Pethealth Incorporated ( “Pethealth ” or the “Company ”) is North America ’s second largest provider of medical insurance for dogs and cats to pet owners operating in Canada, the United States and the United Kingdom. It sells its policies under several different brand names using a model which includes co-branding, white labelling and private labelling programs with distribution partners. In addition, the Company is a leading provider of pet recovery database services in North America, a market it entered in February 2003 under the brand 24PetWatch™. Furthermore, the Company, through its web-based product, PetPoint™, has become the leading provider of management software to animal welfare organisations in North America, a market it entered in 2005. Company Business Model The Company ’s business model combines the financial benefits of a stable and growing recurring revenue base from the sale and retention of pet health insurance policies with the potentially more significant “blue sky ” opportunities generated from the platforms created by the Company ’s industry-leading web-based ASP .NET applications. Together, these two complementary aspects of the model well position the company to take advantage of the confluence of the changing demographics in pet ownership and the ever increasing reliance of pet owners on the Internet to purchase services and to obtain information. Company Strategy1 The Company ’s strategy is to establish itself as: (a) the number one provider of financial related health services to owners of companion animals throughout North America and a leading provider in the United Kingdom; (b) the leading seller of online media advertising to retailers and national brands targeting companion animal owners in North America; and (c) the leading provider of continuing education tied to epidemiological information to animal clinics, animal welfare organisations, and the pet owning public in North America. The Company currently operates six operating subsidiaries which are broken down into these three categories: Insurance/Reinsurance/Managed Care The Company ’s financial services business is currently being underpinned by its long standing provision of pet health insurance in North America and its more recent expansion into the United Kingdom through its acquisition of Pet Protect. The Company began sharing in a portion of the U.S. pet insurance risk in 2006 and began to absorb a portion of its U.K. pet insurance risk in August 2008. Owing to the recent decision by major retailers in the United States to begin offering pet pharmacy services to their respective pet owning clientele, the Company believes that there will be opportunities, through the adjudication of pet pharmacy claims leveraging the Company ’s Managed Care/PPO/Cash Discount Card programs and EVE application (described on page 9), to further diversify its companion animal related revenue streams. Advertising/Media The general landscape for online advertising in the pet category is shifting.
Pethealth Inc. is Oakville-based company (Ontario, Canada) with a phone number 9058422712. Our data show that the company is located at the address: 730 Dorval Dr. The company has a web site: www.pethealthinc.com.
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