SOBRsafe (NASDAQ: SOBR) Re-Inventing Continuum of Care in Behavioral Health Sector

September 19, 2024 09:07:25

SOBRsafe (NASDAQ: SOBR), the provider of next-generation transdermal alcohol detection solutions, secured 17 customer accounts in the second quarter of 2024, growing its base to 33 new accounts compared to three booked last year. SOBRsafe’s growing list of customers relies on the company’s transdermal technology, which detects and instantaneously reports the presence of alcohol as emitted through a person’s skin. “The new customers have driven SOBRsafe’s revenue up 44% compared to Q2 2023 figures, to $54,191… The recent agreements exemplify the company’s focus on the growing behavioral health market and the progress made since entering this market late last year,” a recent article reads. “We first entered our core market of behavioral health in Q4 2023, where our technology is re-inventing the continuum of care by reducing redundancy, eliminating paper trails, creating digital records, improving billing processes, and most importantly, creating more time and focus for clinical practice,” Dave Gandini, SOBRsafe CEO and chairman, is quoted as saying.

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About SOBRsafe(TM)

Alcohol misuse is the fourth leading cause of preventable death in America, and the seventh worldwide. Yet prevention and monitoring solutions have not kept pace with this epidemic. Legacy technologies are invasive and inefficient, unhygienic and unconnected. There has to be a better way. Enter SOBRsafe(TM), where advanced transdermal (touch-based) technology detects and instantaneously reports the presence of alcohol as emitted through a user’s skin – no breath, blood or urine sample is required. With a powerful backend data platform, SOBRsafe provides next-generation, passive detection technology for the behavioral health, judicial and consumer markets, and for licensing and integration. The SOBRsafe technology is commercially available for point-of-care screening (“SOBRcheck”) and continuous monitoring (“SOBRsure”). SOBRsafe is creating a culture of prevention and support. To learn more, visit www.SOBRsafe.com.

NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://ibn.fm/SOBR

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