5215-C Militia Hill Road • Plymouth Meeting, Pennsylvania 19462 • United States
Phone: 877-639-2929 • Fax: 610-872-9066
The MediPendant Personal Medical Alarm
The First Medical Alarm Device That Allows You To Speak and Listen DIRECTLY Through the Pendant
MEDIPENDANT™ Home Medical Alarm and Alert System
MediPendant™ is a medical alarm/alert system (also known as a personal emergency response system) that gives users access to help at the press of a button, 24 hours a day, 365 days a year. It is the first monitored medical alarm on the market today that allows the user to speak and listen to the operator DIRECTLY through the pendant.
There are many medical alarm companies with many different types of emergency medical equipment, so do your homework. If you're thinking about getting a medical alarm for you or someone you care about, be sure to ALWAYS ask the following questions:
- Can I speak and listen to the operator through the pendant?
- What happens if I hit the button when I am outside? Can I speak to the operator from outside my home?
- If I am showering or bathing, can I use my pendant/medical alert bracelet? If the door is closed, will I be heard?
- Do the call center operators have EMT (emergency medical technician)training?
- Will the call center operators stay on the line with me for as long as I need them?
The answers to these questions should always be YES!
Speak and listen to the operator directly through the pendant
24/7 monitoring with EMT-certified professionals
Easy installation/User friendly
Operates anywhere from 300 to 600 feet in or around the home†
Water-resistant-may be worn in bath or shower**
Medical alert jewelry - wear it as a medical alert necklace , clipped to your belt, or as a medical bracelet
Battery provides up to six hours of talk time and up to one year of stand-by time
Bilingual (Spanish and English) equipment and operators available
† Building structure and conditions may affect range. **Base station should never be exposed to water.
Q: What is MediPendant™?
A: MediPendant™ is the first monitored medical alert device that allows you to speak and listen directly through the pendant. Unlike many of the other medical alarm systems on the market today, the user speaks directly through the pendant to communicate with the operator at a monitored call center.
Q: What is the advantage of MediPendant™
A: MediPendant™ enables the user to communicate directly through the pendant. There is no need to be near the base station. MediPendant's™ two-way voice speakerphone technology has superior battery life and enhanced range enabling the user to communicate from virtually anywhere inside and outside the home.
Q: Is MediPendant™ difficult to install?
A: It is very simple to install. Just plug in the power cord and the phone jack. There are no tools required. Everything is color-coded for easy installation.
Q: How does the product work?
A: In an emergency, simply push the button on the wearable pendant and communicate with the operator. There is no need to use a regular telephone.
Q: Who answers the call when the button is pressed?
A: An emergency response call center operator will answer the call. LifeSafety Monitoring™, a division of Rapid Response™, is the exclusive call center for our product. It is the only state-of-the-art medical alert monitoring company with certified-EMT operators trained to provide on-call assistance. Bilingual operators are available and all operators are guaranteed to stay on the line until help arrives.
Q: Do you have to be near a base station to use the MediPendant™
A: No, unlike most medical alert systems on the market today, with MediPendant™ you communicate directly through the PENDANT. The user has much more freedom to move in and around the home.
Q: How far away can the pendant be from the base station and still work properly?
A: Users can be up to 600+ feet from the base station. This gives the user incredible range when compared to other medical alarm systems.
Q: What type of battery does the MediPendant™ use?
A: The pendant uses a Li123 battery that can be purchased at any local pharmacy or hardware store.
Q: What kind of battery life does the pendant have?
A: The pendant has approximately 6+ hours of talk time and up to 1 year of standby time.
Q: What if the power goes out in the home?
A: The base station provides up to 30 hours of backup battery time and its batteries will recharge once power has been restored.
Q: What happens if I am unable to speak?
A: As long as the button on the pendant is pressed and a connection has been established, the call center is aware that there is an emergency and can take the proper steps to send help.
Q: Will my phone bill increase?
A: No, the system dials a pre-programmed toll-free number.
Chief Executive Officer, Director
Ronnie Adams is the Company's CEO and Director. He has also served as President and Chief Financial Officer of a NASDAQ company that he started from inception and grew to over $60 million. Mr. Adams was the recipient of the prestigious Entrepreneur of the Year Award in 1996, sponsored by Dow Jones, NASDAQ and Ernst & Young.
Vice President of Strategic Alliances, Director
Allen Polsky has 30 years of experience in the security and life safety industry and currently serves as Medical Alarm Concepts' Vice President of Strategic Alliances. Prior to joining MAC, he was a Senior Security consultant for JM resources, a structured wiring company. He is also a co-founder of Connective Home, one of the nation's top 30 home integration companies.
Vice President of Corporate Development
Jennifer Loria serves as the Company's Vice President of Corporate Development. Ms. Loria has a strong background in strategic marketing, brand development and industry trends with over 14 years of experience developing and executing strategic marketing plans and programs for consumer products and services. Prior to joining Medical Alarm Concepts, Ms. Loria served as Senior Marketing Manager for Buck Consultants, an ACS Company, where she successfully developed and launched a new Buck brand across multiple channels and lines of business.
Vice President of Sales and Marketing
Steven Beeferman is the Company's Vice President of Sales and Marketing. He has extensive experience in the marketing and sales management of hi-tech product lines at companies such as Philips, Harris Corporation and ADT Security Systems well as well as at startup companies.
Chief Technology Consultant
As Medical Alarm Concepts' Chief Technology Consultant, Nevin Jenkins has made a long-term commitment to the success of MAC. Mr. Jenkins is the original inventor of the PERS technology that went on to coin the famous "Help I've Fallen and I Can't Get Up" campaign. In 2005, he won Best Invention of the Year at the Consumer Electronics show in Las Vegas with his revolutionary new medical alert system, beating out contestants such as industry giants Sony, Hitachi and Panasonic. As a pioneer of medical alarms, he owns and operates three businesses and holds over 20 U.S. patents.
Important Customers and Distributors
New Advertisement in the Costco Healthy Living Magazine
Screen Shot of the Medipendant Sales Page on the Costco.com Website
THE LATEST REVIEW ON THE COSTCO SITE:
Pros: ability to customize response protocol, communicate directly into the pendant
Cons: a little larger pendant than some units
"We bought the MediPendant for my mother-in-law last October and have been extremely pleased with the product AND support team. They have customized their response to our special needs. My MIL is hard of hearing and Spanish speaking so it was wonderful to find a unit that has the ability to communicate right on the pendant.Yes, the pendant is larger than some, but for all that it does it is quite compact. She is able to hold the unit and communicate directly to the operator, they speak loudly and in Spanish. If the speaker were in a base unit she definitely would not hear the response person. I love that Allen, and his staff have customized exactly what we wanted/needed for our situation. We have spoken with the call center individuals and with the office staff and everyone has gone out of their way to make sure the system/response protocol was set up as we wanted/needed. As to the "waterproof" ability, my MIL showers in her's everyday and we have had no problems with the unit."
CLICK HERE TO GO DIRECTLY TO THE COSTCO SITE TO READ THE REVIEWS:
On February 25, 2013, the Company signed a supply and services contract with Coventry Health Care, Inc., (NYSE: CVH) a diversified national insurer in the United States located in Bethesda, Maryland, which operates health plans, insurance companies, network rental and workers' compensation services companies. Medical Alarm Concepts Holding, Inc. will become a provider of personal medical alarms for Coventry.
Under the terms of the agreement, Coventry Health Care, Inc. will offer the Company's MediPendant® product and monthly monitoring services to subscribers of selected healthcare programs provided by Coventry. 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. may bid.
The Company is expecting this contract to generate growth in revenue and earnings. As a result of gaining the contract, the Company plans to expand its business operations in the areas of manufacturing, financial management, research & development, and logistics.
STRATEGIC INVESTOR IN MEDICAL ALARM CONCEPTS HOLDING, INC.
March 6, 2013 - The Company announced it has received an investment led by strategic partner, JTT-EMS LTD of Shijiazhuang, China. Under the terms of the investment, JTT-EMS purchased restricted common stock, which it plans to hold as a long-term investment. The financing, including additional investments by current shareholders, will total approximately $330,000. "This is exciting financing for our Company that will allow us to maintain our strong growth," commented Ronnie Adams, CEO. "This strategic investment is straight common equity in the Company, which must be held for an extended period of time. There are no warrants, options, or any other enhancements. Over the past two quarters our business has turned the corner with strong growth, allowing us to reach positive cash flow. Because this growth is based on high quality recurring monthly revenues, we believe the positive operating cash flow we will report beginning in the March 2013 quarter will be sustainable moving forward." In 2010, JTT-EMS was founded with a simple mission to change the way power is made and used. Today, we supply products using clean, renewable sources like solar, wind. Every single product offered by our company has an environmental benefit, and also we have a cost factor in mind, as without a reasonable price tag, all products are a waste of resources to make them.
TRANSFER AGENT :
West Coast Stock Transfer at 2010 Hancock Street, Suite A, San Diego, CA 92100 (619) 664-4780
MDHI - Share Structure
TRADING SHARES IN FLOAT: 1.2 MILLION
TOTAL OUTSTANDING: 5,518,541
FROM THE JANUARY 6, 2014 PRESS RELEASE - IMPORTANT QUOTE FROM
CEO RONNIE ADAMS:
"We want to make it clear to our investors that the Company is well past the start-up stage, and that our business
plan is progressing robustly. We are expecting 2014 to be a year of continued strong growth mainly led by
high-margin recurring monthly revenues, but augmented by direct sales to marketing partners utilizing our patented
MediPendant® product as the basis for their own medical alarm services."
DECEMBER 12, 2013 - IMPORTANT COMPANY NEWS - MDHI RECEIVES IMPORTANT DEBT CANCELATIONS AND RESTRUCTURES
BALANCE SHEET - COMPANY COMPLETES BALANCE SHEET
REPAIR - NOW VIRTUALLY DEBT FREE:
KING OF PRUSSIA, PA--(Marketwired - Dec 12, 2013) - Medical Alarm Concepts Holding, Inc. (OTC Pink: MDHI) today announces the signing of a global settlement agreement with its debt holders and management team, which will remove approximately $845,092 in debt obligations from the Company's balance sheet and will allow for the reversal of hundreds of thousands of dollars of derivative liabilities. As a result, the Company will be debt free, except for normal trade payables and patent related obligations, which are mainly offset by a substantial asset.
"A little over two years ago we began the process of restructuring the Company," commented Ronnie Adams, Company CEO. "Our objective at that time was for the Company to emerge as one of the few publicly traded small companies able to produce a continually growing revenue stream, positive operating cash flow, and a strong balance sheet. I am very happy to report to our shareholders that as a result of the signing of this settlement agreement, we have now achieved these goals. We are very optimistic about our future as we believe we have built a strong company that will continue to grow based on high quality monthly recurring revenues."
Under the terms of agreement, the provider of the Company's credit line will forgive the $479,355 balance, all holders of convertible debt will convert all debt into common shares, and the management team will waive all future anti-dilution rights in exchange for an equity stake in the Company. Full details of the agreement are available on the website of the Securities & Exchange Commission.
Mr. Adams continued, "The removal of approximately $845,092 in debt from our balance sheet is very important for us. Since the beginning of 2012, we have drawn approximately $632,794 from our credit line, which has been efficiently utilized to build inventory to service our growing retail and Internet sales channels. We were scheduled to begin making payments on the credit line as of December 31, 2013, but with the entire balance being forgiven, we will be able to focus all our resources on ensuring that the dramatic turnaround we have seen in our business continues well into the future. Very few companies are afforded the growth opportunities that have been presented to us. We intend to take full advantage of our significantly strengthened balance sheet and our growing positive operational cash flow."
The implementation of the settlement agreement will, in addition to eliminating the $479,355 balance due on the credit line, remove all convertible debt from the balance sheet, equaling an additional debt reduction of approximately $365,737. As the convertible debt is removed from the balance sheet, the full balance of the derivative liabilities will be reversed and removed from the balance sheet. As of the end of Fiscal 2012, the derivative liabilities balance was $1,099,300.
Over the coming days, the Company will be providing investors with additional updates about the dramatic turnaround in the business, and will also discuss the development of a new medical alarm device that is currently being engineered and will complement its existing MediPendant.
SCAN OF THE SHAREHOLDER LETTER
SENT TO INVESTORS AS OF
DECEMBER 20, 2013. - STATING,
"WE HAVE DONE IT!"