Connectyx Signs Exclusive MedFlash Licensing Agreement With LogicMark
Published: Mar 18, 2013
STUART, FL--(Marketwire - March 18, 2013) - Connectyx Technologies Holdings Group, Inc. (OTC Pink: CTYX), www.connectyx.com, a Healthcare Business Process Outsourcing (BPO) company with personal healthcare product offerings, announced today that LogicMark, the manufacturer of Guardian Alert, Freedom Alert and Life Sentry Personal Emergency Response Systems (P.E.R.S.), will be offering exclusively to its national dealer network a private label version of Fonemed Nurse Assist Powered by MedFlash.
Ronn Schuman, CEO of Connectyx, said, "We are really excited about expanding our working relationship with LogicMark, the manufacturer of our private label PERS product, GuardianOne. Now that the portal version of MedFlash for personal health and wellness is being offered as an additional product line to their national network of dealers, we anticipate a ramp up of revenues."
Schuman continued, "We believe that this combination of Voice Pendant P.E.R.S. technology, coupled with our health and wellness and telemedicine upsell, will be a dominant product in this rapidly growing market. The analysis from Frost & Sullivan's North American Personal Emergency Response Systems Market research has documented that the P.E.R.S. market is expected to grow at a compound annual growth rate (CAGR) of 10.4 percent from 2010 to 2017 to reach $1.86 billion in 2017."
"LogicMark is excited to enter into this innovative program," said Kevin O'Connor, President for LogicMark. "We are always looking for ways to enhance our product offerings to our dealer network. We believe that with the addition of the MedFlash and Fonemed Nurse Assist program, our dealers will have a competitive advantage in the growing P.E.R.S. marketplace." O'Connor added, "We will be launching the program with Connectyx at the ISC (International Security Conference) West show in Las Vegas on April 10th."
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About Connectyx Technologies Holdings Group, Inc.
Connectyx Technologies Holdings Group, Inc. is a Healthcare BPO that provides unique products for the healthcare market including MedFlash®, the electronic Personal Health Manager (ePHM), USA Medical Monitoring Services, a Personal Emergency Response Services (PERS) product and Medical Transcription, Disease Management, Revenue Cycle Management and Medical Consulting - Billing. Connectyx's consumer product, MedFlash® PHM, is an easy to use Personal Health and Lifestyle Manager that is accessible using a powerful web portal suite.
The MedFlash® PHM provides member benefits including instant access to members' Emergency Medical Profile and Personal Health Record in the event of an accident or a medical emergency. MedFlash also offers lifestyle and wellness features that provide significant health benefits to members and risk mitigation for employers and insurers alike.
Medical Alert US, a GuardianOne, Personal Emergency Response Services product for patients and senior citizens who want to live independently, but are concerned about falling and staying in communication with family members or emergency services, if necessary.
About LogicMark www.logicmark.com
LogicMark manufactures a line of personal emergency response systems. Users, such as the elderly or those with serious medical issues, wear a pendant with a speakerphone, and can push a button to call for help.
LogicMark has been recognized for the second year in a row as one of the fastest growing private companies in the country. LogicMark has seen exponential growth since being established in 2006. With continued success in the security and home healthcare channels, LogicMark hopes to gain recognition for a third year in a row as we continue to grow.
Connectyx Technologies Holdings Group, Inc.