KING OF PRUSSIA, PA — (Marketwired) — 04/05/16 — Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI), a Pennsylvania-based personal medical alarm device manufacturer, announced today that it is verified for trading on the OTCQB® Venture Market effective immediately.
The OTCQB® Venture Market is for entrepreneurial and development stage U.S. and international companies that are current in their reporting and undergo an annual verification and management certification process. These standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. Companies must meet a minimum $0.01 bid price test and may not be in bankruptcy.
“We are so pleased to be verified for trading on the OTCQB® Venture Market,” said Allen Polsky, VP and Board Member of MDHI. “It is important for our investors to know that MDHI is a solid company with strong operations. We will continue to provide clear and concise information to our investors, and to meet the standards of the OTCQB®.”
As America–s Venture Market, OTCQB® provides efficient public trading for companies to start building shareholder liquidity right away, with the intent of developing into tomorrow–s leaders.
For current information on MDHI, go to .
MDHI is the creator of the MediPendant® and the iHelp, patented personal medical alarm devices for the national and international 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 iHelp and iHelp+ 3G are next-generation mobile medical alarms. Users of the iHelp line of products, can take the device with them wherever they go, as long as there is cellular service. For more information, please visit our investor portal at .
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.
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Medical Alarm Concepts Holding, Inc.
877-639-2929 Ext 113
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