Medical Alarm Concepts, Inc. (MDHI) – Investment Highlights
• Medical Alarm Concepts offers a unique, patented medical emergency alert system that is different from all other personal emergency response (“PERS”) systems that have been available on the market for the past 20 years.
• The Company’s flagship MediPendant™ product enables several revolutionary and highly desirable features including direct contact speak-and-listen capabilities, the ability to conference in third party contacts and an extended product operating range that allows users to significantly extend their mobility away from the home base station unit.
• According to the U.S. Census Bureau, there are some 34 million people in the United States today, and approximately 550 million people worldwide, who are age 65 or older. By 2025, these figures are projected to reach a very significant 74 million and 1.2 billion senior members of the population, respectively.
• It is expected many of these seniors will want to continue living independently at home for as long as possible and will likely look to technologies that help them gain access to medical care while being able to remain independent and outside the hospital environment.
• Marketing efforts for the MediPendant™ are just beginning to get underway. As MediPendant™ begins to be sold across the country, we are excited and expect that sale of this premiere alarm device will increase exponentially with the Company’s ongoing marketing and distribution efforts.
• We estimate the market opportunity before the Company is substantial, with its superior PERS product offering, and the number-one industry player currently noted to be serving over 700,000 subscribers. At a conservative estimate of capturing less than half this market size, or 300,000 subscribers, we estimate the revenue to the Company could exceed $100 million.
• We are very excited about the future prospects for this product offering and expect that sale of this premiere alarm device will increase exponentially with Medical Alarm Concept’s ongoing marketing efforts. We urge investors to closely watch this story as we believe revenue and profit growth could be dramatic.
