KING OF PRUSSIA, Pa., July 16, 2012 /PRNewswire/ -- Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK), today announced several expanded marketing initiatives to further increase market awareness for the MediPendant™ - the second generation personal medical alarm technology with speak and listen technology directly through the pendant.
The Company recently launched a strategic marketing partnership with the largest warehouse club store in the United States for sales of the Company's MediPendant™ product. This program is now operational with orders being received and shipped on a daily basis. On July 21st, the retailer will institute an email campaign to millions of targeted customers to promote market awareness and sales of the MediPendant™ device. Several additional promotional events have also been scheduled and solidified, and will be implemented throughout the rest of this year.
Ronald Adams, President of MDHI said, "This next weekend we will begin our second email-based marketing campaign to target our retail partner's customer base. Our relationship with this retailer continues to expand. While we are excited about the promotion that will occur later this week, we are even more excited about our participation in the very large fall season promotion this retailer puts forth each year. Our partner has given us a forecast of between 1,500 and 2,500 units for this promotion, which would easily put our quarterly sales well ahead of already record setting results. We have also recently formalized additional promotions, which we expect to occur at various times throughout the rest of this year. These new promotions are occurring at an optimal time, as we have recently increased our available revenue production opportunities through the enhancement of six (6) and twelve (12) month contract extensions and our enhanced concierge service. We are expecting these upcoming promotions and these very high margin service enhancements to further accelerate our already fast-growing revenue base."
Medical Alarm Concepts has also contracted for the implementation of a significantly expanded Internet-based search marketing initiative, which is expected to begin shortly. Mr. Adams continued, "Our recently released product videos have already been viewed by thousands and as a result, clicks to our website are up significantly. Internet marketing is vital to the sales of products in our category and we wish to expand upon the success we are already realizing. The Internet advertising campaign we will be instituting is innovative in that it is video-based. This program will further disseminate the message to consumers that our second generation technology offers huge consumer benefits, and is a far superior product when compared to other offerings on the market today."
Medical Alarm Concepts Holding, 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, go to 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.
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