Navigation Links
Allarae Healthcare Inc. Announces Signing of Distribution Agreement With Intellect Inc.
Date:12/13/2007

IRVING, Texas, Dec. 13 /PRNewswire-FirstCall/ -- Allarae Healthcare, Inc. (Pink Sheets: ALHI) announced today that it has signed a Distribution Agreement with Intellect, Inc. to sell their entire product line on a non-exclusive basis, worldwide. Intellect, Inc. has developed a broad range of personal health testing kits, several already FDA approved, and personal tracking software for home use. The test kits are ready for market but have not yet been commercialized.

The Company further stated that tests for strep, influenza, cholesterol, and glucose levels are the first to be packaged for immediate sale. Tests for certain other conditions including certain forms of cancer and hepatitis are near completion and will be ready for the market in 2008.

Allarae's President, Phil Matteis, stated that the Company's goal is to become the premier provider of personal health management products. The vision for the company is to provide a complete toolkit that will allow the individual to manage their health more effectively.

This is the second licensing agreement to be signed by the Company. In November of this year a License Agreement was signed with Intellect Holdings, Ltd. for rights to sell its related products and software technology.

"These personal test kits and the related tracking software for individual use are the start of a new era in personal health management and tracking," stated Phil Matteis, President of Allarae. "It will give individuals more control over the management of their own health by giving them the ability to test for numerous disease indicators and track the results on an ongoing basis with their care providers."

The Company stated that additional product announcements will be forthcoming as other products are ready for distribution.

Safe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.

CONTACT: Allarae Healthcare, Inc.

Phillip Matteis

972-868-9101


'/>"/>
SOURCE Allarae Healthcare, Inc.
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. AtriCure to Present at Thomas Weisel Partners 2007 Healthcare Conference
2. BD to Present at the Bear Stearns 20th Annual Healthcare Conference
3. ATS Medical to Present at the 2007 Thomas Weisel Partners Healthcare Conference
4. Dr. Paul Bandt Celebrates 35th Anniversary With Desert Radiologists and a History of Healthcare in Las Vegas
5. Omnicell to Present at Thomas Weisel Healthcare Conference 2007
6. MDS to Present at Thomas Weisel Partners Healthcare Conference
7. Hospira to Present at the Bear Stearns 20th Annual Healthcare Conference on September 11
8. AMICAS to Present at Thomas Weisel Partners Healthcare Conference 2007
9. Mettler-Toledo International Inc. Announces Webcast of Presentation at Thomas Weisel Partners 2007 Healthcare Conference
10. Kingfisher Healthcare (KFH) Achieves World Class Quality Platform
11. Omnicom Acquires Leading Healthcare Marketing Communications Firm in China
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2016)... ... ... A new collaboration will give more researchers access to the largest and ... leader SAS will provide researchers worldwide with data management and analytics tools to explore ... , The DCRI and SAS share the goal of greater transparency and openness in ...
(Date:5/4/2016)... ... May 04, 2016 , ... All-Star Insurance of Northeast ... the people of their local community. The agency pledges to select a new ... hope is to bring awareness to important local causes with fundraising and other ...
(Date:5/4/2016)... ... , ... May kicked off with Melanoma Monday , a multi-agency effort ... Turner is encouraging her patients, as well as residents all around Dallas, Cleburne, Irving, ... now and in the future. , The dermatology-specific awareness month ends with “Don’t Fry ...
(Date:5/4/2016)... ... May 04, 2016 , ... Dr. Elyson and Dr. Assili, dentist in ... office. Wisdom tooth removal, a common dental procedure, is performed for many adolescents and ... erupted, resulting in risks of complications. By providing wisdom tooth removal surgery at their ...
(Date:5/4/2016)... California (PRWEB) , ... May 04, 2016 , ... ... formulation of foundational nutrients that supports cellular and metabolic health. This synergistic combination ... 400 mg free-form curcumin, along with 150 mg of reduced glutathione and 200 ...
Breaking Medicine News(10 mins):
(Date:5/4/2016)... DUBLIN , May 4, 2016 /PRNewswire/ ... the addition of the  "Global Multiple Myeloma ...  report to their offering.       ... Multiple Myeloma Market and Competitive Landscape Highlights ... pipeline products, Multiple Myeloma epidemiology, Multiple Myeloma ...
(Date:5/4/2016)... Research and Markets has ... Keratosis Market and Competitive Landscape Highlights - ...      (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ) , ... Highlights 2016, provides comprehensive insights into Actinic ... Keratosis market valuations and forecast, Actinic Keratosis ...
(Date:5/3/2016)... May 3, 2016 BioNovus Innovations LLC ... for Advancing Medical Innovation (IAMI) today announced a ... diagnostics and medical devices. An agreement ... rights to license, develop and commercialize medical innovations ... "This partnership represents a significant advance in ...
Breaking Medicine Technology: