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RMDX Entering Commercial Phase of Its Next Generation SecureAlert Monitoring Services
RemoteMDx, Inc. (OTCBB:RMDX), today reported that its SecureAlert subsidiary has completed the research and development phase of its new technology platform designed to protect communities from convicted offenders and predators.
SANDY, Utah (PRWEB) February 25, 2006 -- RemoteMDx, Inc. (OTCBB:RMDX), today reported that its SecureAlert subsidiary has completed the research and development phase of its new technology platform designed to protect communities from convicted offenders and predators, and is garnering orders ahead of commercial availability.
In a letter to shareowners, James Dalton, company president, said, “We have very encouraging indicators of the pent-up demand for our uniquely differentiated SecureAlert offender monitoring service.” Taking note of SecureAlert’s recurring revenue model for its 24/7 monitoring service , he added: “The fixed daily cost is extremely compelling to budget-constrained public agencies who must cope with the growing recidivist population of criminals and predators in our midst .” The full text of the letter is posted online at www.remotemdx.com/shareholder.htm.
In addition to the TrackerPAL offender tracking service, which is marketed to probation and criminal justice agencies, SecureAlert’s MobilePAL monitoring and two-way communications services are offered to the elderly on behalf of loved ones who live far away. “With the baby boom generation now tipping the demographic scale,” said Dalton, “the need for our unique monitoring service for the aged cannot be overstated.”
About RemoteMDx
Through its SecureAlert subsidiary, RemoteMDx, [OTCBB: RMDX] offers a unique personal security service combining cellular communications, patented wireless location technology and affordable, real-time, 24/7 mobile monitoring to assist law enforcement protect 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 website, www.remotemdx.com.
Safe Harbor Statement
This news release contains forward-looking statements related to future growth and earnings opportunities. Such statements are based upon certain assumptions and assessments made by management in light of current conditions, expected future developments and other factors they believe to be appropriate. Actual results may differ as a result of factors over which the company has no control.
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