SOURCE: ActiveCare, Inc.

ActiveCare, Inc.

March 29, 2012 16:53 ET

ActiveCare Announces Clarification to Prior News Release Regarding Its Newly Acquired Subsidiary 4G Biometrics

SALT LAKE CITY, UT--(Marketwire - Mar 29, 2012) - 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 Information

  • Contact:
    ActiveCare, Inc.
    Investor Relations
    877-862-5545