KING OF PRUSSIA, PA--(NewMediaWire - Apr 5, 2016) -
Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI), a Pennsylvania-based personal medical
alarm device manufacturer, announced today that it is verified for
trading on the OTCQB® Venture Market effective
immediately.
The OTCQB® Venture Market is for entrepreneurial and development
stage U.S. and international companies that are current in their
reporting and undergo an annual verification and management
certification process. These standards provide a strong baseline of
transparency, as well as the technology and regulation to improve
the information and trading experience for investors. Companies
must meet a minimum $0.01 bid price test and may not be in
bankruptcy.
"We are so pleased to be verified for trading on the OTCQB®
Venture Market," said Allen Polsky, VP and Board Member of MDHI.
"It is important for our investors to know that MDHI is a solid
company with strong operations. We will continue to provide clear
and concise information to our investors, and to meet the standards
of the OTCQB®."
As America's Venture Market, OTCQB® provides efficient public
trading for companies to start building shareholder liquidity right
away, with the intent of developing into tomorrow's leaders.
For current information on MDHI, go to www.medicalalarmconcepts.com.
About MDHI
MDHI is the creator of the MediPendant® and the iHelp™, patented
personal medical alarm devices for the national and international
marketplace. The MediPendant® has been featured in nationally
renowned retailer Costco Wholesale Corporation since 2011 and has
received 28 product reviews on the retailer's website, 21 of which
are "5 out of 5 Star" ratings. The iHelp™ and iHelp+ 3G are
next-generation mobilemedical alarms. Users of the
iHelp™ line of products, can take the device with them wherever
they go, as long as there is cellular service. For more
information, please visit our investor portal at 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.