KING OF PRUSSIA, Pa.,
Dec. 12, 2012 /PRNewswire/ -- Medical
Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK), today announced it
has signed a marketing and operations agreement with JTT-EMS LTD of
Shijiazhuang, China to bring the
MediPendant™ personal medical alarm to the People's Republic of China. This agreement
follows the recent shipments of product to Denmark and the consummation of an agreement
with a large alarm company in Scotland, both with plans to begin marketing
the MediPendant™ in the first quarter of 2013. Under the terms of
the agreement with JTT-EMS, the parties have started the planning
process with an initial strategy of offering the MediPendant™ in
select cities in China. They plan
to provide monthly monitoring services within a new joint venture
business arrangement.
"JTT-EMS is a well established operation that employs several
personnel who are very familiar with the features and functions of
the MediPendant™," commented Ronnie
Adams, CEO of Medical Alarm Concepts. "We have done
our research, and have determined that there is a high demand for
personal medical alarms in the Chinese marketplace. We believe this
joint venture allows us a ground floor opportunity in one of the
fastest growing and largest markets in the world. China is our third international opportunity,
and we are very excited about our international expansion
plans."
Mr. Adams added, "We continue to expand our business
opportunities at a time when our revenues are growing at a strong
rate. The strength and expertise of the JTT-EMS staff will enable
us to leverage our current resources and to take advantage of their
local knowledge of the Chinese market. We believe this is a strong
strategic alliance that will advance our agenda to expand the
distribution of our unique personal medical alarm product."
The MediPendant™ is a second-generation personal medical alarm
and the only product in its category that allows for voice prompts
and monitored, two-way communications directly through the pendant.
Older generations of technology require the user to be in close
proximity to the base station in order to speak and listen to the
operator. With the MediPendant™, the customer can be anywhere
within 600+ feet of their home and in the event of an emergency,
they can speak and listen to the EMT-trained operator directly
through the pendant.
Additional information on the MediPendant™ can be viewed at
www.MediPendant.com.
About JTT-EMS LTD
JTT-EMS LTD was founded in 2010 and is located in The Century
Industrial Park of Shangzhuang, ShijiaZhuang, China. JTT-EMS LTD is a
well-equipped, visionary organization that is immensely popular and
prominent in the field of affordable green energy solutions used in
residential and commercial buildings, and public infrastructure.
The Company offers a comprehensive and exclusive range of all these
items, together with impeccable product quality, durability, and
elegant designs and finishes. They are one of the leading
manufacturers and exporters of the green energy products of
China. JTT-EMS has a large pool of
innovative and experienced power engineering, architecture, and
mechanical engineers, in both Canada and China. They incorporate the traditional
expertise, long mellowing experience, and modern technological
innovation and ingenuity in all their products. For more
information about JTT-EMS, please visit their website at
www.jtt-ems.com.
About MDHI
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.
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.
877-639-2929 Ext. 113
SOURCE Medical Alarm Concepts Holding, Inc.