
Medical Alarm Concepts and Catalyst Benefits Announce Strategic Alliance to Provide MediPendant™ Personal Emergency Response Systems (PERS) to Hospitals Nationwide
KING OF PRUSSIA, Penn., Jan. 9, 2012 /PRNewswire/ -- Medical Alarm Concepts and Catalyst Benefits Inc., announce today the creation of a strategic alliance to bring the state-of-the-art technology of the MediPendant™ to hospitals throughout the United States.
"At a time when there is increasing importance being placed on reducing re-admissions and return trips to the emergency department, the MediPendant™ and its unique technology that allows the user to speak with an EMT-trained operator at the call center, is clearly a key tool to achieve these goals. For many others, MediPendant™ will increase their independence and the ability for many aging adults to remain in their home," says Bruce Mondschain, CEO of Catalyst Benefits. "For many adult children, MediPendant™ is the next best thing to being there with their aging parent(s)."
In early February, Presbyterian Intercommunity Hospital will be the first to launch the MediPendant™ program. Nancy Whyte, Director of Community Education, Senior and Volunteer Services at PIH says, "MediPendant™ brings state-of-the-art technology to a service that has been around for some time. It is easy to use, easy to set up, and easy to get help when you need it most."
"We are very pleased to be partnering with Catalyst Benefits. Catalyst has an incredible marketing strategy for providing valuable products and services to hospitals throughout the United States," says Jennifer Loria, VP of Corporate Development at Medical Alarm Concepts. "We are proud that the MediPendant™ program is now included on their list of relevant services. We feel confident that we can help to reduce costly hospital re-admissions and, as always, continue to give the user security and peace of mind in their home," adds Loria.
About Catalyst Benefits
Catalyst Benefits' mission is to be the premier provider of innovative strategies and high quality benefits. It brings unique benefits to the membership program and client base that translate into real value for the consumer. In its seventeen years of serving hospitals, Catalyst Benefits has expanded from one benefit to a rich and diversified menu of seventeen potential benefits and services. Through the focus groups it regularly facilitates, the industry related research it conducts and its daily "networking" with scores of hospital - based programs, Catalyst is both the leading national repository of industry developments and trends as well as a "catalyst" for new, leading - edge and profitable strategies.
Catalyst has become the voice of the aging adult affinity program industry and has been recognized for its position and accomplishments by the American Society on Aging, which, in 2004, presented Catalyst with its prestigious "Company of the Year "award. Catalyst takes great pride in a single statistic---over 95% of new hospital and organizational clients are the direct result of referrals from current client hospitals and organizations. At present, Catalyst Benefits serves over 220 hospitals in 42 States. For more information, please visit our website at www.catalystbenefits.com.
About Medical Alarm Concepts
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, please visit our website at www.medipendant.com or call us at (877) 639-2929 x 113.
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.
SOURCE Medical Alarm Concepts Holding, Inc.
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