Small Cap Voice: Medical Alarm Concepts (MDHI) Receives Growth Capital Injection and Commitment for Future Funding
Medical Alarm Concepts Holding, Inc. recently announced it has received a new commitment for capital that will be used to accelerate corporate growth and advance marketing programs for the MediPendant™, the first fully-monitored medical alarm system that allows users to speak and listen directly through the pendant. Approximately one third of this private investment group funding has already been received. The remaining portion will be invested into the operation over the next few months. “We have always known that our patented product would change the future of the large and growing Personal Emergency Response System (PERS) market, but funding our…