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ActiveCare Announces Clarification to Prior News Release Regarding Its Newly Acquired Subsidiary 4G Biometrics
SALT LAKE CITY, UT, Mar 29, 2012 (MARKETWIRE via COMTEX) --
ActiveCare, Inc. (OTCBB: ACAR), the service leader in telehealth
and personal emergency response, today announced a clarification of
information contained in its news release dated March 20, 2012,
relating to its wholly owned subsidiary 4G Biometrics.
On March 8, 2012, ActiveCare acquired 4G Biometrics, a technology
company that enables healthcare and insurance providers as well as
employers to manage risks and reduce costs associated with employees
diagnosed with diabetes. The 4G Biometric acquisition allows
ActiveCare to dramatically increase its membership base while gaining
direct access to insurance and self-insured companies that are fully
able to reimburse for ActiveCare's suite of products and services.
Today, ActiveCare clarified that a Third-Party Administrator ("TPA")
has agreed to rollout diabetic products to approximately 1,100
diabetics. Over the next 3-4 months these diabetics will be directly
contracted with ActiveCare to help manage their diabetes and avoid
acute events related to the disease. As of the date of this
clarifying release, ActiveCare had contracts through this TPA of
nearly 200 new members.
These new 4G Biometrics members will be assisted by ActiveCare's
CareCenter that specializes in managing the chronic diseases of its
members. ActiveCare's CareSpecialists follow up with individual
members using its proprietary and patented technologies ensuring the
members' compliance and assisting them to achieve the highest
probability of wellness.
"The merger between 4G Biometrics and ActiveCare has allowed us to
expand our service base to TPA's, insurance companies, and employers
who are diligently trying to help manage their employees chronic
diseases while containing the costs of healthcare," stated Randy
Gardner, President of 4G Biometrics, a wholly-owned subsidiary of
ActiveCare, Inc. He concluded, "This has all been made possible
through the unification of two companies, which is already starting
to become an extraordinary Company to be part of."
Should you like to learn more about ActiveCare, you may follow or
contact them on the following outlets:
YouTube: www.youtube.com/activecareinc
Facebook:
www.facebook.com/activecareinc
Twitter:
www.twitter.com/activecareinc
Blog: blog.activecare.com
Website:
www.activecare.com
Phone: 877-862-5545
About ActiveCare
ActiveCare, Inc. is a wellness company that is the service leader in
telehealth and personal emergency response. Its CareCenter is staffed
around the clock by highly trained specialists offering all manner of
assistance, from help in emergencies to health monitoring and
concierge services. Members reach the CareCenter through the Personal
Assistance Link, ActiveCare's patented, one-button emergency cell
phone. Other ActiveCare technologies include the ActiveHome, the
ActivePortal and its ProActiveCare discharge planning solution.
Headquartered in Salt Lake City, Utah, and publicly traded on the OTC
Bulletin Board under symbol ACAR, ActiveCare is committed to
providing consistent excellence in quality and safety as well as
friendly care for members and caregivers alike. To learn more about
ActiveCare, Inc., visit our website at www.activecare.com, contact
investor/media relations at 877-862-5545, or follow us on social
media at: www.youtube.com/activecareinc,
www.facebook.com/activecareinc, www.twitter.com/activecareinc or
blog.activecare.com
Safe Harbor
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act. Our actual results could differ materially
from those projected in these forward-looking statements, which
involve a number of risks and uncertainties, including global
economic conditions generally, the actual availability of funds under
the equity line of credit, governmental regulation of our products,
manufacturing and marketing risks, adverse publicity risks, and risks
associated with our marketing expansion. Statements of anything other
than historical fact, including statements of our plans, strategies,
future business development, or growth prospects may be
forward-looking statements. The contents of this release should be
considered in conjunction with the risk factors, warnings, and
cautionary statements that are contained in our most recent filings
with the Securities and Exchange Commission. We expressly disclaim
any obligation or intention to update any forward-looking statement
for any reason.
Contact:
ActiveCare, Inc.
Investor Relations
877-862-5545
SOURCE: ActiveCare, Inc.
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