PriceSensitive

ScreenPro (CSE:SCRN) announces first feature film COVID-19 testing contract in Montreal

Health Care, Market News
CSE:SCRN
09 August 2021 08:45 (EDT)

ScreenPro Security (SCRN) has commenced its first COVID-19 testing contract in Montreal with approximately 20,000 tests on a Hollywood feature film.

To date, ScreenPro has been servicing TV and film production companies in Toronto and Vancouver. Adding the new Montreal location positions the company for additional growth and revenue.

The company will be testing using the 1copy™ COVID-19 qPCR Multi Kit, (1drop), that can identify the new variants of COVID-19, including the Delta variant, and providing other services to the production’s personnel including office staff, on-set crew, carpenters, painters, film executives and actors.

Andrew Ryu, Chief Executive Officer of ScreenPro, commented on the contract.

“This is a significant milestone for the company. This new contract for approximately 20,000 tests over 3 months, will boost ScreenPro’s revenue and its margins. With Delta variants spreading rapidly around the world, we believe that our testing business will continue growing. Communities will need to be vigilant and test regularly to minimize the danger of coming down with COVID-19.” 

ScreenPro also announces that Mr. Alexander MacKay, a former capital markets executive has joined the board effective immediately. Mr. MacKay is a Toronto area capital markets veteran, having worked on Bay St. in numerous positions. Alex has 15+ years in governance, advisory, capital markets, and professional and executive experience with private and public companies. Alex holds a B.A. Economics from York University, Toronto, Ontario.

Mr. Richard Yoon has stepped down from the board. ScreenPro thanks Richard for his contributions and guidance and wishes him the best in his future endeavours.

Andrew Ryu, CEO of ScreenPro Security commented,

“I am very pleased to welcome Alex to the board. He provides the company with governance experience and perspective, providing great value to ScreenPro as the Company grows and I look forward to working with him.”

ScreenPro Security provides turnkey coronavirus screening solutions to the private sector.

ScreenPro (SCRN) opened trading at C$0.035 per share.

Related News