TORONTO and VANCOUVER, British Columbia, Aug. 26, 2020 (GLOBE NEWSWIRE) -- QuestCap Inc. (“QuestCap”) (CSE:QSC; FRA:34C1), its wholly-owned subsidiary, Collection Sites LLC, and RESAAS Services Inc. (“RESAAS”) (TSX-V: RSS, OTCQB: RSASF) are pleased to confirm the companies have entered into an agreement to sell U.S. Food and Drug Administration (FDA) Emergency Use Authorization (EUA) COVID-19 Rapid Tests to real estate sales professionals across the United States through RESAAS’ global real estate platform.
QuestCap and Collection Sites will work with RESAAS exclusively to sell the QuestCap’s COVID-19 IgG/IgM Antibody test kits (The Test) within North America to the real estate sector. The agreement was executed on August 24, 2020 with a one-year term. The companies will share in the revenue generated from all sales.