new opportunities. We are excited to realize the full benefit of the value that our work is creating,” said Yoav Raiter, CEO of Relay Medical.
About GTAA
The Greater Toronto Airports Authority (GTAA) is the operator of Toronto Pearson International Airport. Toronto Pearson served more than 50 million passengers in 2019, making it Canada’s busiest airport.
Website: www.torontopearson.com
About Fionet
The Fionet Platform is an end-to-end, rapid testing and tracking solution for community-based or decentralized settings. Combining a fast, handheld point-of-need device connected in real time to cloud data services, the Fionet Platform handles scheduling and registration via phone app at home, on-site check-in, rapid, on-the-spot antigen testing, data integration with other testing devices, result notification, public health notification as appropriate, and anonymized data and stats for dashboards for authorized stakeholders.
Website: www.fionetrapidresponse.com
About Relay Medical Corp.
Relay Medical is a technology innovation company headquartered in Toronto, Ontario, with a team of Canadian experts focused on the development of novel technologies in the diagnostics, AI data science sectors, and IoT cybersecurity sectors.
Website: www.relaymedical.com
About Fio Corporation
Fio Corporation, privately held and headquartered in Toronto, developed and markets the world’s first integrated guidance & tracking IT platform for decentralized healthcare settings, a new category of solution that raises healthcare quality and lowers healthcare costs. The platform enables average healthcare workers in clinics to deliver a new level of quality-controlled diagnostic testing and case management.
Website: www.fionetrapidresponse.com
For Media Inquiries, please contact: Destine Lee media@relaymedical.com | 647-872-9982
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Contact:
W. Clark Kent
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Relay Medical Corp.
Office. 647-872-9982 ext. 2
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investor.relations@relaymedical.com
Bernhard Langer
EU Investor Relations
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Email: blanger@relaymedical.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. There are no assurances that the commercialization plans for the technology described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, for which filings are available at www.sedar.com.
