August 15, 2007 09:00 ET

RemoteMDx Announces Third Quarter Results

SANDY, UT--(Marketwire - August 15, 2007) - RemoteMDx (OTCBB: RMDX) reported operating revenue of $3,118,947 for the quarter ended June 30, 2007, a 13 fold increase compared to $237,496 for the same period last year. Revenues increased by nearly 90% from the previous quarter ending March 31, 2007. The primary reason for the increase was the introduction and market acceptance of the Company's TrackerPAL product and service that was introduced to the criminal justice market late in 2006. The Company also reported a $5,336,000 loss (with a major portion being non-cash) for the quarter ended June 30, 2007 compared to a $11,688,000 loss (with a major portion being non-cash) for the June 30, 2006 quarter one year ago. In addition, the loss was reduced by $1,918,000 from the previous quarter ended March 31, 2007.

RemoteMDx's product and service continue to grow and become established in the criminal justice system. It has a broad base of agencies that utilize the Company's service and products. There are in excess of 8,000 units that have either been sold or leased pursuant to the Company's monitoring service. During the past quarter the Company has commenced marketing its product and service to the pre-trial and bail bond market through one of its distributors. "This opportunity has blossomed as some of the largest bail bond companies in the United States have embraced the TrackerPAL service," stated James Dalton, President of RemoteMDx. "Our sales force and distribution network that has been built over the past 12 months has given the Company the base from which it can continue to grow and progress in meeting the needs of the criminal justice market."

About RemoteMDx

Through its SecureAlert subsidiary, RemoteMDx offers a unique personal security service combining two-way communications, patented wireless location technology and affordable real-time 24/7 mobile monitoring to assist law enforcement in protecting neighborhoods from predators and to provide peace of mind for families with elderly loved ones who live alone or far away. More information is available on the Company's website,

Safe Harbor Statement

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, including future growth and earnings opportunities of the Company. Actual results could differ materially from those projected in these forward-looking statements, which involve a number of risks and uncertainties, including the Company's ability to retain and to promptly satisfy current backorders and other economic, competitive, governmental, technological, regulatory, manufacturing and marketing risks associated with the Company's business and financial plans. The contents of this release should be considered in conjunction with the risk factors, warnings, and cautionary statements that are contained in the Company's most recent filings with the Securities and Exchange Commission.

SecureAlert, TrackerPAL and Offender Monitoring Center are trademarks of SecureAlert. RemoteMDx is a trademark of RemoteMDx, Inc.

Contact Information