Perimeter Medical Imaging AI Enters Systemwide Agreement with Intermountain Health

Executive Summary

• Perimeter Medical Imaging AI entered a system‑wide agreement with Intermountain Health to deploy its S‑Series OCT intra‑operative imaging technology at multiple hospitals in Utah.
• The deal allows any of Intermountain Health’s 34 hospitals and ~400 clinics across six states to acquire the technology, expanding Perimeter’s U.S. footprint.
• The agreement builds on a prior Development Support Agreement that established a framework for data collection and AI algorithm refinement.

Key Details

• Parties: Perimeter Medical Imaging AI, Inc. (TSXV: PINK / OTCQX: PYNKF) and Intermountain Health, the largest nonprofit health system in the Intermountain West.
• Scope: Deployment of Perimeter’s S‑Series OCT system at Intermountain Health LDS Hospital (Salt Lake City) and Intermountain Health American Fork Hospital; future acquisition rights for all Intermountain facilities.
• Technology: S‑Series OCT provides real‑time, ultra‑high‑resolution cross‑sectional imaging of excised tissue to aid surgical margin assessment.
• Previous Relationship: Builds on an earlier Development Support Agreement that set a framework for evaluating the technology and gathering data to improve Perimeter’s AI algorithms.
• Geographic Reach: Intermountain Health operates 34 hospitals and ~400 clinics in Utah, Idaho, Nevada, Colorado, Montana, and Wyoming, giving Perimeter access to a large, diverse patient base across urban and rural communities.
• Strategic Impact: Extends Perimeter’s commercial presence into new states where the technology had not yet been deployed; supports growth of its FDA‑cleared S‑Series platform and future AI‑enhanced B‑Series devices.

Notable Quotes

• “Perimeter's OCT technology is a valuable tool in my practice because it helps me visualize margins in real‑time… I’m thrilled that Intermountain Health and Perimeter have partnered to bring this technology to these hospitals.” – Dr. Jennifer Tittensor, Breast Surgeon, American Fork Hospital
• “This collaboration opens the door for Perimeter to extend our technology into states where it has not yet been deployed, while supporting surgeons with advanced imaging tools that aim to enhance surgical decision‑making and improve outcomes for the patients they serve.” – Adrian Mendes, CEO, Perimeter Medical Imaging AI

Materiality Assessment: Material – Positive (the agreement represents a significant commercial expansion and potential revenue growth).