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DarioHealth Announces New Contract with a National Employer

DRIO

Dario continues to grow footprint in the employer market

NEW YORK, June 21, 2022 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO), a leader in the global digital therapeutics (DTx) market, today announced a new contract to deliver its digital behavioral health solution for a leading provider of integrated technology solutions for financial professionals. The new account is expected to launch in the third quarter of 2022.

DarioHealth Logo

The new client selected Dario's behavioral health solution with enhanced Employee Assistance Programs (EAP) to improve access to a wide range of mental health services. Dario's solution offers employers a comprehensive digital platform that provides a seamless digital pathway from access to care. Using an artificial intelligence (AI)-driven screening, Dario triages individuals to care, including integrated digital tools and coaching and EAP services.

"Demand for digital behavioral health solutions remains high, and we believe that Dario provides the integrated, seamless experience employers want in a cost-effective solution. Dario's approach to digital behavioral health is proven to help people feel better fast, and we are excited to launch with this new employer next month," said Rick Anderson, President and General Manager, North America, of DarioHealth.

About DarioHealth Corp.

DarioHealth Corp. (NASDAQ:DRIO) is a leading digital therapeutics (DTx) company revolutionizing how people with chronic conditions manage their health through a user-centric multi-chronic condition platform. Our platform and suite of solutions deliver personalized and dynamic interventions driven by data analytics and one-on-one coaching for diabetes, hypertension, weight management, musculoskeletal pain, and behavioral health.

Our user-centric platform offers people continuous and customized care for health, disrupting the traditional episodic approach to healthcare. This approach empowers people to holistically adapt their lifestyles for sustainable behavior change, driving exceptional user satisfaction, retention, and results. Making the right thing to do the easy thing to do.

Dario provides its highly user rated solutions globally to health plans and other payors, self-insured employers, providers of care and directly to consumers. To learn more about DarioHealth and its digital health solutions, or for more information, visit http://dariohealth.com.

Cautionary Note Regarding Forward-Looking Statements

This news release and the statements of representatives and partners of DarioHealth Corp. related thereto contain or may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not statements of historical fact may be deemed to be forward-looking statements. For example, the company is using forward-looking statements in this press release when it discusses the expected timing of the account launch, the potential benefits that may be realized by users utilizing the Dario platform, the belief that it provides the integrated, seamless experience employers want in a cost-effective solution and that its approach to digital behavioral health is proven to help people feel better fast. Without limiting the generality of the foregoing, words such as "plan," "project," "potential," "seek," "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate" or "continue" are intended to identify forward-looking statements. Readers are cautioned that certain important factors may affect the Company's actual results and could cause such results to differ materially from any forward-looking statements that may be made in this news release. Factors that may affect the Company's results include, but are not limited to, regulatory approvals, product demand, market acceptance, impact of competitive products and prices, product development, commercialization or technological difficulties, the success or failure of negotiations and trade, legal, social and economic risks, and the risks associated with the adequacy of existing cash resources. Additional factors that could cause or contribute to differences between the Company's actual results and forward-looking statements include, but are not limited to, those risks discussed in the Company's filings with the U.S. Securities and Exchange Commission. Readers are cautioned that actual results (including, without limitation, the timing for and results of the Company's commercial and regulatory plans for Dario™ as described herein) may differ significantly from those set forth in the forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Logo - http://mma.prnewswire.com/media/544126/DarioHealth_Logo.jpg

DarioHealth Corporate Contact
Suzanne Bedell
VP Marketing
suzanne@dariohealth.com
+1-347-767-4220

Media Contact:
Scott Stachowiak
scott.stachowiak@russopartnersllc.com
+1-646-942-5630

Cision View original content:https://www.prnewswire.com/news-releases/dariohealth-announces-new-contract-with-a-national-employer-301571980.html

SOURCE DarioHealth Corp.