Corporate News

Kooth, the UK's leading digital mental health platform, announces that, following its announcement of 27 September 2022 relating to the agreement of terms of a significant US contract, this contract has now been formalised and signed by the Group and the State of Pennsylvania, USA.

As previously announced, the contract will run for an initial pilot phase over the course of an academic year and is valued at $3 million to Kooth. During the pilot phase the Group will provide its platform to 30 school districts within Pennsylvania, encompassing a school population of 150,000 students. If the pilot is successful, it could be extended to include more of the State's 500 school districts.

Tim Barker, Chief Executive Officer of Kooth, said :

"We are delighted that this contract, which represents a major step in our drive to expand in the US, is now formalised and that we can not only begin working to bring our leading digital mental health platform to this new market but, more importantly, to help children and young people across the State of Pennsylvania. We look forward to our work with the State and will also work to ensure that other public and private bodies across the US are aware of the positive impact that Kooth's platform can have on peoples' mental health."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. The person responsible for this announcement is Sanjay Jawa, CFO.

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About Kooth plc:

Kooth (AIM:KOO) is the UK's leading digital mental health platform. Our mission is to provide accessible and safe spaces for everyone to achieve better mental health. Our platform is clinically robust and accredited to provide a range of therapeutic support and interventions. All our services are predicated on easy access to make early intervention and prevention a reality.

Our three services are:

• Kooth: for children and young persons
• Kooth: for Adults
• Kooth Work: for employees

Kooth is a fully safeguarded and pre-moderated community with a library of peer and professional created content, alongside access to experienced online counsellors. There are no thresholds for support and no waiting lists. Currently, Kooth sees over 4,000 logins a day.

For adults, Kooth operates across distinct locations and serves specific cohorts, including parents, teachers, victims of crime, and those who have suffered from or continue to experience domestic violence. It is also offered as a benefit by a number of corporate organisations delivering anonymous digital mental health support services to employees.

Kooth is the only digital mental health provider to hold a UK-wide accreditation from the British Association of Counselling and Psychotherapy (BACP).

In 2021, Kooth was named 'Best Newcomer' at the European Mediscience Awards, winner in the category of 'Tech for Good' at the UK Tech Awards and recognised as the 'HealthTech Pioneer of the Year' at the UK Business Tech Awards for its role in 'Supporting the Nation's Mental Health'.