Investment To Push Populus Global Further Into International Healthcare Market

FREDERICTON, (NB)—Fredericton based e-health software company Populus Global Solutions has received a $200,000 venture capital investment from the New Brunswick Innovation Foundation. Together with funding from other local investors, the new equity capital will allow the company to expand its ACSiS electronic health record solution into new markets.

“When we realized that ACSiS was the first solution of its kind to be deployed on a national scale, we saw a great opportunity to invest,” says NBIF President and CEO Calvin Milbury, “after successfully implementing its system in the countries of Belize and St. Lucia, the company is gathering notoriety for improving health in developing countries.”

ACSiS is a health information system that performs a wide range of data management and analysis functions in the areas of electronic health records, maternal child health, HIV monitoring and evaluation, and pharmaceutical supply management. Beyond its primary use, a feature that makes Populus Global’s solution attractive is how it continues to work when connectivity its central database fails due to storms or unreliable communications infrastructure.

“ACSiS is recognized as a best practice solution by the World Health Organization’s Health Metrics Network,” says Tristan Rutter, CEO of Populus Global, “this investment by the NBIF is vital for accelerating our ability to capitalize on major opportunities now materializing around the globe.

Populus Global is now in the process of implementing the ACSiS system in St. Vincent and the Grenadines.

ABOUT NBIF:

The New Brunswick Innovation Foundation is an independent corporation that makes investments in new growth oriented companies and applied research. Its mandate is to provide the capital and professional support needed to build a bridge between R&D and enterprise.