News | October 4, 2018

CHIF Healthcare Division Launches Artificial Intelligence Software Program

Reno, NV (GLOBE NEWSWIRE) - via OTC PR WIRE -- China Food and Beverage Company (OTC: CHIF), announced today that its healthcare division in cooperation with Shanghai based, American Medical Care and Insurance (AMC Shanghai) has launched an Artificial Intelligence (AI) software program based on a Traditional Chinese Medicine Clinical Decision Support System (TCM CDSS). The system is an AI assisted diagnosis and treatment cloud platform. In addition, the system integrates various functions such as centralized medical research, analysis and statistics, quantitative calculation, chart analysis, intelligent auxiliary diagnosis, medical record interpretation, and prescription matching.

The TCM CDSS Cloud Platform is part of the Company’s continued commitment to transform healthcare in China and around the globe. Among the goals of the platform are to keep patients out of hospitals, early detection of life threatening diseases and major clinical research studies of diseases such as diabetes and cardio vascular disease, both of which have reached the epidemic stage in the world’s largest country. In July 2017, China implemented its AI Healthcare Strategy, an integral part of its overall Artificial Intelligence Strategic Plan.

TCM CDSS will incorporate The World Health Organization's International Classification of Diseases (ICD) 11th Edition (ICD-11), which included for the first time, detailed disease classification information on the use of Chinese medicine. ICD-11 will be finalized in 2018 and implemented by more than 100 WHO member countries in 2022. The WHO has taken a huge step in by including Chinese medicine and medical techniques of mainstream medicine and helping it become recognized and covered by insurance companies worldwide.

James Tilton, president of CHIF stated, “Our revolutionary TCM CDSS system will play a leading role in bringing Chinese medicine to hospitals across the globe.

CHIF’s vision is the establishment of a fully integrated technology and software company that provides turnkey technological and software solutions to the medical industry.

For further information, please contact CHIF at +44 20 7355 3525

The CHIF corporate email address is jamestilton@chinafoodandbeveragecompany.com

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of China Food and Beverage Company to accomplish its stated plan of business. China Food and Beverage Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by China Food and Beverage Company or any other person.

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SOURCE: China Food and Beverage Company