CSE AIML | OTCQB AIMLF | FWB 42FB
PRESS RELEASE

AIML Establishes Innovation Committee, Appoints Dr. Drew Dundas as Chair

May 22, 2025
  • New board‑level committee will steer regulatory strategy, IP development, and product innovation across AIML’s AI‑driven health‑tech portfolio

Toronto, Canada – May 22, 2025AI/ML Innovations Inc. (“AIML” or the “Company”) (CSE: AIML; OTCQB: AIMLF; FWB: 42FB) today announced the formation of its Innovation Committee, a committee of the Board of Directors of AIML, created to provide strategic oversight of the Company’s regulatory filings, intellectual‑property roadmap, and product‑development initiatives. Dr. Drew Dundas, an internationally recognized medical‑device innovator and director of AIML, has been appointed Chair of the Innovation Committee.

Dr. Drew Dundas: Deep Clinical & Commercial Expertise

Dr. Dundas brings more than 25 years of experience in translational research, FDA submissions, and product commercialization. As the Chief Technology Officer at Earlens Corporation, he led the team that secured clearance for the world’s first non-surgical, contact drive hearing device. He has authored over 70 papers, has been an invited speaker at multiple international scientific conferences,  holds multiple patents in signal processing, fitting prescription and biomedical sensing, and has guided several early‑stage health‑tech firms from concept through regulatory approval and market launch.

In his new role, Dr. Dundas will collaborate with AIML’s executive team to:

  • Guide FDA and Health Canada submissions, including the Company’s current 510(k) for MaxYield™ and forthcoming CardioYield™ filings.
  • Shape the intellectual‑property portfolio, ensuring robust patent coverage for neural‑network algorithms, cloud workflows, and device integrations.
  • Oversee product‑development milestones, linking clinical needs with AI‑driven engineering.

Dr. Drew Dundas – Director and Innovation Committee Chair:

“AIML’s technology addresses one of healthcare’s greatest challenges: extracting clean, actionable signals from the physiologic and environmental noise of real‑world data. I’m honored to lead the Innovation Committee and help ensure that our regulatory, IP, and product development strategies translate this important technology into global clinical impact.”

Paul Duffy – CEO & Executive Chairman, AIML:

“Formalizing the Innovation Committee underscores AIML’s commitment to disciplined governance as we scale. Drew’s expertise fortifies our board and positions us to deliver sustained value to clinicians, partners, and shareholders.”

For more information about AIML:

For detailed information please see AIML's website or the Company's filed documents at www.sedarplus.ca.

Contact:  

Blake Fallis  

(778) 405-0882  

info@aiml.health

About AIML Innovations Inc.
https://www.aiml.health/

AIML Innovations Inc. is a global technology company pioneering the use of artificial intelligence and neural networks to transform digital health. Our proprietary platforms leverage advanced signal processing and deep learning to convert complex biometric data into actionable clinical insights - supporting earlier diagnosis, personalized treatment, and more effective care.

With a growing portfolio of regulatory filings, including a 510(k) premarket notification and a registered FDA Device Master File, AIML is committed to rigorous validation and broad interoperability.

AIML’s shares trade on the Canadian Securities Exchange (CSE: AIML), the OTCQB Venture Market (AIMLF), and the Frankfurt Stock Exchange (42FB).

On behalf of the Board of Directors:

Paul Duffy, Executive Chairman and CEO

Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company's products and services. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the nature and timing of future operations and the receipt of all applicable regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

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