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Medical Alarm Concepts Investor Update -- News on Current Initiatives
Date:2/16/2012

KING OF PRUSSIA, Pa., Feb. 16, 2012 /PRNewswire/ -- Medical Alarm Concepts Holding, Inc. (OTCQ:MDHI), manufacturer of the MediPendant™, the first fully-monitored medical alarm system that allows the user to speak and listen directly through the pendant, today provides investors with an update on current initiatives. The following comments are from Medical Alarm Concepts Holding, Inc. CFO and President, Ronald Adams.

"We have been working on several initiatives and feel very strongly about the success of these programs.  These are some of the highlights…

  1. We are moving forward with our proposed merger with Carrollton, Texas based FirstFitness Nutrition Inc. Both companies are in the process of doing their due diligence and are working aggressively to complete this merger. FirstFitness has a more than 21-year history in the nutritional field and currently operates in all fifty U.S. states. Their marketing initiatives currently support thousands of independent distributors who sell the Company's products to tens of thousands of customers. Under the terms of the agreement, a new subsidiary named FirstFitness Nutrition will be created within Medical Alarm Concepts Holding, Inc. A new CEO for the combined operation will be named upon closing of the merger.  While the merger is moving forward at a rapid pace, we are working to ensure that everything is done properly so that the merger will be beneficial to all.  
  2. Our plan to introduce the MediPendant™ in the nation's largest wholesale club is currently moving ahead as planned.  "There are several operational procedures processes to put in place to ensure orders are gathered and fulfilled properly," said Paul Green, VP of Sales and Marketing at Medical Alarm Concepts. Customer satisfaction is a priority for both organizations, so we will not launch until all customer service criteria is met. We feel confident that the progra
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SOURCE Medical Alarm Concepts Holding, Inc.
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