MDHI News MDHI Enhances Service Offerings with New

MDHI News MDHI Enhances Service Offerings with New Options for Customers of America's Largest Warehouse Club Chain - Announces New Extended Concierge Services

2012-07-12 09:00 ET - News Release

KING OF PRUSSIA, Pa., July 12, 2012 /PRNewswire/ --  Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK) today announced significant upgrades to its service offerings for the customers of the nation's second largest retailer and largest warehouse club chain.  These enhancements include contract extensions options and new enhanced concierge services, which will provide unparalleled levels of services for MediPendant customers.

The Company recently launched a strategic alliance partnership with the largest warehouse club store in the United States for sales of the Company's MediPendant™ product. This program is now operational with orders being received and shipped on a daily basis. The base pricing for the service allows customers to receive the industry's most state of the art medical alarm at a price that is lower than competitive offerings which include the older medical alarm technologies. At the request of our partner, and with the contract extension options being announced today, MediPendant customers will be able to extend their contract terms at pricing that is the most competitive in the medical alarm industry.

"We are seeing strong and consistent order flow from this retailer relationship. At least 70% of customers are asking us for rates for longer contract periods," commented Ronnie Adams CEO.  "We are happy to accommodate this by offering contract extensions at an extremely competitive price that will be difficult for the competition to beat or match.  Best of all for our customers are that they receive a second-generation medical alarm unit that allows for true monitored speak-and-listen technology through a pendant with voice prompts that let them know their emergency call is being connected.  We are the only company in the industry able to offer this patented technology.  Revenues from these high margin extended contracts will belong exclusively to MDHI."