iNeedMD Signs Agreement With Turkish Distributor


NEW YORK, June 9, 2015 (GLOBE NEWSWIRE) -- iNeedMD Holdings, Inc. (OTC:NEMD) ("iNeedMD") a medical device development company, is proud to announce the signing of a distribution agreement with Mayar Medical, a leading supplier of medical equipment and devices in Istanbul, Turkey. Mayar Medical will represent iNeedMD's first-in-class disposable electrocardiogram lead set, The EKG Glove™ and related products, to public and private sector hospitals, physicians and emergency medical providers.

The EKG Glove™ is an FDA-cleared and CE-marked disposable medical device that standardizes and simplifies the acquisition of an electrocardiogram (EKG/ECG). An EKG assesses the electrical activity of an individual's heart and is one of the most enduring diagnostic tools utilized by cardiologists. Traditionally, the accuracy of the test has been dependent on a skilled technician's ability to correctly affix a complex network of 10 electrodes and 10 corresponding lead wires onto a patient's chest prior to initiating the EKG test. The configuration process for these 20 individual components can be time-consuming and fraught with the potential for error due to electrode misplacement or lead reversal.

The EKG Glove™ streamlines this usually cumbersome pre-test procedure by integrating pre-positioned electrodes and printed circuit technology into a single-use, "peel-and-stick" glove-like sheath. In approximately 30 seconds, a user can simply remove the backing, insert his or her right hand, and apply The EKG Glove™ to the patient's chest. The EKG Glove™ is versatile - it can be paired with legacy EKG machinery or with a Portable Bluetooth Interface device, also offered by iNeedMD, to facilitate EKG testing in virtually any location.

Thomas A. Nicolette, Chief Executive Officer and President of iNeedMD Holdings, Inc. commented, "We are excited to be launching The EKG Glove™ in the emergency medical sector due to the product's focus on time-efficiency, diagnostic accuracy and portability. We are thrilled to be working with the progressive sales and marketing team at Mayar Medical. Hakan Gürbüz, Mayar Medical's General Manager, has already shown his dedication to our products through the purchase of an initial inventory of The EKG Glove™ and attendance at various emergency medical congresses throughout Turkey. We look forward to supporting Mayar Medical's selling efforts, which are set to formally launch in the second half of 2015."

About iNeedMD Holdings, Inc.

iNeedMD Holdings, Inc., headquartered in New York City, develops and markets medical device solutions that enable individuals and their healthcare partners to easily acquire, store and export health- and wellness-related data in convenient, portable platforms. Please visit www.ineedmd.com for additional information.

Forward Looking Statements

This press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2014 and other filings made by the Company with the U.S. Securities and Exchange Commission.


            

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