Press release

Recent Renewal Continues to Demonstrate SCWorx Customer Satisfaction

Sponsored by Businesswire

SCWorx Corp (NASDAQ: WORX), the leading data management platform in the
healthcare industry, announced today the signing of a renewal agreement
with a treatment and academic medical center located in the northeast.
The renewal is for a 3-year term commitment and the total service value
is $648,000 for this healthcare provider. SCWorx is licensing this New
York based single standing teaching institution its basic benchmarking
analytics subscription platform with a planned upgrade to SCWORX’s full
suite of data automation services scheduled for the second quarter in
anticipation of implementing SCWORX’s closed loop supply chain solution
scheduled for full release in the third quarter of this year.

“Customer satisfaction remains a top priority for SCWorx. We are proud
of the successes achieved across all areas of the business which is
directly related to our customer loyalty and satisfaction,” said Marc
Schessel, Founder and CEO of SCWorx. “As we plan for our next
high-growth year, we’re excited to see our sales, marketing, services,
and product teams contribute to the growth of the company. We remain
laser-focused on delivering the best-in-data management services that
our customers rely on every day to assist in their efforts to provide
the highest quality healthcare.”

The Company does not expect to incur any significant additional overhead
resulting from this contract and anticipates procuring new contracts for
its software by numerous other healthcare providers in the foreseeable

About SCWorx

SCWorx offers an advanced software solution for the management of health
care providers’ foundational business applications. Together these
software systems have been credited with the healthcare providers’
customers tending to realize reduced medical expenses, while healthcare
providers have tended to experience expanded revenues and more
successful and safer clinical outcomes. The SCWorx software solution
ultimately transforms many aspects of the healthcare providers’ business
through its delivery of highly accurate, real-time information that
offers the executives of these healthcare providers the ability to
optimize many areas of their day-to-day operations, negotiate better
contracts with their vendors and payors and make better decisions with
respect to strategic purchases.

Forward-looking Statements

This press release contains “forward-looking statements” that involve
substantial risks and uncertainties for purposes of the safe harbor
provided by the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical facts, included in this
press release regarding strategy, future operations, future financial
position, prospects, plans and objectives of management are
forward-looking statements. Examples of such statements include, but are
not limited to, SCWorx may not actually achieve the plans, carry out the
intentions or meet the expectations or projections disclosed in the
forward-looking statements and you should not place undue reliance on
these forward-looking statements. Such statements are based on
management’s current expectations and involve risks and uncertainties.
Actual results and performance could differ materially from those
projected in the forward-looking statements as a result of many factors,
including, without limitation, the ability to project future cash
utilization and reserves needed for contingent future liabilities and
business operations and the availability of sufficient resources of the
combined company to meet its business objectives and operational

No Offer or Solicitation

This communication shall not constitute an offer to sell or the
solicitation of an offer to sell or the solicitation of an offer to buy
any securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any
such jurisdiction.