Simavita Receives ITAC Award for “Growing an IT Company Overseas”

SYDNEY–(BUSINESS WIRE)–Simavita Limited (TSX-V:SV)(ASX:SVA), a global leader in the digital
healthcare sector, is delighted to announce that it received the
“Growing an IT company Overseas” award at this week’s annual Information
Technology in Aged Care (ITAC) conference. The ITAC conference is the
Australian aged care industry’s pre-eminent annual event for technology
solutions.

The award recognises Simavita’s program to drive penetration of its
Smart Incontinence Management (SIM™) system into the global digital
healthcare market.

Simavita CEO, Philippa Lewis commented, “Breaking into foreign regions
with a digital healthcare platform is rare, so we are very excited that
Simavita’s efforts are being recognised by our peers in the Australian
digital healthcare space. We are starting to see the evidence of early
stage traction from our work and this award acknowledges the momentum
building offshore around SIM™ as we push hard to drive our Australian
developed technology into other markets.”

For further information, see our website (www.simavita.com)
or contact the persons outlined below.

About Simavita

Simavita is a digital healthcare company that has developed an
innovative software platform. The first application for the platform is
a world first solution for the management of urinary incontinence, with
a focus on the elderly. This platform technology is an instrumented
incontinence assessment application that provides evidence-based
incontinence management care plans to the residential aged care market.

About SIM™

SIM™ is a wireless sensor technology that delivers evidence-based
instrument incontinence data on individuals. SIM™ provides user friendly
tools and software to assess the incontinence condition and to help plan
better outcomes. SIM™ is used to detect, record and report incontinence
events during a compulsory or recommended assessment period in
residential aged care facilities to develop an evidence-based
incontinence care plan.

Conducting assessments is mandatory in many countries and the
incontinence assessment creates an influential element of care of each
individual. For more information on Simavita or SIM™, please visit www.simavita.com.

Contacts

Company
Simavita Limited
Philippa Lewis, +61 2 8405 6381
Chief
Executive Officer
Thomas Howitt, + 61 418 351 127
Chief
Financial Officer
or
Media and Investor Relations
Jane
Lowe, +61 411 117 774
jane.lowe@irdepartment.com.au