Point Roberts, WA - March 4, 2013 (Investorideas.com Newswire)
Investorideas.com, a leader in sector research for investors, issues a
trading alert for medical device company, Medical Alarm Concepts
Holding, Inc. (OTCQB: MDHI.PK). The stock is trading up over 23% on over 9 Million shares following news.
The Company released an update today with details about its
recently accelerating growth rate and a contract signed with a
diversified national insurer where Medical Alarm Concepts will become a
provider of personal medical alarms.
According to the release, "Under the terms of the new agreement,
the diversified national insurer will offer the Company's MediPendant®
product and monthly monitoring services to subscribers of selected
healthcare programs. Additionally, the Company's MediPendant® product
has been, or may be, included in their dual demonstration programs
(Medicare and Medicaid) related contracts on which Coventry Health Care,
Inc.( NYSE:CVH )
may bid. Additional information regarding this contract can be viewed
on the website hosted by the US Securities & Exchange Commission at
the following link:” http://www.sec.gov/Archives/edgar/data/1443089/000147124213000073/mdhifeb262013.htm
Full news: http://www.investorideas.com/news/2013/biotech/03041.asp
Additional information on the MediPendant can be viewed at www.MediPendant.com .
About MDHI ( OTCQB: MDHI.PK ),
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.
Medical Alarm Concepts Holding, Inc.
Contact:
Medical Alarm Concepts Holding, Inc.
877-639-2929 Ext. 113
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1 comment:
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