QuikFlo Health Receives Buy Recommendation from SeeThruEquity with $1.25 Price Target - Video News Alert on Investmentpitch.com

Vancouver, British Columbia--(Newsfile Corp. - February 2, 2016) - Today's buy recommendation comes from New York based SeeThruEquity, which has initiated coverage on QuikFlo Health (TSXV: QF) (FSE: 1QF). Analyst Jordan Ring gives the company a 12-month target price of $1.25, a premium of 333% to the $0.29 price on January 29th, the day the report was issued.

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Calgary-based QuikFlo is developing artificial intelligence software to read CT scans to help doctors make better treatment decisions. Strokes vary in severity, but in many cases lead to profound disability or even death.

The company's flagship diagnostic tool, F.A.S.T. (Fast Accurate Stroke Triage), uses an algorithm modeled from the analysis of many thousands of CT scans to calculate the volume of brain affected by an active stroke, and the volume that is likely to die without treatment. With this knowledge, first responders better understand each patient's stroke subtype and are therefore able to initiate the appropriate treatment more independently.

QuikFlo plans to complete a working prototype of FAST during 2016E, with a goal of providing cutting-edge stroke CT image analysis in a commercial software by the end of 2017E.

Stroke is the leading cause of morbidity in the developed world, with the market for stroke management products expected to grow at a compound annual growth rate of 5.1%, as the prevalence of stroke doubles over the next 30 years.

Analyst Jordan Ring stated: "We expect revenues to grow from $9.0 million in 2017E to reach $21.2 million in 2018E, with steady growth thereafter."

For more information about QuikFlo, please visit the company's website www.QuikFloHealth.com, or contact Vinny Jindal, President & CEO at 646-526-9628 or email vinny@quikflohealth.com. For investor relations call 647-980-7541.

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For more information about SeeThruEquity or to obtain a copy of their research report, please visit the company's website www.seethruequity.com or contact Amit Tandon, Director of Research, at 646-495-0939 or email amit@seethruequity.com.

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