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Medical Alarm Concepts Holding, Inc. [MDHI] Official


About Medical Alarm Concepts Holding, Inc.

About Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holdings, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant(R), a patented two-way and three-way voice technology, for the personal medical alarm marketplace. The MediPendant(R) has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

Medical Alarm Concepts Holdings, Inc. (MAC) develops and manufactures innovative products and practical solutions within the framework of a vast growing marketplace. MediPendant's(R) 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(R) 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 medical alert 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.




Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Discusses CEO's Live Interview on Clear Channel's "The Trader's Network Show"

KING OF PRUSSIA, PA--(Marketwired - Mar 11, 2015) - Medical Alarm Concepts Holding, Inc. (OTCBB: MDHI) (MDHI) (the Company), creator of the patented MediPendant® personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, today discusses the details of CEO Ronnie Adams' live interview on Clear Channel's "The Trader's Network Show."

Medical Alarm Concepts' (MDHI) CEO and Director Ronnie Adams was interviewed live on Saturday, March 7, 2015, by host Michael Yorba on Clear Channel - iHeart Business Talk Radio's "The Trader's Network Show." In this exclusive interview, Mr. Adams discussed the unique features and functions of their flagship product, the MediPendant® medical alarm. He also talked about the iHelp™, their new mobile medical alarm (mPERS). The iHelp ™ mobile medical alarm or mPERS enables the user to wear and use their medical alert pendant both inside and away from their home. Unlike regular home medical alert systems, these mobile medical alert pendants will work anywhere there is cellular service, enabling even active users to enjoy the benefits of a medical alarm while on the go. One of the iHelp's™ most attractive features is the 'Locate Loved One,' which enables a friend and/or family member to pinpoint the exact location of the iHelp™ user at any time using the proprietary GPS locator in the unit, Google maps, and a standard smart phone. This function adds an additional level of security and peace of mind to the user and their loved ones.

Mr. Adams also discussed a few of the initiatives that the Company is currently working on and/or has closed in the past few months. These include:

A pilot program with a large international Healthcare Company in the overseas market. The pilot program will include four hundred (400) users and two (2) hospitals, with an implementation plan for providing this solution to several dozen hospitals over the next year.
A recently signed agreement with APS Healthcare, a subsidiary of Universal American Corporation. Cal MediConnect is a program launched by the Federal government which brings together Medicare and Medicaid benefits under one umbrella, and offers individuals care coordination and support that promotes healthy independent living.
The Company is also in the final stages of being approved as a certified vendor for the Veteran's Administration (VA). Certified vendors are able to offer their products to VA Hospitals and other Veteran-related healthcare programs and services throughout the country.
"We are very excited about the opportunity to work with the Veteran's Administration. We have been going through the vetting process for several months now and have been assured that we are very close to being approved as a certified vendor," said Jennifer Loria, Vice President of Corporate Development. "We are looking forward to offering Veterans and their families our products and services, and providing them with security and peace of mind while they are at home."

In the final moments of the radio program, Mr. Adams expressed his optimism regarding the Company's new initiatives and the realignment of the business plan. He anticipates that these changes will positively affect the Company's stock price so that it becomes a truer reflection of the solid performance of the business.

To listen to the entire interview, click here.

About Medical Alarm Concepts Holding, Inc. Medical Alarm Concepts Holding, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant® a patented two-way and three-way medical alarm, as well as the iHelp™ mobile medical alert, a state-of-the-art mobile personal emergency response system (mPERS). The MediPendant® has been featured in nationally renowned retailer, Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

For more information, please visit our websites at www.medipendant.com and www.ihelpalarm.com.

Medical Alarm Concepts Holding, Inc.

CEO and Director Ronnie Adams of Medical Alarm Concepts to Be Interviewed Live on Clear Channel's "The Trader's Network Show"

KING OF PRUSSIA, PA--(Marketwired - Mar 6, 2015) - Medical Alarm Concepts (OTCQB: MDHI), the creator of the MediPendant® a patented two-way and three-way medical alarm, announced today that its Chief Executive Officer (CEO) and Director Ronnie Adams, will be interviewed live on Saturday, March 7, 2015 at 1:30pm ET by host Michael Yorba on Clear Channel - iHeart Business Talk Radio's "The Trader's Network Show." In this exclusive interview, Mr. Adams will discuss the unique features and functions of their flagship product, the MediPendant® medical alarm. He will also discuss: the iHelp™, their new mobile medical alarm (mpers). The iHelp™ is an easy to use, lightweight, yet rugged pendant, with advanced features such as a proprietary GPS tracking and a "find loved one feature" to pinpoint a user's location, patented voice prompts so the user knows that their call has gone through, full battery supervision, and the most reliable cellular coverage and service, so the user can feel comfortable taking their iHelp™ anywhere they go. 

The Company has a robust business plan for growth in the coming year and is planning several acquisitions as well as new product development and key enhancements to the existing products.

We encourage all shareholders, analysts, industry professionals and interested parties to tune in live. The details and link to iHeart Radio's live worldwide steam are below.

Date: March 7, 2015 
Start Time:  1:30pm ET | 10:30am PT | 12:30pm CT 
Network: Clear Channel / iHeart Radio
Station: DFW 1190AM KFXR
KFXR Show: The Traders Network Show
Host: Michael Yorba
Live iHeart Radio Stream: http://www.iheart.com/live/4276/?autoplay=true

About Clear Channel
Clear Channel's Media and Entertainment division has the largest reach of any radio or television outlet in America with 243 million monthly listeners. It serves 150 cities through 850 owned radio stations in the U.S., as well as more than 140 stations in New Zealand and Australia. For more information visit its website at www.clearchannel.com.

About The Traders Network Show
For the past six years "The Traders Network Show" has been hosted and broadcasted live daily on Clear Channel DFW 1190AM KFXR from 7am - 8am, Monday-Friday and Saturdays from 1pm - 3pm ET. Host Michael Yorba interviews the front-page titans about the latest in capital markets, CEO milestones, trading tools, real estate acquisitions and market trends. Learn how the experts use risk management techniques to build fully diversified portfolios and what it takes to put up big board earnings. It's a fast moving, high-energy show that presents stocks, commodities, bonds, forex, derivatives, real estate, political trends, technology trends, crowd funding and investment insights in a new light and keeps audiences asking for more... shift your thinking and join us as we deliver "tomorrow's ideas today" on iHeart Radio and Clear Channel's The Traders Network Show.

About CEO and Director Ronnie Adams
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.

About Medical Alarm Concepts
Medical Alarm Concepts Holding, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant® a patented two-way and three-way medical alarm, as well as the iHelp™ mobile medical alert, a state-of-the-art mobile personal emergency response system (mPERS). The MediPendant® has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars out of 5 Stars."

Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Announces Successful Integration of iHelp Mobile Medical Alarm With Central Station Operations

KING OF PRUSSIA, PA--(Marketwired - Feb 24, 2015) - Medical Alarm Concepts Holding, Inc. (OTCBB: MDHI) (MDHI) (the Company), creator of the patented MediPendant® personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, today announces the successful integration the iHelp™ mobile medical alarm with central station software and services, ensuring seamless performance between the functions.

Medical Alarm Concepts has been working with a limited number of central stations in order to create what the company calls 'iHelp™ licensed monitoring agents.' A central station becomes an iHelp™ licensed monitoring agent by working directly with the company's integration team to ensure seamless functionality between the iHelp™ device and the monitoring center's software and staff. This includes formatting the iHelp™ messages in such a way that the central station is able to receive and interpret them based on their system's requirements, establishing a monitoring profile to ensure that all alarm events can be captured and acted upon, and testing this customized process flow in real-time with live operators to confirm complete workability.

The company currently has several iHelp™ licensed monitoring agents, and is working with several other central stations to integrate them as well. Medical Alarm Concepts is hoping to have at least 7 iHelp™ licensed monitoring agents by the end of the 2nd quarter 2015.

The iHelp ™ mobile medical alarm or mPERS enables the user to wear and use their medical alert pendant both inside and away from their home. Unlike regular home medical alert systems, these mobile medical alert pendants will work anywhere there is cellular service, enabling even active users to enjoy the benefits of a medical alarm while on the go. One of the iHelp's™ most attractive features is the 'Loved One Locate', which enables a friend and/or family member to pinpoint the exact location of the iHelp™ user at any time using the proprietary GPS locator in the unit, Google Maps, and a standard smart phone. This function adds an additional level of security and peace of mind to the user and their loved ones. 

"The fact that we have successfully integrated the iHelp™ mobile medical alarm with central station functions is a big step in ensuring that the dealer and the end-user have a positive experience with our products and services," explained Anthony Chetta, Vice President of Information Technology at Medical Alarm Concepts. "Our goal is to eliminate as much of the manual processing as possible, in order to avoid human error, and to ensure the safety and satisfaction of our customer is sustained."

For more information about the iHelp™, go to www.ihelpalarm.com.

About Medical Alarm Concepts Holding, Inc.
Medical Alarm Concepts Holding, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant® a patented two-way and three-way medical alarm, as well as the iHelp™ mobile medical alert, a state-of-the-art mobile personal emergency response system (mPERS). The MediPendant® has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars out of 5 Stars."

For more information, please visit our website at www.medipendant.com.


Contact:
CONTACT:
Medical Alarm Concepts Holding, Inc.
info@medalarmco.com
877-639-2929 ext 113

Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Launches a Fully Integrated Online Management System for Its iHelp Mobile Medical Alert Device

KING OF PRUSSIA, PA--(Marketwired - Feb 17, 2015) - Medical Alarm Concepts Holding, Inc. (OTC PINK: MDHI) (the Company), the creator of the patented MediPendant® personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, today announces the launch of a fully integrated online service solution designed specifically for dealers and distributors of the recently released mobile medical alert device, the iHelp™.

The iHelp™ online management system provides a front facing dealer portal, which can be accessed by going to https://portal.ihelpalarm.com/. The portal enables dealers to manage their iHelp™ devices and user accounts, while simultaneously pushing this data to the back end system, telematics interfaces, and monitoring center account interface in real-time. The system provides seamless integration and automation of inventory management, along with robust reporting capabilities, and greatly reduces overhead and manual processing for increased efficiency and accuracy. It will no longer be necessary for the dealer to go through multiple steps to get their medical alarm systems programmed, re-programmed and/or updated.

The customized and proprietary back end system enhances Medical Alarm Concept's business model and process flow. There are currently three (3) monitoring companies that have been fully integrated into the system. The Company is continuing to work directly with additional participating monitoring centers to integrate their account management systems into the dealer portal, thereby enabling the dealer to communicate with the monitoring center of their choice.

Medical Alarm Concepts plans to enhance the portal in the near future with interactive webinars and important product updates in a continuing effort to support the dealer as effectively as possible. The company is also pressing ahead with the increasing demand for the iHelp™. One thousand (1000) additional units have been ordered and are expected to be available in the beginning of March 2015.

Speaking about the new online portal and gateway, Vice President of Information Technology, Anthony Chetta stated, "We are very excited about the dealer portal and its ability to provide a full service back end system for our iHelp™ dealers. We will continue to enhance the services available on the portal in an effort to provide more efficient and effective processes and procedures for the Company and our customers."

About Medical Alarm Concepts Holding, Inc.
Medical Alarm Concepts Holding, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant®, a patented two-way and three-way medical alarm, as well as the iHelp™ Mobile Medical Alert, a state-of-the-art mobile personal emergency response system (mPERS). The MediPendant® is featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

For more information, please visit our website at www.medipendant.com or www.ihelpalarm.com.

Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Announces Record Demand for iHelp Mobile Medical Alarm

KING OF PRUSSIA, PA--(Marketwired - Feb 10, 2015) - Medical Alarm Concepts Holding, Inc. (OTC PINK: MDHI) (MDHI) (the Company), creator of the patented MediPendant® personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, today announces record demand for its newly launched next generation mobile medical alert device, the iHelp™.

Medical Alarm Concepts has had an overwhelmingly positive response from dealers and distributors regarding the features, functionality, and affordability of the new iHelp™ mobile medical alarm. From the initial one thousand (1000) manufactured units received by Medical Alarm Concepts last week, two hundred and fifty (250) units units have now been shipped to distributors, while another two hundred and fifty (250) are scheduled for shipping. Early market feedback demonstrates that demand for the iHelp™ could surpass Medical Alarm Concepts' inventories. In anticipation of this increase in demand, the company has ordered additional units for delivery as soon as possible.

Mobile medical alarms or mPERS enable the user to wear and use their medical alert pendant both inside and away from their home. Unlike regular home medical alert systems, these mobile medical alert pendants will work anywhere there is cellular service, enabling even active users to enjoy the benefits of a medical alarm while on the go. According to market research firm, Frost & Sullivan, the mPERS market is expected to gain significant traction to become the preferred single emergency deployment technology for new sales by the end of 2017.

With the launch of the iHelp™, Medical Alarm Concepts has positioned itself for expansion and growth. And, in its commitment to ensure full transparency with shareholders, Medical Alarm Concepts is also currently in the process of finalizing all financials for its second quarter filings ending December 31, 2014. These current filings would continue its pledge to file all SEC documents in a timely manner.

Preliminary unaudited highlights for the second quarter filings include growing sales quarter-over-quarter, as well as increases in expenses solely attributed to the development of the iHelp™, including manufacturing, research & development and marketing expenses, in addition to increased overhead costs due to new personnel hires. Medical Alarm Concepts is confident that the launch of the iHelp™, the continuing research and development of new products and services, and an updated business plan, will translate to increased gross profits that will far outweigh the current increases in expenses. 

"The mobile medical device market presents an exciting opportunity for Medical Alarm Concepts. We've launched the iHelp™ with an expressed objective of providing a unique, innovative, and affordable solution for seniors and anyone concerned about their well-being. We anticipate continued growth in demand for the iHelp™ medical alert device and are continuing to develop other products in the evolving mobile medical arena. This is just the beginning," said President and CEO, Ronald Adams.

For more information about the iHelp™, please visit our website at www.ihelpalarm.com.


Contact:
CONTACT:
Medical Alarm Concepts Holding, Inc.
info@medalarmco.com
877-639-2929 ext 113

Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding Announces Launch of Next Generation Mobile Medical Alarm

KING OF PRUSSIA, PA--(Marketwired - Feb 3, 2015) - Medical Alarm Concepts Holding, Inc. (OTCBB: MDHI) (the Company), creator of the patented MediPendant® personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, announces today the launch of the iHelp™ mobile medical alarm, a next generation medical alert device with superior features and functions, at a very competitive price.

The iHelp™ mobile medical alarm is the latest medical alarm device to enter the mPERS or mobile personal emergency response system market. Mobile medical alarms enable the user to wear and use their medical alert pendant both inside and away from their home. Unlike regular home medical alert systems, these mobile medical alert pendants will work anywhere there is cellular service, enabling even active users to enjoy the benefits of a medical alarm while on the go.

Weighing in at less than 2.5 ounces, the iHelp™ is lightweight and compact, yet offers powerful communication capabilities. The iHelp™ has three (3) times more battery power than regular medical alarms, and users get up to seventy-two (72) hours per full battery charge. Advanced functions of the iHelp™ device include the ability for the user to send their location directly to the iHelp™ operator or a loved one, using its own dedicated GPS navigation system. It also carries a lost pendant location function, so if the pendant is ever misplaced, the iHelp™ operator can help to locate it. Additionally, the unit has a unique 'Find Me Function', which enables loved ones to pinpoint the location of their family member at any time, by using either an iOS or Android Smartphone and Google Maps.

The launch of iHelp™ in addition to Medical Alarm Concepts' existing product, the MediPendant®, allows the company to offer a variety of product options to a growing consumer base, both domestically and internationally. The medical alarm market is rapidly expanding. The global market for medical alert systems is expected to grow from approximately $14.1 billion in 2013 to $21.6 billion by 2020 according to the National Institute of Health. An aging population in North America has created a unique and significant opportunity for companies that manufacture medical alarms. Over the next four years, medical alarms are expected to shift from a basic alarm systems model, to a more integrated medical service and monitoring model. This will create even greater opportunities for companies such as Medical Alarm Concepts.

"The addition of the iHelp™ mobile medical alarm to our product line will enable Medical Alarm Concepts to increase its market share, as well as further build and innovate on top of our existing platforms. The market for mobile personal emergency response systems is only in the beginning phase of growth, thus iHelp™ provides Medical Alarm Concepts a strong first-movers advantage," said MDHI CEO & President, Ronnie Adams.

With the release of this next generation mobile medical alarm, Medical Alarm Concepts anticipates a substantial increase in its revenues and gross margins. For additional information about the iHelp™, go to www.ihelpalarm.com.

Contact:
CONTACT:

Medical Alarm Concepts Holding, Inc.
info@medalarmco.com
877-639-2929 Extension 113


Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Announces 51% Acquisition of Medical Sales Group

KING OF PRUSSIA, PA--(Marketwired - Jan 28, 2015) - Medical Alarm Concepts Holding, Inc. (OTC PINK: MDHI) (the Company), creator of the patented MediPendant® personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, announces today that it has acquired a 51% equity stake in Medical Sales Group, LLC (Medical Sales Group).

Medical Sales Group was formed in 2014 as a vehicle for acquiring companies in the rapidly expanding medical and telehealth fields. Their initial acquisition was funded with one million dollars ($1,000,000) and consists of cash as well as existing medical alert accounts that were purchased at advantageous multiples of its monthly recurring revenue. This acquisition provides immediate value to Medical Alarm Concepts' shareholders in terms of the additional monthly recurring revenue. Furthermore, Medical Sales Group has extended a $300,000 line of credit to the Company to be used for new product research and development. Medical Sales Group has three (3) additional acquisitions currently in the pipeline. The acquisition of 51% of Medical Sales Group was in exchange for one million (1,000,000) shares of MDHI common stock.

"We are delighted with the acquisition of Medical Sales Group. This acquisition provides our company with the leverage and flexibility to grow our market presence, bring new products to the marketplace and create tremendous shareholder value." -- Ronnie Adams, CEO and President, Medical Alarm Concepts.

As a result of this acquisition, Medical Alarm Concepts is expecting to launch a new, state-of-the-art medical device as early as next month. Pre-orders of the new device have already surpassed expectations.

About Medical Alarm Concepts Holding, Inc.
Medical Alarm Concepts Holding, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant®, a patented two-way and three-way voice technology, for the personal medical alarm marketplace. The MediPendant® has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.For more information, please visit our website at www.medipendant.com.

Contact:
CONTACT:
Medical Alarm Concepts Holding, Inc.
info@medalarmco.com
877-639-2929 Ext 113


Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts -- Current State and Growth Initiatives

Medical Alarm Concepts has developed a new business model that incorporates not only the launch of a new product through several initiatives, but also a plan to grow the business through acquisitions
Medical Alarm Concepts
Dec 17, 2014 3:08 AM
GlobeNewswire

KING OF PRUSSIA, Pa., Dec. 17, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Medical Alarm Concepts Holding, Inc. (MDHI) (the "Company"), is the manufacturer of the first fully-monitored medical alarm system that allows the user to speak and listen directly through the pendant. Today, President and CEO, Ronald Adams, provides investors with an update on the current state of the Company.

The Company has updated its financial reporting, made 16 filings within the past 12 months, is now current in its filings and is fully compliant in its reporting as publicly traded OTC Company.

In order to become a profitable operation, MDHI has issued additional stock to convert highly leveraged debt and improve its balance sheet. As a direct result of the costs associated with the stock conversion, Selling, General, and Administrative expenses for the year ending June 30, 2014 increased. This was a one-time event. The associated expenses will not appear in upcoming financials. All the derivative liabilities and the underlying warrants that have been part of our financial statements for the past few years are no longer a part of MDHI and its capital structure. All have been retired as a result of the conversion of the debt to equity.

The working capital deficit mentioned in our filings has not increased significantly over the past year, and the stockholders' deficit has remained fairly constant as well. Management believes that the Company has made a tremendous turnaround in the past 12 months and we continue to work to improve our financial condition. Management anticipates that the Company will soon be in a position to announce its plans to launch a new product line which will increase revenue and improve productivity.

We anticipate increased sales in 2015. The Company has entered into distribution agreements in several countries and anticipates its sales to increase in 2015 from its international channels. The Company's anticipated increased sales will also come from new initiatives and product line. To clarify this further, a significant amount resources have been deployed on the development of a new, innovative, and technically-advanced product. The product has been designed, tested, and is currently being manufactured.

The Company has developed a new business model that incorporates not only the launch of this new product through several initiatives, but also a plan to grow the business through acquisitions.

Additional personnel have been hired to help implement these programs. These include:

Principal Engineer - with over 20 years of relevant experience, the Principal Engineer is responsible for evaluating and recommending new technologies in the industry as well as overseeing the development of new products for the Company;

Director of Strategic Partnerships -- The Director of Strategic Partnerships has owned and operated PERS (Personal Emergency Response System) businesses and has been active in the Senior Care market for over 19 years. The primary responsibility of the Director is to manage the Company's strategic acquisitions and to develop and implement the sales and marketing plan for new products and services;

-and -

Vice President of Operations - with over 10 years of experience in systems and software design, programming, integration, implementation, and support, the VP of Operations is responsible for the design and development of all internal/external systems for new and existing products and programs.

The increase in Company expenses in the last quarter has been a direct result of the re-alignment of the Company's business model. These were expensed, not capitalized. While we anticipate an increase in overhead, management is optimistic that these changes will lead to an increase in sales and profit, and that increase will exceed the additional overhead charges.

"It is the time of the year to give thanks, so we would like to take this opportunity to thank our investors for standing by MDHI, and for helping us to get to where we are today. I am certain that 2015 will be a successful year for our Company. Happy Holidays to you and your families." -- Ronnie Adams, CEO and President, MDHI.

About Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holdings, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant(R) a patented two-way and three-way voice technology, for the personal medical alarm marketplace. The MediPendant(R) has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

For more information, please visit our website at http://www.medipendant.com.

CONTACT
Medical Alarm Concepts Holding, Inc.
info(at)medalarmco(dot)com
877-639-2929 Ext 113
SOURCE: Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Announces New Agreement with APS Healthcare Providing Exposure to 1.4 Million Members

KING OF PRUSSIA, PA / ACCESSWIRE / November 12, 2014 / Medical Alarm Concepts Holding, Inc. (OTC Pink: MDHI) (MDHI) (the "Company"), creator of the patented MediPendant(R) personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, announces a new agreement with APS Healthcare, a subsidiary of Universal American Corporation (NYSE). The MediPendant(R) will be available to the more than 1.4 million members of Cal MediConnect via their L.A. Care Health Plan.

Cal MediConnect is a pilot program launched by the Federal government which brings together Medicare and Medicaid benefits under one umbrella, and offers individuals care coordination and support that promotes healthy independent living. The network is comprised of services administered by the L.A Care Health Plan. Some of the services offered include respite care, personal care services, and meal delivery. By January 2015, more than 15,000 people are expected to be enrolled under APS Healthcare's Care Plan Option (CPO) Network. The monthly monitoring fee for the MediPendant(R) service will be covered by the plan and will be of no cost to the plan member.

"Our collaboration with APS Healthcare presents a unique and exciting opportunity for sales of our MediPendant(R) medical alarm to a large, captive audience," said company Vice President of Corporate Development, Jennifer Loria. "Working directly with APS' L.A. Care Health Plan is a very exciting opportunity for Medical Alarm Concepts. Our target audience, as well as our goal of keeping people safely and comfortably in their own homes, is absolutely aligned with L.A Care."

California is expected to age faster than the rest of the nation. According to census data, the number of people in the state over 65 was 4.3 million. That number is expected to double over the next twenty years and by 2030 will reach nearly 9 million.

For more information on L.A. Care Health Plan's Cal MediConnect program, visit http://calmediconnectla.org.

About Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holdings, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant(R), a patented two-way and three-way voice technology, for the personal medical alarm marketplace. The MediPendant(R) has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011, and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

For more information, please visit our website at 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.

CONTACT:

Medical Alarm Concepts Holding, Inc.
info@medalarmco.com
877-639-2929 ext. 113

SOURCE: Medical Alarm Concepts Holding, Inc.



Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Announces Month-Long, 2-Minute Commercial Airing on Cablevision's News12 in November,

KING OF PRUSSIA, PA / ACCESSWIRE / November 6, 2014 / Medical Alarm Concepts Holding, Inc. (OTC Pink: MDHI) (MDHI) (MDHI) (the "Company"), creator of the patented MediPendant(R) personal medical alarm device, that provides users with a reliable way to communicate with emergency personnel and/or loved ones whenever medical assistance is needed, announces the launch of a 2-minute commercial to air on Cablevision's News12 for the entire month of November 2014.

The commercial features Medical Alarm Concepts Holding, Inc.'s patented medical alert product, MediPendant(R), the first medical alarm device that allows users to speak and listen directly through the pendant.

The 2-minute commercial will air 200 times during the month of November and offers a unique and direct offering to viewers such as 3 months of FREE monitoring and a 45-day money back guarantee. Viewers can call either 800-251-3129 or 800-252-6257 or go to www.medipendant.com to order.

News12 is owned by Cablevision Systems Corporation, a leading telecommunications and media company with a portfolio of operations that includes a full suite of advanced digital television, voice and high-speed Internet services, and valuable local media and programming properties.

The commercial will air specifically on News12 Connecticut and News12 Westchester. News12 Connecticut falls within the targeted demographics for the MediPendant(R) medical alarm device. 50% of the targeted audience has household income of $75,000+ while a further 30.7% has a household income between $35,000 and $74,999. 55.7% of the target audience for News12 Westchester has a household income of $75,000+ while 27.3% has a household income between $35,000 and $74,999.

The elderly population in Connecticut is expected to grow 57% by 2040. Connecticut is aging, and undergoing "a permanent and historic transformation in its demographics," according to Connecticut's Legislative Commission on Aging (CLCA). According to the CLCA's Connecticut for Livable Communities report, the life expectancy for Connecticut residents is 80.8 years of age - the third highest in the nation. The situation is similar for Westchester County, where the percentage of adults 65 and older is 15.4%, higher than New York State's 14.4%, and the nation's 14.1%, according to U.S. Census data.

The demand for elderly care technology will undoubtedly increase with the aging population and therefore presents unprecedented opportunities for Medical Alarm Concepts Holding, Inc. The aging U.S. population continues to drive demand for products like the MediPendant(R). Gartner estimates that by 2050, aging will be a major driver for technology innovation and spending. The research firm predicts that combined disposable income by family and friends of those in need of specialist care will reach more than $8 trillion.

"We are excited at the opportunity presented by this new one-month televised campaign for our flagship product, the MediPendant(R). News12 Connecticut and News12 Westchester combined, give us incredible access to our target demographic. We are confident that many of these viewers may be in need of our patented medical alarm product. The MediPendant(R) medical alarm will enable them to remain in their own homes with peace of mind and the security of knowing that they can get help in the event of an emergency," said company Vice President of Corporate Development, Jennifer Loria.

The launch of this new commercial for MediPendant(R) marks just one of the milestones for Medical Alarm Concepts Holding, Inc. in the last few months. The company recently confirmed via its June 30, 2014 10-K filing with the SEC that it has reached fully reporting status and intends to maintain continued timely outreach to existing shareholders. Plans are also underway for further product innovation and corporate growth.

About Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holdings, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant(R) a patented two-way and three-way voice technology, for the personal medical alarm marketplace. The MediPendant(R) has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

For more information, please visit our website at 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.

CONTACT:

Medical Alarm Concepts Holding, Inc.
info@medalarmco.com
877-639-2929 Ext 113

Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holding, Inc. Announces Latest 10-K Filing, Marking A 533% Increase in Gross Profit YOY

KING OF PRUSSIA, PA / ACCESSWIRE / November 4, 2014 / Medical Alarm Concepts Holding, Inc. (OTC Pink: MDHI) (MDHI) (MDHI) (the "Company"), creator of the patented MediPendant(R) personal medical alarm device that provides users with a reliable and innovative way to communicate with emergency personnel and loved ones whenever medical assistance is needed, today announced the release of its June 30, 2014 10-K filing with the SEC. This filing establishes the company as both fully compliant with the SEC, and as fully reporting, and also marks the continued and significant turnaround of the company.

Net sales generated during the year ended June 30, 2014 and 2013 were $1,153,693 and $572,712, respectively; representing a 101% or $580,981 increase. The sales were generated through distributors, resellers, and direct sales to consumers. The company changed its strategic business direction toward a more widespread product distribution, resulting in the dramatic increase in net sales for the year ended June 30, 2014.

Gross profit generated during fiscal 2014 was $829,190. This represents a 533% or $698,266 increase from the year prior. The gross profit margin for 2014 and 2013 was 72% and 23%, respectively. The increase in gross profit margin was due to a substantial increase in recurring revenue generated from monthly monitoring services.

"A little over two years ago we made a commitment to our investors that we would provide them with financial transparency. We have completed financial audits for the years ending June 30, 2012, 2013, and 2014. I am proud to say that we are now both a fully compliant and a fully reporting company," said Ronnie Adams, CEO of Medical Alarm Concepts.

In an effort to strengthen the balance sheet, the company is now virtually debt-free except for trade payables and a patent payment. The improvement in the company’s financial health through the substantial reduction of the majority of outstanding debts, and the inevitability of achieving fully reporting status, has created greater opportunity to grow the company and focus on exploring strategic initiatives, such as acquisitions and an expansion of the existing product line.

"Our short and long-term goal is to maintain fully reporting status. The strong performance in fiscal year 2014 is a major stepping stone for the company. We are working to expand upon this success in an effort to provide our shareholders with significant growth opportunity," added company CEO, Ronnie Adams.

About Medical Alarm Concepts Holding, Inc.

Medical Alarm Concepts Holdings, Inc., a publicly traded company under the symbol MDHI, is the creator of the MediPendant(R), a patented two-way and three-way voice technology, for the personal medical alarm marketplace. The MediPendant(R) has been featured in nationally renowned retailer Costco Wholesale Corporation since 2011 and has received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars.

For more information, please visit our website at 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.

CONTACT:

Medical Alarm Concepts Holding, Inc.

info@medalarmco.com

877-639-2929 Ext 113

SOURCE: Medical Alarm Concepts Holding, Inc.




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Medical Alarm Concepts Holding, Inc.

Form 10-K for MEDICAL ALARM CONCEPTS HOLDINGS INC


ITEM 7.
Management's Discussion and Analysis of Financial Condition and Results of Operations

The following discussion and analysis should be read in conjunction with our consolidated financial statements and the notes thereto in Part II, Item 8 to this Annual Report on Form 10-K. This discussion contains forward-looking statements reflecting our current expectations. Actual results and the timing of events may differ significantly from those projected in forward- looking statements due to a number of factors, including those set forth in Item 1A "Risk Factors" of this Annual Report on Form 10-K.

Given these uncertainties, readers of this filing and investors are cautioned not to place undue reliance on such forward-looking statements.

Overview and Recent Events

Medical Alarm Concepts Holding, Inc. was organized in mid 2008. The operation was financed with a considerable amount of toxic convertible debt. This type of financing, along with several other issues, prevented the Company from realizing a robust growth rate for its first few years of operation. Since that time considerable management time has been spent and investor money utilized to turn the Company's operation around. As of the date of this filing, Medical Alarm Concepts is currently experiencing a robust growth rate, quality relationships with quality customers, a significantly improved balance sheet, and most importantly, the Company has now reached operational positive cash flow status.

The Company's product is called the MediPendant�, which is a personal emergency alarm that is mainly purchased by adults for their aging parents. While it is primarily a device for older people, there is also a market for those who are physically disabled, as well as for persons living alone. The MediPendant� device has significant feature and function advantages over other personal medical alarms in the marketplace today. Approximately 70% of all medical alarms currently being sold in the United States are first-generation technologies that require the user to speak and listen through a central base station unit. If the user of one of these older generation products is not within speaking or listening distance to the base station, the user may not be heard by the operator in the centralized emergency monitoring center.

The MediPendant� enables the wearer to simply speak and listen directly through the pendant in the event of an emergency. The MediPendant� is designed to be worn in the bath or shower and offers a 600-foot range so that the wearer can operate the unit from virtually anywhere within their home or on their property.. The product is extremely durable, very reliable and offers an extremely long battery life

The MediPendant� has strong intellectual property patent protection. The patent protects a unique feature of the product, which is voice prompts that alert the user of the operational status of the device and that help is being summoned upon alarm activation.

During December of 2011, the Company announced the MediPendant� would be distributed by Costco Wholesale Corporation. Costco is one of the largest retailers in not only the United States, but throughout the world with approximately 75,000,000 customers. The Company's relationship with this retailer has been strong, sales are occurring on a daily basis, and customer satisfaction is high. The Company successfully runs sales programs at Costco including email blasts, Costco.com coupons, and assorted other promotions. The MediPendant� product will continue to be included in Costco promotions with more scheduled for later in 2014 and early 2015. The MediPendant� has now received 28 product reviews on the retailer's website, 21 of which are "5 out of 5 Star" ratings. The average rating is "4.5 Stars" out of 5 Stars

The Company has also had successes internationally with new distribution agreements in Denmark and Ireland. Additionally, the Company is currently working on a distribution/joint venture with JTT-EMS, which is a company located just outside of Beijing, China. Medical Alarm Concepts is expecting steady growth from its international markets extending into 2014. The Company also distributes the MediPendant� through Internet marketing and through various outside call centers. Significant investment is planned to expand sales opportunities relative to these areas.

The Company received an investment led by strategic partner, JTT-EMS LTD of Shijiazhuang, China. Under the terms of the investment, JTT-EMS LTD purchased Common Stock in a private placement transaction and has indicated to the Company that it plans to hold these shares as a long-term investment. The financing, including additional investments by current shareholders total up to approximately $330,000. There are no warrants or options associated with this investment. As more fully noted below, funds received will primarily be used to rebuild inventory levels to meet the growing demand and to pay professional fees associated with returning the Company to fully reporting status.

On December 10, 2013, the Company entered into a Global Settlement Agreement (the "Agreement") with the holder of its credit line and major shareholders. Under the terms of the agreement, all of the Company's credit line and accrued interests on credit line were forgiven and all of the convertible debt would be converted to common shares, except for the balance of $25,908.

In exchange for the credit line cancellation and the conversion of convertible debt, both parties agreed on the following terms: 1) the management team agreed to modify its September 19, 2011 agreement with the Company giving up all anti-dilution rights, 2) the Company agreed to take steps to increase the number of authorized shares to accommodate the debt conversions and would complete a reverse split of its shares, 3) The Company would file a registration statement with the SEC, and 4) the Company would continue to file past due periodic reports with the SEC on Forms 10-Q and 10-K in order to return the Company to full reporting status, a process that is complete upon the filing of this 10-K.

We believe upcoming balance sheets, on which we expect to be free of nearly all long-term debt and free of warrants, options and minimal outstanding preferred stock, will more accurately reflect the true value of our growing company.

The Company expects calendar years 2014 and 2015 to show continued growth in both monthly recurring revenues and distribution sales, which will allow the Company to realize sustainable positive operating cash flow. We believe the growth rate and the positive operating cash flow we are currently realizing is sustainable into 2015 and beyond.

Going Concern

These consolidated financial statements are presented on the basis that we will continue as a going concern. The going concern concept contemplates the realization of assets and satisfaction of liabilities in the normal course of business.

As disclosed in note 3 to the accompanying consolidated financial statements, the Company has working capital deficit of $635,937, did not generate cash from its operations, had stockholders' deficit of $2,036,440 and had operating losses for past two years. These circumstances, among others, raise substantial doubt about the Company's ability to continue as a going concern.

While the Company is attempting to generate sufficient revenues, the Company's cash position may not be enough to support the Company's daily operations. Management intends to raise additional funds by way of a public or private offering. Management believes that the actions presently being taken to further implement its business plan and generate sufficient revenues provide the opportunity for the Company to continue as a going concern. While the Company believes in the viability of its strategy to increase revenues and in its ability to raise additional funds, there can be no assurances to that effect. The ability of the Company to continue as a going concern is dependent upon the Company's ability to further implement its business plan and generate sufficient revenues.

The consolidated financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.

Results of Operations

Net Sales

Net sales generated during the years ended June 30, 2014 and 2013 were $1,153,693 and $572,712, respectively; representing a 101% or $580,981 increase, resulting from a change in strategic business direction toward more widespread product distribution and away from reliance on only a few resellers and distributors. This Company believes this change in business direction will lead to stronger growth and margins and higher overall sales during future periods. During 2014 and 2013, net sales were generated from sales to distributors, resellers and from direct sales to consumers who pay the Company for monthly monitoring services.

Cost of Revenue

Cost of revenue incurred during years ended June 30, 2014 and 2013 were $324,503 and $441,788, respectively, representing a 27% or $117,285 decrease. The decrease of cost of sales was mainly due to the Company changed its strategic business direction and generated more revenue from providing monitoring services to customers. Revenue from monitoring services normally generate higher gross profit.

Gross Profit

Gross profit generated during fiscal 2014 and 2013 was $829,190 and $130,924, representing a 533% or $698,266 increase. The gross profit margin for 2014 and 2013 was 72% and 23%, respectively. The increase in gross profit margin was mainly due to more revenue generated from monitoring services which has higher gross profit margin.

Selling Expenses

Selling expenses incurred during fiscal 2014 and 2013 was $212,133 and $244,162, respectively. The $32,029 was a 13% decrease compared to the previous period. During fiscal 2014, the Company began to shift its sales emphasis more toward consumer marketing, which contributed to the reduction in sales expenses.

General and Administrative

General and administrative expenses for fiscal 2014 and 2013 were $1,695,423 and $628,273, respectively; representing 170% or $1,067,150 increase. During the year ended June 30, 2014, the Company issued 1,493,669 shares of common stocks to management pursuant to Global Settlement Agreement and recorded stock compensation expense of $ 955,948. The Company also issued 50,000 shares of common stocks to a shareholder for consulting services, during the year ended June 30, 2014, which was valued at $38,500. During the year ended June 30, 2013, stock compensation expense was $28,267.

Change in Fair Value of Derivative Instrument

Changes in fair value of derivative instrument generated $1,514,947 and $4,500,057 income during fiscal 2014 and 2013, respectively. This was due to a lower value of the derivative liability and lower amount of convertible notes outstanding at June 30, 2014.

Interest Expense

Interest expense for fiscal 2014 and 2013 were $211,540 and $569,460, respectively. The $357,920 or 62% decrease in interest expense was mainly due to decreased amount of interest expense recorded on the excess of derivative liability over the amount of the convertible debt, which was recorded as interest expense at the inception of the note, amortization of debt discount and interest expense for credit line and convertible notes.

Net Income

Net income generated during 2014 and 2013 was $225,041 and $3,189,086 income respectively for the reasons stated above.

Liquidity and Capital Resources

As of June 30, 2014 and 2013, we had $7,673 and $5,857 in cash, respectively.

During fiscal 2014 and 2013, operating activities used net cash of $25,684 and $497,120, respectively. Main reasons for the $471,436 or 95% decrease in net cash used in operating activities were outlined below:

1. Net income generated during 2014 and 2013 was $225,041 and $3,189,086, respectively;
2. Stock issued for services was $994,448 and $28,267 in 2014 and 2013, respectively;
3. Changes in fair value of derivative instrument during 2014 and 2013 generated non-cash income of $1,514,947 and $4,500,057, respectively;
4. Non-cash interest expense during 2014 and 2013 was $28,991 and $337,857, respectively;
5. During fiscal 2014 and 2013, the increased of accounts receivable generated net cash inflow of $33,249 and $10,792, respectively.
6. The increase of accrued expenses and other current liabilities resulted net cash inflow of $20,524 and $191,389, respectively.
7. During fiscal 2014 and 2013, the increase of deferred revenue generated net cash inflow of $105,206 and $207,044, respectively.

During fiscal 2014and 2013, financing activities generated net cash inflow of $27,500 and $482,400, respectively. The decrease of $454,900 or 94% was mainly due the following reasons.

1. Cash received from loan receivable during 2013 was $60,000, in contrast, during 2014, there was no transaction in the same nature;
2. Proceeds from convertible notes were $58,000 during 2013, in contrast, there is no transaction in similar nature during 2014;
3. During 2014 and 2013, repayment of credit line incurred net cash outflow of $nil and $10,750, respectively;
4. Proceeds from issuance of common stock generated net cash inflow of $22,500 and $346,150 for the year ended June 30,2014 and 2013, respectively;
5. During 2013, proceeds from related party loan generated net cash inflow of $29,000; there was no transaction in similar nature during 2014
6. During 2014, proceeds from note payable, net of repayment were $5,000. However, there was no transaction in similar nature during fiscal 2013.

We believe we can satisfy our cash requirements for the next twelve months with our current cash flow from business operations, although there can be no assurance to that effect. If we are unable to satisfy our cash requirements, we may be unable to proceed with our plan of operation. We do not anticipate the purchase or sale of any significant equipment. We also do not expect any significant additions to the number of employees. The foregoing represents our best estimate of our cash needs based on current planning and business conditions. In the event we are not successful in reaching our initial revenue targets, additional funds may be required, and we may not be able to proceed with our business plan for the development and marketing of our core services. Should this occur, we may be forced to suspend or cease operations.

We anticipate incurring operating losses in the foreseeable future. Therefore, our auditors have raised substantial doubt about our ability to continue as a going concern.

Off-Balance Sheet Arrangements

At June 30, 2014, we did not have any relationships with unconsolidated entities or financial partnerships, such as entities often referred to as structured finance or special purpose entities, established for the purpose of facilitating off-balance sheet arrangements or other contractually narrow or limited purposes. As such, we are not exposed to any financing, liquidity, market or credit risk that could arise had we engaged in such relationships.

Recent Accounting Pronouncements

See Note 2 to the Consolidated Financial Statements under Item 8, Part II.





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Medical Alarm Concepts Holding, Inc.
Medical Alarm Concepts Holding, Inc.

MDHI getting fully updated

Solid numbers coming out, watching for next filing to see if gross profit margins continue to grow. Nice business model, especially with and increase senior population.

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