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- HITIQ (HIQ) renews its concussion assessment technology (CSX) agreement with the Australian Football League for another two years
- The renewed agreement includes an ancillary agreement expanding the scope to include players from the Victorian Football League (VFL)
- Including the VFL competition in the renewed agreement will allow for greater continuity of player head injury management across both the professional and semi-professional competitions, the company says
- Shares in HITIQ have ended the day trading steady at 7.2 cents
Concussion management technology company HITIQ (HIQ) has renewed its concussion assessment technology (CSX) agreement with the Australian Football League (AFL) for another two years.
The included CSX services component delivers the ability for the AFL to record and manage all player concussions across the league.
The renewed agreement includes an ancillary agreement expanding the scope to include players from the Victorian Football League (VFL), taking the total coverage to 2000 players comprising of 18 AFL teams, 14 AFL Women’s teams and 21 VFL teams.
The company said including the VFL competition in the renewed agreement allows for greater continuity of player head injury management across both the professional and semi-professional competitions.
Further, the rollout will mean a more seamless transition for the care and guidance of players when they move between two levels of competition.
“We are pleased to see our technology platform achieve a greater footprint into other levels of competition to deliver access to the AFL’s strong concussion management protocols,” HITIQ CEO Mike Vegar said.
“In both renewing and expanding the scope of the agreement, we see this as an endorsement of the value our technology delivers in redefining the concussion management process.
“We look forward to continuing to develop and expand upon the strong relationship we have built with the AFL and their affiliates and pursuing other semi-professional leagues, as well as school and community sports.”
The company said the agreements further validate the decision by HITIQ to acquire the technology to complement its core concussion management platform to provide greater end-to-end platform value to existing and new clients.
Shares in HITIQ ended the day trading steady at 7.2 cents.
