PLYMOUTH MEETING, Pa., March 30, 2010 (GLOBE NEWSWIRE) -- Medical Alarm Concepts Holding, Inc. (OTCBB:MDHI), manufacturer of the MediPendant™, the only fully-monitored medical alarm system that allows you to speak and listen directly through the pendant, announced today that it has signed a distribution agreement with one of the largest drug store chains in the metropolitan New York City area. Under the terms of the agreement, the Company's MediPendant™ alarm device will be offered to retail customers in all of this drug store's approximately 250 stores as well as through the drugstore's website.
"We are pleased to have partnered with such a well-established organization for our launch into the pharmacy category. This is a great opportunity for us," said President Ronnie Adams. "We believe that the MediPendant™ is a perfect product to be offered through drugstores and pharmacies in grocery stores. We announced a distribution agreement with one of the leading grocery chains in the United States two weeks ago and we are also in discussions with several other drugstore and grocery chains. 2010 looks to be a very exciting year for us," continued Mr. Adams.
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. We have built our reputation in the personal emergency response system ("PERS") and medical alert industry. With patented technology and state-of-the-art services, MAC is uniquely positioned to mobilize the right people, skills and alliances to ensure success and client satisfaction. Our design and support philosophy emphasizes industry best practices, while providing polished and savvy solutions. MAC's latest innovation is the development of its two-way voice speakerphone pendant technology. For more information, please visit our website at http://www.medicalalarmconcepts.com.
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