Medical Alarm Lands European Order with Additional Orders Expected
Published on Wednesday, 20 June 2012 10:13 Written by TradersHuddle Staff
KING OF PRUSSIA, Pa., June 20, 2012 /PRNewswire/ -- Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI), today announced it has signed an exclusive distribution agreement with a Danish company that plans to distribute the MediPendant™ personal medical alarm throughout Denmark and several other Scandinavian countries. The initial order is for 500 units with additional orders expected on an ongoing basis.
"We are very pleased to accept this initial order for the MediPendant™ product from our new Danish distribution partner," commented Steven Beeferman, VP of International Sales and Development for Medical Alarm Concepts. "We have modified the MediPendant™ to provide voice prompts in Danish and our Engineers are currently working on adding additional languages to the MediPendant™ for other contracts currently in negotiations. The MediPendant™ is very flexible, not only relative to adding voice prompts in other languages, but also relative to modifications that will meet the technical standards of international telephone systems. We are very happy to be preparing the shipment for this initial order."
Mr. Beeferman continued, "Our ability to comfort the user of the MediPendant™ via voice prompts is a significant feature advantage of our product. With the MediPendant™, not only can the user speak and listen directly through the pendant to an EMT-trained operator, but they also receive voice prompts directly from their unit, giving them the comfort of knowing that the system has been activated and is connecting to the call center. We believe the ability to speak and listen through the voice prompted pendant is one of the main reasons our sales continue to accelerate."
Medical Alarm Concepts Holdings, Inc. (MAC) develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. MediPendant's™ patented two-way voice technology enables the user to speak and listen directly through the pendant no matter where the user may be in and around their home. MediPendant™ service also includes advanced features such as three-way calling that enables the operator to link loved ones directly into the emergency call in real time. Text message alerts are also standard, and are used to inform loved ones that the user has contacted an operator or has requested assistance. A standard PERS system does not enable the user to speak and listen through the pendant, thus limiting them to a small area in their home. There is always the risk that the user will not be heard by the call center operator if they are not within a short range of the base station. For more information please visit our website at www.medipendant.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.
Medical Alarm Concepts Holding, Inc.
1-877-639-2929 Ext. 113
SOURCE Medical Alarm Concepts Holding, Inc.
- Medical Alarm Concepts Files Information Statement and Provides Update on Corporate Activity
- MDHI Reaches Positive Operational Cash Flow -- Negotiates Cancellation of $236,397 of Debt
- MDHI Receives Strategic Investment to Continue Strong Growth - Moves into Positive Operating Cash Flow for March 2013 Quarter
Related Partner Headlines
Latest Partner Headlines
Dow Today: Verizon Communications (VZ) Higher - TheStreet.com
Separating the Bargains From the Busts - TheStreet.com
Cramer Quick Take: The 60-Inch TV Will Be Key This Holiday - TheStreet.com
Cramer Quick Take: Cisco Wins If Fiscal Cliff Is Resolved - TheStreet.com
Gap Up and Sit - TheStreet.com
Apple, Intel, MicroStrategy: Tech Winners & Losers - TheStreet.com
Windows 8 PC Sales Disappointing: Report - TheStreet.com
Cramer Quick Take: Buy Home Depot and Lowe's - TheStreet.com
Dow JonesCompany ID [INDEXDJX:.DJI] Last trade:15,179.85 Trade time:4:33PM EDT Value change:▲109.67 (0.73%)
S&P 500Company ID [INDEXSP:.INX] Last trade:1,639.04 Trade time:4:33PM EDT Value change:▲12.31 (0.76%)
NASDAQCompany ID [INDEXNASDAQ:.IXIC] Last trade:3,452.13 Trade time:5:15PM EDT Value change:0.00 (0.00%)
In The Wires
Boston Scientific Vercise™ DBS System demonstrates Improvement In Motor Function For Patients With Parkinson's Disease
Neusoft Named Again to PwC's Global 100 Software Leaders
BNK Petroleum Inc. announces Annual General Meeting date and operations update
Softwarefit.com Now Offering CRM Software Reviews and Comparisons
New AMX Enova Fiber Solution Breaks New Barriers
eMazzanti Launches Microsoft Office 365 Test Drive for New York and New Jersey Area Businesses
Foundation Financial Group Wins Atlanta Pacesetter Award
AC Blower Motor Replacement Parts Now Marked Down for Consumers at AutoProsUSA.com