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Covalon Technologies Ltd. (the “Company” or “Covalon”) (TSXV: COV; OTCQX: CVALF), an avant-garde medical technologies company, today appear that it has accustomed $3.5 actor USD beneath a new authorization acceding (“Agreement”) with a ample all-around medical aggregation (“Medical Partner”). The Acceding provides the Medical Partner with assertive rights to use Covalon’s patented antimicrobial medical blanket technology with some of its devices. The Acceding was entered into in the accustomed advance of business of Covalon and is accountable to acquaintance provisions.

In accession to the $3.5 actor USD which has today been accustomed by Covalon, the Medical Partner has additionally agreed in the Acceding to pay to Covalon:

“This new authorization acceding is yet addition anniversary for Covalon,” said Brian Pedlar, Covalon’s Chief Executive Officer. “It is a validation of Covalon’s patented medical blanket platform, which helps anticipate infections and saves lives in aing ytic settings.”

About Covalon

Covalon Technologies Ltd. researches, develops and commercializes new healthcare technologies that advice save lives about the world. Covalon’s patented technologies, articles and casework abode the avant-garde healthcare needs of medical accessory companies, healthcare providers and alone consumers. Covalon’s

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