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Medical Alarm Concepts Announces Dealer Agreement With SMARTHOMECARE(TM)(July 28, 2010)
PLYMOUTH MEETING, Pa., July 28, 2010 (GLOBE NEWSWIRE) -- Medical Alarm Concepts Holding, Inc. (OTCBB:MDHI), manufacturer of the MediPendant™, the first fully-monitored medical alarm system that allows you to speak and listen directly through the pendant, announced today that it has signed a dealer agreement with SMARTHOMECARE™, to market the Company's premier medical alert device, the MediPendantTM, to homecare providers across the United States.
SMARTHOMECARE™ is a complement to homecare providers for the elderly and impaired. The SMARTHOMECARE™ solution is a state-of-the-art system that uses Samsung video cameras strategically placed in and around the home. The solution is called a SMARTSTATION™ and includes a PC based DVR with proprietary technology, an Internet connection, and a Smart phone. SMARTHOMECARE™ utilizes the SMARTSTATION™ to analyze the environment using the Samsung cameras to constantly be on the lookout for predefined triggers, and to notify homecare staff and/or loved-ones. It also provides a means for remote doctor visits via an Internet-based video teleconferencing system. As part of the agreement, SMARTHOMECARE™ will offer the MediPendant™ as a value-added service, to create a broader and more complete solution.
"MediPendant™ will be the recommended PERS device in a SHC system. In our estimation, the MediPendant™ represents the best PERS on the market today," said Ned Stiemke, President of BEMS Inc. "We are very excited to be engaged in this partnership with Medical Alarm Concepts™, since it marks a major step into the arena of providing value-added services to the aging population. This complies with the Obama Administration's plan for healthcare. We feel that the MediPendant™ is a solid product that will enhance our own product base and assist in maximizing our distribution," added Stiemke.
SMARTHOMECARE™ and SECURITYSMART™ are currently available for customers throughout the country. It offers partnership opportunities to homecare providers and/or security distributors who are looking to grow their businesses.
About Medical Alarm Concepts
Medical Alarm Concepts Holdings, Inc. ("MAC") develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. We have built our reputation in the personal emergency response system ("PERS") and medical alert industry. With patented technology and state-of-the-art services, MAC is uniquely positioned to mobilize the right people, skills and alliances to ensure success and client satisfaction. Our design and support philosophy emphasizes industry best practices, while providing polished and savvy solutions. MAC's latest innovation is the development of its two-way voice speakerphone pendant technology. For more information, please visit our website at http://www.medicalalarmconcepts.com
Safe Harbor Statement
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company's actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission.
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