Toronto, Ontario--(Newsfile Corp. - September 3, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced the appointment of Dr. George Krucik to its Board of Directors (the "Board").

Dr. Krucik is a physician, inventor, entrepreneur, senior executive and early adopter of AI that has spent almost 40 years in Silicon Valley, where his unique combination of expertise in the medical field, computer science and AI has seen him bring to market several innovative online and cloud-based medical products, and has led to an impressive patent portfolio. Dr. Krucik is currently the founder and CTO of iTreatMD (https://www.itreatmd.com/), an Office of the National Coordinator for Health Information Technology (ONC) certified Electronic Medical Record (EMR) platform that leverages AI and machine learning to simplify medical professionals' documentation processes. iTreatMD aggregates data for each patient and knowledge on how to best treat their conditions, and auto populates this information on the medical professionals' notes as part of their workflows, thus radically redefining workflows and documentation processes in the space. Prior to founding iTreatMD, Dr. Krucik spent several years in management and executive positions at both private and public companies, including Editor-in-Chief at Healthline.com, Product Manager at Salesforce.com, and CEO of Autodesk Australia.

"I am a strong believer that AI can be applied in various industries to dramatically and positively impact the way the industries operate, which is our objective for EMRs with iTreatMD in the medical space," commented Dr. Krucik. "Being familiar with the process and timing of filing financial results at public companies, I find Tenet's idea of using AI to potentially infer public company financial results before they are made public very intriguing. I very much look forward to working with Tenet's Chief Analytics Officer, Dr. Luis Rocha, Tenet's data science team and capital markets consultants to contribute in any way I can to help bring Tenet's Equity Insider product offering to market. I also look forward to working with the other members of Tenet's executive team and Board of Directors on the Company's strategic vision as it puts increasingly more emphasis on AI, data analysis and U.S. expansion," concluded Dr. Krucik.

Dr. Krucik has a Bachelor of Science degree in Computer Science and Mathematics from the University of Manitoba, a Medical Doctor degree from the University of Manitoba and Master of Business Administration from the University of San Francisco. Dr. Krucik will be replacing Mr. Sanjay Sharma on the Board as Mr. Sharma tendered his resignation from the Board to reduce his professional workload and to spend more time with his family.

About Tenet Fintech Group Inc.:

Tenet Fintech Group Inc. is the parent company of a group of innovative financial technology (Fintech) and artificial intelligence (AI) companies. All references to Tenet in this news release, unless explicitly specified, include Tenet and all its subsidiaries. Tenet's subsidiaries offer various analytics and AI-based products and services to businesses, capital markets professionals, government agencies and financial institutions either through or leveraging data gathered by the Cubeler® Business Hub, a global ecosystem where analytics and AI are used to create opportunities and facilitate B2B transactions among its members. Please visit our website at: https://www.tenetfintech.com/.

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Forward-looking information

Certain statements in this press release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause actual results, performance or achievements of Tenet to be materially different from the outlook or any future results, performance or achievements implied by such statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements. Important risk factors that could affect the forward-looking statements in this news release include, but are not limited to, holding company with significant operations in China; general economic and business conditions, including factors impacting the Company's business in China such as pandemics and COVID-19; legislative and/or regulatory developments; Global Financial conditions, repatriation of profits or transfer of funds from China to Canada, operations in foreign jurisdictions and possible exposure to corruption, bribery or civil unrest; actions by regulators; uncertainties of investigations, proceedings or other types of claims and litigation; timing and completion of capital programs; liquidity and capital resources, negative operating cash flow and additional funding, dilution from further financing; financial performance and timing of capital; and other risks detailed from time to time in reports filed by Tenet with securities regulators in Canada. Reference should also be made to Management's Discussion and Analysis (MD&A) in Tenet's annual and interim reports, Annual Information Form, filed with Canadian securities regulators and available via the System for Electronic Document Analysis and Retrieval (SEDAR+) under Tenet's profile at www.sedarplus.ca, for a description of major risk factors relating to Tenet. Although Tenet has attempted to identify certain factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements reflect information as of the date on which they are made. The Company assumes no obligation to update or revise forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities laws. In the event the Company does update any forward-looking statement, no inference should be made that the Company will make additional updates with respect to that statement, related matters, or any other forward-looking statement.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.