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Medical Alarm Concepts Inks Deal With American Logistics to Increase Distribution of the MediPendant Personal Medical Alarm(July 26, 2010)
PLYMOUTH MEETING, Pa., July 26, 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 its partnership with American Logistics for expanded distribution and fulfillment of its products.
By outsourcing these services, Medical Alarm Concepts will not only increase its distribution capability, but make it easier for its existing distributor base to access the MediPendant.
"Distributors already in the medical alarm business, as well as new distributors in the security industry, are very receptive to our products. The personal medical alarm space is large and growing, but most of the technologies being offered are highly antiquated relative to our speak through the pendant technology. We are very enthusiastic about this partnership," said Howard Teicher, CEO of Medical Alarm Concepts. "Outsourcing our shipping and fulfillment services will allow us to cut costs and focus the company's resources on new distribution partners, as well as increase our customer base. In addition, it puts key pieces in place to start expansion of sales and distribution in other countries."
About Medical Alarm Concepts
Medical Alarm Concepts Holding, 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 www.medicalalarmconcepts.com
About American Logistics
In its illustrious history, American Logistics has made great progress towards their long term goal of a comprehensive fully integrated fulfillment and transportation service involving air, ocean, and land. Strategically located in the Chicago area with a 125,000 square feet facility, they are capable of serving any and all fulfillment and transportation needs. Their bonded warehouse, U.S. Customs brokerage service, broker license, full logistics warehousing, distribution service and trucking are all under one roof. With a commitment to their customers they are one of the premium fulfillment centers in this industry.
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.
CONTACT: Medical Alarm Concepts Holding, Inc.
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