KING OF PRUSSIA, Pa., Dec. 12, 2012 /PRNewswire/ -
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KING OF PRUSSIA, Pa. , Dec. 12, 2012 /PRNewswire/ -- Medical Alarm Concepts Holding, Inc. ( OTCQB: MDHI.PK ), today announced it has signed a marketing and operations agreement with JTT-EMS LTD of Shijiazhuang, China to bring the MediPendant™ personal medical alarm to the People's Republic of China . This agreement follows the recent shipments of product to Denmark and the consummation of an agreement with a large alarm company in Scotland , both with plans to begin marketing the MediPendant™ in the first quarter of 2013. Under the terms of the agreement with JTT-EMS, the parties have started the planning process with an initial strategy of offering the MediPendant™ in select cities in China . They plan to provide monthly monitoring services within a new joint venture business arrangement.
"JTT-EMS is a well established operation that employs several personnel who are very familiar with the features and functions of the MediPendant™," commented Ronnie Adams , CEO of Medical Alarm Concepts. "We have done our research, and have determined that there is a high demand for personal medical alarms in the Chinese marketplace. We believe this joint venture allows us a ground floor opportunity in one of the fastest growing and largest markets in the world. China is our third international opportunity, and we are very excited about our international expansion plans."
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