Hughes Telematics, Qualcomm and American Medical Alert Corporation Announce Joint Venture to Create Lifecomm
13 Mai 2010 - 2:13AM
Business Wire
Hughes Telematics, Inc. (“HTI”), (OTCBB: HUTC)(OTCBB: HUTCW),
Qualcomm Incorporated (Nasdaq: QCOM) and American Medical Alert
Corp. (Nasdaq: AMAC) today announced a joint venture to deliver
mobile health services through Lifecomm LLC. The entity, formed
with cash and in-kind contributions by the parties, will operate as
a majority-owned subsidiary of HTI and plans to launch a mobile
Personal Emergency Response Service (PERS) focused on seniors and
their caregivers in the United States in 2011.
The introduction of a state-of-the-art mobile PERS solution,
designed to extend affordable and potentially lifesaving emergency
assistance to its users, is expected to be a major advancement in
providing connected location-based services. The mobile PERS
solution will consist of a wearable lightweight device with
one-touch access to an emergency assistance call center. Inside the
device, a cellular modem will enable wireless voice and data
communications, and an embedded GPS combined with other sensors
will enable location-based tracking and monitoring of the person
wearing the device. A personalized web portal for the user and/or
caregiver will provide access to information about user activity
and location.
"Our venture with Qualcomm and AMAC will enable Lifecomm to
deliver a compelling mobile personal emergency response service to
seniors and their caregivers," said Jeff Leddy, chief executive
officer, HTI. “Using HTI’s back office architecture and call center
network as the backbone of the Lifecomm service will allow for a
seamless integration with a new growth market. We are excited about
extending our business to deliver high value location-based
services to the individual.”
HTI currently is the exclusive provider of connected safety,
convenience and location-based services to Mercedes-Benz mbrace™
customers. HTI’s highly reliable infrastructure, call center
expertise and flexible technology platform will be leveraged to
support Lifecomm. HTI will provide engineering, information
technology and product development services for the subsidiary.
Qualcomm, a leader in wireless technology development, is
contributing expertise to the effort that was developed under its
internal “Lifecomm” initiative and will provide further engineering
services, technical resources and capital for the development of
the mobile PERS solution. The mobile PERS device will utilize
Qualcomm’s Wearable Mobile Device module and wireless chipset
technology.
“Wireless health services offer substantial benefits to the
medical and patient communities,” said Steve Altman, president of
Qualcomm. “The mobile PERS solution will allow seniors to maintain
their independence by providing them immediate, push-button access
to emergency services. Mobile PERS is a compelling offering that
Lifecomm is well positioned to provide and we’re pleased to help
enable.”
AMAC, with nearly 30 years experience delivering personal
emergency response solutions, will be the anchor Value Added
Reseller of the Lifecomm mobile PERS offering. With a robust call
center infrastructure, highly trained personnel, marketing
expertise and existing relationships with hundreds of healthcare
entities as well as national direct to consumer outlets, AMAC will
be a primary contributor to the initial distribution of the
Lifecomm solution and immediately open up channel opportunities for
mobile PERS.
“We believe the triumvirate behind the formation of the Lifecomm
venture is the beginning of a highly productive, long term
relationship that will transform the PERS industry,” said Jack
Rhian, president and chief executive officer of AMAC. “We are
extremely pleased to work with HTI and Qualcomm to deliver this
next generation PERS solution to the marketplace and expect these
solutions, once commercialized, will have an immediate impact on
the breadth and depth of services AMAC provides under its remote
patient monitoring portfolio.”
About Hughes Telematics, Inc.
Hughes Telematics, Inc. (“HTI”) (OTCBB: HUTC and HUTCW) is a
leader in implementing the next generation of connected services.
Centered on a core platform of safety and security, the company
offers a portfolio of location-based services for consumers,
manufacturers, fleets and dealers through two-way wireless
connectivity. Networkfleet, Inc., a wholly owned subsidiary of HTI
located in San Diego, Ca., offers remote vehicle diagnostics, an
integrated GPS tracking and emissions monitoring system for
wireless fleet vehicle management. A majority owned subsidiary of
HTI, Lifecomm, located in Atlanta, Ga., offers mobile personal
emergency response services through a wearable lightweight device
with one-touch access to emergency assistance. Additional
information about HTI can be found at www.hughestelematics.com.
About Qualcomm
Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing
and delivering innovative digital wireless communications products
and services based on CDMA and other advanced technologies.
Headquartered in San Diego, Calif., Qualcomm is included in the
S&P 100 Index, the S&P 500 Index and is a 2010 FORTUNE 500®
company. For more information, visit Qualcomm around the Web:
www.qualcomm.com
Blog: www.qualcomm.com/blog
Twitter: www.twitter.com/qualcomm
Facebook: www.facebook.com/qualcomm
About AMAC
AMAC (Nasdaq: AMAC) is a healthcare communications company,
dedicated to the provision of support services to the healthcare
community. AMAC’s remote patient monitoring product and service
portfolio includes Personal Emergency Response Systems and
emergency response monitoring, medication management systems,
disease management monitoring appliances and healthcare
communication solutions services. AMAC operates eight US based,
communication centers under local trade names: HLINK OnCall, North
Shore TAS, Live Message America, ACT Teleservice, MD OnCall,
Capitol Medical Bureau, American MediConnect, and Phone Screen to
support the delivery of high quality, healthcare communications.
For more information go to www.amac.com.
Forward Looking Statements
Certain statements contained in this press release, including
statements related to the future expectations and timing for the
development and commercialization of Lifecomm’s mobile PERS
solution, constitute forward-looking statements under the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements are subject to known and unknown risks and the actual
actions or results may differ from these current expectations.
Important factors which might cause a difference between actual and
expected events include: (i) greater than expected and/or increased
costs or unexpected delays associated with the development and
commercialization of Lifecomm’s mobile PERS solution, (ii)
inability to successfully develop the technology to support
Lifecomm’s mobile PERS solution, (iii) uncertainty relating to
consumer interest in and acceptance of Lifecomm’s mobile PERS
solution, (iv) risks associated with changes in the competitive or
regulatory environment in which Lifecomm operates; and (v) risks
associated with prosecuting or defending allegations or claims of
infringement of intellectual property rights. No party undertakes
any obligation to update these forward-looking statements for
events occurring after the date of this press release.
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