Los Angeles, CA, May 02, 2023 (GLOBE NEWSWIRE) -- Endonovo Therapeutics, Inc. (OTCQB: ENDV) a US-based biotechnology developer, today announced the launch of SofPulse® with Academy Medical, Inc., a Service-Disabled Veteran-Owned Small Business (SDVOSB) Government Reseller.

As was previously announced, Academy Medical will be reselling SofPulse® medical devices to the Veterans Health Administration (VHA) healthcare facilities, thereby ensuring its availability to the country’s military, veterans and their families. This sales launch meeting marks the beginning of the partnership between Endonovo and Academy Medical.

The partnership is expected to benefit military personnel, veterans and their families who are among the largest user groups of these healthcare delivery systems.

SofPulse® Included in VHA Procurement System

With the launch of SofPulse® into the Federal marketplace Endonovo, along with Academy Medical, have the potential to significantly improve access to SofPulse® to military personnel and veterans. The addition of SofPulse® into the VHA procurement system offers Endonovo the ability to sell into the largest healthcare Integrated Delivery Network (IDN) in the country. The procurement system is designed to streamline logistics and supply management for medical and surgical items providing veterans and military healthcare facilities with easier access to the products they need.

In making the announcement, Ira Weisberg, President of Endonovo’s Medical Division said: "The launch of SofPulse® in partnership with Academy Medical is an important element in our Go-to-Market Strategy providing an important opportunity to greatly expand its distribution throughout veterans and military healthcare facilities. Together we plan to bring better medical solutions to our veterans and their families and provide improved access SofPulse®. We expect to sell $10 million in the next twelve into the federal supply system.”

Academy Medical is a reliable provider of medical and surgical items to the Federal marketplace with over 45,000 products from more than 30 supplier partners.

“The partnership between Academy Medical and Endonovo provides veterans an opportunity to benefit from the device’s unique PEMF technology,” according to CEO, Tory Crawford, Army veteran.

Improved Healthcare for Military Personnel and Veterans

The sales launch with Academy Medical reaffirms that both companies have joined forces to improve healthcare solutions for military personnel and veterans. The partnership aims to provide better access to medical and surgical supplies, along with telehealth solutions, with the goal of making a tangible impact on the lives of those who have served their country. The VHA, which serves 9 million enrolled veterans annually through its 1,298 healthcare facilities, including 171 medical centers and 1,113 outpatient sites, will benefit from the inclusion of SofPulse® medical devices in the VHA procurement system.

The proven postoperative pain and edema reduction solution will be readily available to military personnel and veterans. Together Endonovo and Academy Medical anticipates significant advancements in healthcare for those who have bravely served their country.

SofPulse® Postoperative Pain and Edema Relief

Endonovo's SofPulse® PEMF devices provide a clinically proven and FDA-cleared alternative to opioid pain management, specifically for reducing postoperative pain and edema. With the launch of sales initiatives surrounding the partnership, Academy Medical aims to expand the distribution of SofPulse® devices, benefiting military personnel and veterans with improved recovery times and reduced opioid use. Endonovo's commercialization of the SofPulse® line is led by Weisberg, a seasoned expert in revenue growth for medical device companies, positioning the company for success.

Growth Opportunities

Endonovo's mission to revolutionize medical solutions for patients with a range of conditions includes advancing its patented technology for Central Nervous System (CNS) and Traumatic Brain Injury (TBI). The commencement of the VA partnership with Academy Medical is expected to create significant R&D and growth prospects for SofPulse®. In addition, recent FDA clearance inquiries could lead to further partnerships. With SofPulse® technology, the Company is well-positioned to develop new therapies and treatments for CNS-related diseases and conditions.

About Endonovo Therapeutics, Inc.

Endonovo Therapeutics is currently structured into two divisions: Legacy – a commercial-stage developer primarily of noninvasive wearable Electroceuticals® therapeutic devices for pain relief, general wellness and wound curatives with many of its products marketed under the SofPulse® brand name; and its Build Up Strategy – acquiring complementary specialty service providers in the construction industry.

About Academy Medical, Inc.

Academy Medical is a premier Service-Disabled Veteran-Owned Small Business and distributor of medical-surgical equipment and supplies to the U.S. Federal Government. As a government procurement partner with industry expertise and access to advanced technology, Academy Medical’s mission is to leverage its preferred status as an SDVOSB to create a streamlined, more cost-effective process for its government customers and supplier partners.

Academy Medical is headquartered in West Palm Beach, Florida. Learn more about partnering with the company in its service-driven business at www.academymedical.net.

Safe Harbor Statement

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate", "believe", "plan", "estimate", "expect", "intend" and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Investor Relations Contact:Endonovo Therapeutics, Inc.Steve Barnes(800) 701-1223 Ext. 108sbarnes@endonovo.com www.endonovo.com

Media Contact: Gregory A. McAndrewsGreg McAndrews & Associates(310) 804-7037

‍greg@gregmcandrews.com

Los Angeles, CA, April 25, 2023 (GLOBE NEWSWIRE) -- Endonovo Therapeutics, Inc. (OTCQB: ENDV), a leading developer of medical technologies, today announced it is moving forward in its clinical development in the field of Traumatic Brain Injury (TBI) treatment.

The Company is actively seeking to collaborate with several renowned clinical researchers and top global cognitive institutes for studies evaluating the effectiveness of SofPulse® in treating TBI patients. The studies will assess the efficacy of SofPulse® to reduce symptoms of TBI resulting from acute head injuries such as concussions and Post-Concussion Syndrome (PCS), including headaches, dizziness and cognitive impairment.

Reaction from TBI Researchers

Endonovo has received an overwhelmingly positive response from clinical researchers regarding the potential effectiveness of its SofPulse® Pulsed Electro Magnetic Field (PEMF) technology in treating TBI. SofPulse® has garnered significant interest from neuroscientists, orthopedic neurologists and cognitive researchers at some of the most prestigious institutions in the world, including Harvard University, Boston’s Spaulding Rehabilitation Hospital and Stanford University.

"CNS (Central Nervous Symptom), TBI and PCS are some of the most challenging healthcare issues that we face today,” according to Ira Weisberg, Endonovo Medical Division President.

Additionally, Weisberg stated: “With our SofPulse® PEMF technology, we have the potential to revolutionize the way we approach and treat these problems. We are committed to collaborating with the best and brightest minds in TBI research to develop groundbreaking therapies that will prove the effectiveness of our technology in treating these conditions. We believe that the potential impact of our SofPulse® technology on the healthcare industry cannot be overstated, and we are excited to be at the forefront of this groundbreaking research."

Collaboration with top TBI researchers highlights Endonovo’s continued commitment in the TBI treatment landscape as it seeks to develop medical technologies to enhance patient outcomes for the treatment of TBI. Development of new studies evaluating TBI treatments should pave the way for the expansion of the Company's research platform for the further development of its patented PEMF technology. Further research and development in PEMF therapy could lead to its full potential in resolving TBI, Alzheimer's, dementia and ischemic stroke related medical issues.

Growing Market for CNS and TBI Treatments

Research suggests that Endonovo’s PEMF therapy has the potential to treat Central Nervous System (CNS) disorders and reduce symptoms related to TBI, PCS, MS, dementia, Alzheimer’s disease and ischemic stroke.

The market for treatments targeting CNS disorders and brain related cognitive inflammatory conditions is rapidly expanding. According to Grand View Research: “The global market for CNS therapeutics was valued at $116.2 billion in 2020 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.4% from 2021 to 2028.” Based on CAGR of 7.4%, the total market size for CNS therapeutics is projected to reach $214.8 billion in 2028.

“The market for TBI alone is projected to grow from $3.1 billion in 2021 to $4.5 billion in 2026,” according to Global Market Estimates.

A 2022 article from the Alzheimer's Association states: “Studies have shown that older adults with a history of moderate TBI are 2.3 times more likely to develop Alzheimer's disease than those with no head injury history, while those with a history of severe TBI are 4.5 times more likely.”

The article concludes: “Other studies have also indicated a link between moderate to severe TBI and elevated dementia risk. Emerging evidence also suggests that repeated mild TBIs -- such as those that can occur in sports like American football, boxing, hockey and soccer -- may be linked to a greater risk of Chronic Traumatic Encephalopathy (CTE), a brain disease that worsens over time. However, researchers do not yet know which pattern of head trauma is most likely to cause CTE.”.

PEMF Treatments

In past studies, SofPulse® PEMF therapy has demonstrated effectiveness in treating TBI and PCS. The therapy has been found to promote cellular repair, improve blood flow and reduce inflammation in the brain, which is a hallmark of TBI that can lead to severe symptoms such as tissue breakdown, swelling and cell death.

PEMF therapy has shown it could also provide a valuable treatment option for athletes in contact-related sports such as football, hockey, boxing and soccer, who are at a higher risk of experiencing TBI. Refining PEMF treatments for acute and chronic head injuries in these sports could help athletes alleviate the symptoms of TBI and PCS.

FDA Clearance and Reimbursement for SofPulse®

Endonovo is dedicated to expanding the use of its SofPulse® technology in the medical field, potentially leading to FDA clearance and medical reimbursement for the treatment of TBI and other inflammatory related CNS conditions. The Company's patents for its PEMF technology cover the method and apparatus for electromagnetic treatment of CNS disorders. Through continued research and clinical studies, Endonovo aims to demonstrate the efficacy of SofPulse® technology. in reducing inflammation associated with CNS, TBI and PCS.

With positive outcomes from TBI studies, the Company's PEMF technology could become a reimbursable treatment option for TBI and PCS, providing an immense market opportunity for Endonovo.

About Endonovo Therapeutics, Inc.

Endonovo Therapeutics is currently structured into two divisions: Legacy – a commercial-stage developer primarily of noninvasive wearable Electroceuticals® therapeutic devices for pain relief, general wellness and wound curatives with many of its products marketed under the SofPulse® brand name; and its Build Up Strategy – acquiring complementary specialty service providers in the construction industry.

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate", "believe", "plan", "estimate", "expect", "intend" and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Investor Relations Contact:Endonovo Therapeutics, Inc.Steve Barnes(800) 701-1223 Ext. 108sbarnes@endonovo.com www.endonovo.com

Media Contact: Gregory A. McAndrewsGreg McAndrews & Associates(310) 804-7037

‍greg@gregmcandrews.com

Los Angeles, CA, Nov. 30, 2022 (GLOBE NEWSWIRE) -- Endonovo Therapeutics, Inc. (OTCQB: ENDV) today named Ira Weisberg as President and Chief Commercial Officer of its Medical Division.

“Ira will be responsible for expanding global sales and marketing operations, including: business development, acquisitions and fostering product innovation while overseeing advancement of SofPulse® and Roma® Pulsed Electro Magnetic Frequency (PEMF) medical devices distribution globally,” according to Chairman and CEO Alan Collier.

Weisberg has more than four decades of experience in healthcare and pharmaceutical management, business development, finance, sales and marketing. Weisberg’s past work experience includes positions as President and CEO of Amherst Pharmaceuticals, Senior VP and Corporate Development Officer at Neurotrope Bioscience. Other executive medical administrative experience include executive positions at ALPHAVAX, INC., LIFECYCLE PHARMA, CHUGAI PHARMA USA, HAEMACURE CORPORATION and AVENTIS BEHRING.

Throughout his career, Weisberg led negotiations and signed licensing deals for strategic acquisitions, distribution and development deals for multiple companies in the medical device and pharmaceutical industry. His expertise is in developing strategies to guide emerging medical companies to advance revenue and enhance company diversity, developmental pipelines and geographic reach particularly in fast-growing emerging medical device and pharmaceutical markets.

Key to Strategy

"Acquisitions and distribution licensing agreements are a key part of our strategy to complement and grow our SofPulse® and Roma® PEMF portfolio globally,” according to Collier.

As Senior business development director with AVENTIS BEHRING, a global leader in recombinant albumin, Weisberg negotiated out-licensing, supply, distribution and development agreements with major pharmaceutical companies in excess of $100 million and contributed to revenues for the company’s specialty product valued at $500 million while assisting the company to be valued in excess of $750 million.

Collier pointed out: “Simply having Ira’s leadership and his abilities as a lead negotiator and his past performance to close large distribution deals brings a level of gravitas to the company. He understands the unique value proposition our revolutionary medical technology offers medical providers to overcome the global opioid crisis while helping patients everywhere solve pain and inflammation conditions effectively and drug-free. Over the progression of his career, Weisberg has specialized in the marketing, operations and product development with established pharmaceutical and early-stage biotechnology companies (public and private). He has structured, participated in and completed numerous transactions including mergers and acquisitions, equity and joint ventures.”

Challenging the Medical Status Quo

Weisberg said in accepting the position: "I am thrilled to be joining the Endonovo team at such an exciting time. I look forward to applying my experience and industry knowledge to challenge the medical status quo of using narcotics, opioids, NSAID’s and other invasive and unhealthy pain and inflammation treatment solutions by leveraging industry wide distribution of a revolutionary non-invasive medical technology. I'm excited to help guide this effort moving forward."

As Vice President of Operations for HAEMACURE CORPORATION, a US market leader in plasma-derived surgical hemostats and adhesives, Wiesberg established and positioned the company globally through negotiations and signing of multinational licensing and joint venture agreements. He guided growth and generated revenue more than $30 million in an IPO, providing capital for growth and product development.

“Having the opportunity to lead negotiations and development for distribution and acquisitions of Endonovo’s PEMF line of medical products is something I could not pass up,” Weisberg said.

Endonovo’s current portfolio of assets include SofPulse® and Roma® PEMF medical devices and 27 patents. The Company’s current Electroceutical® therapeutic PEMF devices use pulsed short-wave radio frequency at 27.12 MHz. Both medical devices are noninvasive, drug-free and have been FDA-cleared for the palliative treatment of soft tissue injuries and post-operative pain and edema. Both medical products are CE (European Union) Marked for the promotion of wound healing and the palliative treatment of pain and post-surgical edema.

Aggressive Global Growth Strategy

“With an aggressive global growth strategy and a well-developed diversified sales and marketing directives, I believe that Endonovo’s distribution and sales revenues have the potential of reaching over $100 million in the next few years,” Weisberg concluded.

Collier emphasized: “Through Ira’s guidance, we expect widespread growth in our historic medical sector through our PEMF line of medical devices. His knowledge and ability to negotiate and sign large distribution and development deals fits perfectly into Endonovo’s plans. As such, together we will explore strategic alternatives for investment and expansion amongst larger, better-known participants in the medical device/technology markets. This should optimize significant expansion of distribution channels to maximize the shareholder value potential of its SofPulse® Pulsed Electro Magnetic Frequency (PEMF) proprietary assets.”

“We believe that both our legacy medical division and our newly established mergers and acquisitions divisions will grow simultaneously and become more competitive, marketable and financeable to current investors and debtholders, potential investors, partners and other investment opportunities. By evaluating Endonovo as a ‘pure play’ in each discrete sector, we believe that we will obtain a more favorable overall valuation to our shareholders,” Collier concluded.

About Endonovo Therapeutics, Inc.

Endonovo Therapeutics is now structured into two divisions: Legacy – a commercial-stage developer primarily of noninvasive wearable Electroceuticals® therapeutic devices for pain relief, general wellness and wound curatives with many of its products marketed under the SofPulse® brand name; and its Build Up Strategy – acquiring complementary specialty service providers in the construction industry.

Safe Harbor Statement‍

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Investor Relations Contact: Endonovo Therapeutics, Inc. Steve Barnes(800) 701-1223 Ext. 108sbarnes@endonovo.com www.endonovo.com

Media Contact: Gregory A. McAndrews Greg McAndrews & Associates(310) 804-7037

‍greg@gregmcandrews.com

Los Angeles, CA, July 21, 2022 (GLOBE NEWSWIRE) -- Endonovo Therapeutics Inc. (OTCQB:ENDV) today released a comparative analysis detailing how its SofPulse® medical device out-performed all pharmaceutical competitors non-opioid alternatives for surgical pain management.

Competitive post-operative pain management products compared and analyzed against Endonovo’s SofPulse® PEMF (Pulsed Electro-Magnetic Frequency) were: Pacira BioSciences, Inc. (PCRX) analgesic injectable Exparel®, Avanos Medical, Inc. (AVNS) Pain Pump On-Q® and Mallinckrodt plc (MNKPF) intravenous injection Ofirmev®. Endonovo’s comparative analysis detailed how SofPulse® has shown through clinical trials and surgical use to reduce opioid use and to directly replace injectable Exparel®, On-Q® pain pumps, Ofirmev® for patients in managing pain and/or edema post-operatively.

Endonovo’s comparative analysis identified that Exparel®; On-Q®; and Ofirmev® are FDA cleared and indicated to reduce post-operative pain. None of these pharmaceutical pain management products analyzed are FDA cleared to reduce edema, which is blood swelling in post-operative wounds. Only SofPulse® is FDA cleared to reduce both pain and edema post-operatively.

Additionally, the pharmaceutical pain management products analyzed are considered medically invasive requiring injections and/or catheter placement with numerous negative medical contraindications limiting their use. After 14 years of surgical use, SofPulse® in comparison to these pharmaceutical pain options is a superior alternative non-opioid, non-invasive, portable device with no contraindications and no known side effects.

“Results of our product and medical results comparison analysis showed that SofPulse® outperformed Exparel®, On-Q® pain pumps and Ofirmev® in non-opioid post-operative pain management. The benefits of SofPulse® treatments without the use of narcotics or opioids were more effective than our competitors’ products which helps to set it significantly above our main competitors non-opioid post-operative pain management solution,” according to Endonovo CEO Alan Collier.

There is high demand for opioid and narcotic substitutes for pain reduction in medical surgical cases. Patients’ overuse of opioids after surgical procedures is a well-known frequent cause of inadvertent opioid addiction, which impacts patient quality of life and increases cost to the hospital. This is commonly referred to as Opioid-Related Adverse Drug Events (ORADE). Opioid opponents believe that the most effective ways to way to fight the current crisis is finding and utilizing the best performing non-opioid pain relief solutions. In clinical studies, SofPulse® has shown to reduce the need for pain medication by 2.2X. Also, utilizing SofPulse® to reduce opiate use after operative procedures may reduce complications that can lead to ORADEs.

In comparing the data, Collier noted: “Currently, there is a lack of non-opioid treatments for pain and edema in the world-wide surgical market. Our SofPulse® use has been proven to be more effective than all of these competitive pharmaceutical medical products. SofPulse® has shown through clinical trials and surgical use to reduce opioid use and to be able to directly replace Exparel® and related products for patients in managing pain and edema post-operatively. Additionally, SofPulse® provides reduction of post-operative edema, blood swelling in post-operative wounds, which Exparel® and other injectable pain solution cannot claim to do.”

In completing the comparative analysis, Endonovo identified three market leading non-opioid pharmaceutical competitors available to address various degrees of post-surgical pain treatment. All competitive products literature publicly available – including competitors’ websites, product manuals, product description sheets and published medical efficacy results – were used for comparative analysis. All products analyzed provide a satisfactory alternative in varying degrees to narcotics and the inherent possibility of long-term addiction.

In a prime example, this research compares, among other things, Endonovo’s SofPulse® medical device with Exparel® injections, produced by Pacira BioSciences, Inc.:

SofPulse® Exparel®Indication: Post-operative pain and edemadevice for superficial soft tissue Single-dose, for post-surgical local analgesia and select nerve blocks

Description: Non-invasive disposable device Using targeted Pulsed Electro-magnetic Field (tPEMF) Injectable suspension

Preparation: Ready to Use Ready to Use     How Supplied: Single and dual loop device Choice of two single-dose vials     Application: Two types of non-invasive loops above dressings Site specific injections     Number/duration: Up to 100 15-min. treatments

Every 2 hrs.; up to 8 days. Must be use immediately after open- Applicator for up to only 2 days.

“SofPulse® is automated (15-minute treatment delivered every two hours). The device should show significant cost-savings per procedure compared to other postoperative pain options and is easy to use with demonstrated effective clinical results; such as:

2.2X reduction in the use of narcotics at 48 hours;    300% reduction in mean pain scores at 5 hours;    275% reduction in inflammation and swelling at 18 hours.

“In a randomized placebo-controlled study on SofPulse®, postoperative mean pain scores were reduced by 300%, which clinically relates to pain and the need for medication decrease of nearly three times faster than a sham.” Collier pointed out.

In summary, the survey of products available indicated:

Of the opioid replacement competitive products, ONLY SofPulse® is FDA-cleared to reduce both pain and edema after surgery procedures and has no known side-effects, with no contraindication related to treatment outcomes.

Our SofPulse® device, compared to other non-opioid solutions and competitors, provides more pain and edema reduction for patients for up to eight days of treatments, whereas our main non-opioid competitors only offer to block pain – without edema or inflammation reduction – for hours for several days.

SofPulse® may provide significant cost-savings per procedure compared to other post-operative pain solution options.

SofPulse® offers a superior non-invasive alternative/non-pharmacologic treatment for post-procedural pain and edema. Other competitor treatments and devices can be invasive by requiring injections or catheters, have limited pain reduction results or durations of use;

All of the competing products in the study have multiple contraindications (some including increased risk of mortality and/or death).

The overwhelming conclusion of all factors points to the proposition that since SofPulse® addresses the biochemical root of the pain and is a superior solution to achieve optimal opiate-free, post-operative pain management.

For full resource to the 17 related scientific references regarding claims in this news release, contact Endonovo’s Investor Relations.

SofPulse® is a registered trademark of Endonovo Therapeutics, Inc. The trademarks of the products listed herein are trademarks of their respective manufacturer. Please refer to the Instructions for Use accompanying each device for further information.

About Endonovo Therapeutics, Inc.

Endonovo Therapeutics is a commercial-stage developer of noninvasive wearable Electroceuticals® therapeutic devices for pain relief, general wellness and wound curatives. The Company's current portfolio of commercial and clinical-stage wearable Electroceuticals® therapeutic devices addresses wound healing, pain, post-surgical pain and edema, cardiovascular disease, chronic kidney disease, and central nervous system (CNS) disorders, including traumatic brain injury (TBI), acute concussions, post-concussion syndrome and multiple sclerosis. The Company's noninvasive Electroceutical® therapeutic device, SofPulse®, which uses pulsed short-wave radiofrequency at 27.12 MHz, has been FDA-cleared and CE marked for the palliative treatment of soft tissue injuries and post-operative pain and edema. It also has CMS national coverage for the treatment of chronic wounds. The Company's current portfolio of preclinical-stage Electroceuticals® therapeutic devices addresses chronic kidney disease, liver disease, non-alcoholic steatohepatitis (NASH), cardiovascular and peripheral artery disease (PAD), and ischemic stroke. The Company's noninvasive, wearable Electroceuticals® therapeutic devices work by restoring key electrochemical processes that initiate anti-inflammatory and growth factor cascades necessary for healing to occur.

Safe Harbor Statement‍

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate," "believe," "plan," "estimate," "expect," "intend," and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Investor Relations Contact:

Investor Relations Contact: Endonovo Therapeutics, Inc. Steve Barnes(800) 701-1223 Ext. 108sbarnes@endonovo.com www.endonovo.com

Media Contact: Gregory A. McAndrews Greg McAndrews & Associates(310) 804-7037

‍greg@gregmcandrews.com

Los Angeles, CA, June 07, 2023 (GLOBE NEWSWIRE) -- Endonovo Therapeutics, Inc. (OTCQB: ENDV), an industry leading medical technology company, is working with a prominent developer of telehealth (telemedicine) platforms to establish a new telehealth division for Endonovo.

“Endonovo’s Telehealth Division is expected to provide additional revenue and provide cost savings to the Company and its customers of the platform. As Endonovo establishes itself in the MedTech healthcare industry, it will seek out other medical device and pharmaceutical companies to generate additional revenue streams. Upon reaching revenue milestones, we believe we can spin-off the Telehealth Division as a MedTech company to a major stock exchange,” according to Alan Collier, CEO.

Ira Weisberg, President of Medical Division further added: “The collaboration aims to modernize the healthcare industry by leveraging advanced medical technology and digital solutions to provide accessible and efficient healthcare services to a wider population. With Endonovo's expertise as a developer of healthcare technology and our future telehealth developer's extensive experience in telemedicine, this strategic partnership is poised to create a platform that seamlessly integrates telehealth services into the mainstream healthcare system.”

Forging Strategic Partnerships for Success

Weisberg pointed out: “By Endonovo developing and utilizing a complete telehealth platform, we are positioning Endonovo to become a leader in the evolving telehealth healthcare landscape. Incorporating a telehealth division into the current Company structure will be instrumental in shaping Endonovo's telehealth strategy, ensuring the delivery of cutting-edge solutions that meet the evolving needs of patients and healthcare providers. This will allow us to leverage innovative solutions to expand our market reach and provide accessible, high-quality care to a wider patient population.”

In making the announcement, Weisberg explained: "Endonovo’s announcement to incorporate telehealth services into our Company offerings represents a pivotal step forward towards driving growth, achieving cost savings, and enhancing patient satisfaction in the medical market. We are confident that our telehealth platform will generate significant revenue opportunities but also solidify our commitment to delivering exceptional pain and inflammation healthcare solutions and experiences for patient accessing our platform."

Global Telehealth Market is Growing Rapidly

Telehealth services are a rapidly growing technology within the MedTech healthcare industry. The telehealth market has experienced a surge in growth as a result of the COVID-19 pandemic. According to a recent report by Reportlinker.com titled: "Global telehealth Industry", the global market for telehealth is projected to reach $723.3 billion by 2030, with a CAGR of 23% from 2022 to 2030. The software and services segment is expected to record a CAGR of 21.1%, reaching $462.8 billion by the end of the analysis period. The pandemic and recent expansion of medical services has served as a catalyst for telehealth growth as patients seek alternative ways to access healthcare services amid restrictions on in-person visits.

Telehealth Expansion Opportunities for SofPulse® PEMF

The rise of telehealth and digital health technologies has opened new opportunities for healthcare providers to improve patient healthcare access and reduce costs by reaching patients in remote or underserved areas. In the rapidly evolving landscape of healthcare, the integration of telehealth solutions presents opportunities to enhance access to medical services and improve patient outcomes.

Endonovo’s SofPulse® Pulsed Electro Magnetic Field (PEMF) Therapy -- which can be used to treat pain and inflammation as a cost-effective and patient-friendly therapy -- can expand exponentially through telehealth direct to consumer sales. By leveraging the power of telecommunication and digital platforms, telehealth eliminates geographical barriers, bringing medical expertise directly to patients through virtual consultations, remote monitoring and personalized care plans.

Patients will have the opportunity to call into the telehealth system and speak to an MD regarding a health condition that could be treated or have benefits in utilizing SofPulse® PEMF system. This transformative approach enhances convenience and affordability. It also provides tremendous potential to improve overall healthcare delivery, empower patients and drive positive outcomes ensuring that their healthcare needs are met effectively.

About Endonovo Therapeutics, Inc.

Endonovo Therapeutics is currently structured into two divisions: Legacy – a commercial-stage developer primarily of noninvasive wearable Electroceuticals® therapeutic devices for pain relief, general wellness and wound curatives with many of its products marketed under the SofPulse® brand name; and its Build Up Strategy – acquiring complementary specialty service providers of profitable biotechnology and specialty construction companies.

Safe Harbor Statement

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements, trends, analysis, and other information contained in this press release including words such as "anticipate", "believe", "plan", "estimate", "expect", "intend" and other similar expressions of opinion, constitute forward-looking statements. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

Investor Relations Contact: Endonovo Therapeutics, Inc. Steve Barnes(800) 701-1223 Ext. 108sbarnes@endonovo.com www.endonovo.com

Media Contact: Gregory A. McAndrews Greg McAndrews & Associates(310) 804-7037

‍greg@gregmcandrews.com