ALR Technologies Inc. Signs Agreement With Seis Equis S.A. To Take ALR Technologies' Products into South American Countries
05 Novembre 2003 - 4:58PM
PR Newswire (US)
ALR Technologies Inc. Signs Agreement With Seis Equis S.A. To Take
ALR Technologies' Products into South American Countries
WINSTON-SALEM, N.C., Nov. 5 /PRNewswire-FirstCall/ -- ALR
Technologies Inc. (BULLETIN BOARD: ALRT) , based in Winston-Salem,
has signed an agreement with Seis Equis S.A. to represent ALR
Technologies' products and services with the medical and healthcare
industries in many South American countries, including Brazil,
Argentina, Ecuador, Peru, Colombia, Chile, Paraguay and Uruguay.
Rodolfo Guido, Chairman and CEO of Seis Equis, said that his
discussions with health management industry leaders and the
positive response to samples of the ALRT medication compliance
reminder products convinced him of the importance of doing business
with ALR Technologies and of the benefits the products can bring to
healthcare in South America. "From my experience and from the
discussions I've had with some of the healthcare leaders in South
America, I believe the ALR Technologies products can help bring
better quality of life to people on medications and help reduce the
cost of providing healthcare in many of the South American
countries," Guido said. "Initial feedback has been very positive,
and in mid November, we have a meeting scheduled with government
healthcare officials in Ecuador and Colombia. Meetings with
healthcare officials in other South American countries are soon to
follow." ALR Technologies, which specializes in health and disease
management products and services, has designed and manufactures
medication compliance products to meet the needs for several
targeted user groups, including: medical clinics to provide to
their patients, drug companies to utilize with their brands,
clinical research organizations to help promote compliance in study
protocols, medications for pets, eye care reminders, and health
insurance companies to provide to targeted plan members based on
disease state. "ALR Technologies is very pleased to have this
agreement with Seis Equis and Rodolfo Guido," Sidney Chan, Chairman
and CEO of ALR Technologies, said. "We now see a growing
acknowledgement in the healthcare industry, whether it be in North
America, Europe, or South America, that disease management is
costing society billions of dollars and that there are steps that
can be taken to improve disease management while at the same time
helping to reduce the cost of care." Chan pointed to an article in
Wall Street Journal on October 21 titled "The Real Drug Problem:
Forgetting to Take Your Meds" as evidence of the rapidly growing
awareness of the importance of taking medications and related
treatments on time. "People of all ages -- whether too busy or just
plain forgetful, especially when taking multiple medications --
fail to take a variety of medications, including antibiotics,
hypertension drugs, diabetes medications, asthma medications,
cholesterol lowering drugs, time-critical HIV/AIDS drug regimens,
depression treatments, glaucoma treatments, blood sugar level
testing for diabetics and many more," Chan added. ALR Technologies
Inc. (OTC:ALRT) (BULLETIN BOARD: ALRT) produces and markets the
ALRT Med Reminder(TM), which is available in the USA at Eckerd
stores system- wide and at other select retailers. This product and
a PC programmable version are also available to consumers for
purchase at http://www.takemedsontime.com/ or by calling toll-free
at (877) 257-6337. Drug companies, health insurance companies,
retailers and medical centers interested in purchasing should
contact ALR directly. For more information on ALRT Med
Reminders(TM) and medication noncompliance, go to the company
web-site http://www.alrt.com/. This release contains certain
"forward-looking statements" relating to ALR Tech's business, and
these statements reflect the current views of ALR Tech with respect
to future events and are subject to certain risks, uncertainties
and assumptions. There are many factors that could cause the actual
results, performance or achievements of ALR Tech and its products
to be materially different from any future results, performances or
achievements that may be expressed or implied by such
forward-looking statements. DATASOURCE: ALR Technologies, Inc.
CONTACT: Stan Cruitt of ALR Technologies, +1-336-722-2254, Ext. 5,
or , or Scott Carpenter of Ralph Simpson & Associates,
+1-336-761-0711, or , for ALR Technologies, Inc. Web site:
http://www.takemedsontime.com/ Web site: http://www.alrt.com/
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