20.02.2007 13:45:00
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Walgreen Co. and AMAC Unveil Walgreens Ready Response(TM) Medical Alert System
American Medical Alert Corp. (NASDAQ: AMAC), a provider of healthcare
communication services and advanced home health monitoring technologies,
announced today the launch of Walgreens Ready Response™
Medical Alert System with Walgreen Co. (NYSE: WAG)(NASDAQ: WAG), the
nation’s largest drugstore chain.
Walgreens Ready Response™ system was developed
exclusively for Walgreen Co. by American Medical Alert Corp. to support
family caregivers and their aging loved ones who are seeking creative
solutions to maintain independent living at home. Using AMAC’s
flagship personal response system technology, Walgreens Ready Response™
Medical Alert system will be monitored by AMAC’s
Response Center to provide round-the-clock response services.
Additionally, the offering will include a dedicated bathroom activator
to enhance the ability to summon assistance from the area in the home
where many falls occur.
”This system is an important addition to the
services we offer for seniors and their caregivers that go beyond the
traditional pharmacy offering,” said Don
Huonker, Vice President of Pharmacy Services for Walgreens. "It’s
another way of helping people live independently for as long as possible.”
Under this exclusive relationship, the Walgreens Ready Response™
Medical Alert system will be offered at Walgreens stores in selected
markets and on a national scale through Walgreens Web site at www.walgreens.com/readyresponse.
Frederic Siegel, Executive Vice President of AMAC, said, "We
are pleased to be selected by Walgreen as its technology provider in
this initiative. With Walgreens national brand recognition in the retail
health sector coupled with AMAC’s 25 years
experience in medical alert system manufacturing and 24/7 monitoring
services, we believe that Walgreens Ready Response™
Medical Alert System will become an integral solution for caregivers to
help their loved ones remain independent at home. More than 30 percent
of individuals over 65 will experience a fall or other emergency in
their home each year, and this service provides instant access to
emergency assistance, improving the chance of recovery and return to
independent living."
Added Jack Rhian, AMAC’s Chief Executive
Officer, "We are extremely pleased to support
Walgreen in providing this valuable service. Through its national
pharmacy network and loyal customer base, Walgreen expects to build
consumer awareness about this vital health monitoring device and make it
simple for caregivers and seniors to obtain the service.” Pricing & Availability
Walgreens Ready Response™ Medical Alert
System is available for $34.95 (U.S.) per month and a one time
activation fee of $34.95 (U.S.) The system includes a two-way voice
console unit, personal help activator, bathroom activator, telephone and
power cord and monitoring services. There are no long-term contracts
required. Consumers may obtain the system through select Walgreen
locations and on online at www.walgreens.com/readyresponse.
About Walgreen Co.
Walgreen Co. is the nation’s largest
drugstore chain with fiscal 2006 sales of $47.4 billion. The company
operates 5,611 stores in 48 states and Puerto Rico, including 76 Happy
Harry’s stores in Delaware and surrounding
states. Walgreens also provides additional services to pharmacy patients
and prescription drug and medical plans through Walgreens Health
Services, its managed care division, which includes Walgreens Health
Initiatives Inc. (a pharmacy benefits manager), Walgreens Mail Service
Inc., Walgreens Home Care Inc. and Walgreens Specialty Pharmacy.
About American Medical Alert Corp.
AMAC is a healthcare communications company dedicated to the provision
of support services to the healthcare community. AMAC's product and
service portfolio includes Personal Emergency Response Systems (PERS)
and emergency response monitoring, electronic medication reminder
devices, disease management monitoring appliances and healthcare
communication solutions services. AMAC operates eight communication
centers under local trade names: HLINK OnCall, Long Island City, NY,
North Shore TAS, Port Jefferson, NY, Live Message America, Audubon, NJ,
ACT Teleservice, Newington, CT and Springfield, MA, MD OnCall, Cranston
RI and Capitol Medical Bureau Rockville, MD, American MediConnect and
Phone Screen Chicago, IL to support the delivery of high quality,
healthcare communications.
This press release contains forward-looking statements that involve a
number of risks and uncertainties. Forward-looking statements may be
identified by the use of forward-looking terminology such as "may,"
"will," "expect," "believe," "estimate," "anticipate," "continue," or
similar terms, variations of those terms or the negative of those terms.
Important factors that could cause actual results to differ materially
from those indicated by such forward-looking statements are set forth in
AMAC’s filings with the Securities and
Exchange Commission (SEC), including AMAC’s
Annual Report on Form 10-K, AMAC’s Quarterly
Reports on Forms 10-Q, and other filings and releases. These include
uncertainties relating to government regulation, technological changes,
costs relating to ongoing FCC remediation efforts, our expansion plans,
our contract with the City of New York and product liability risks.
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