QualityStocks News - ALR Technologies (ALRT) Adds Board Members to Assist in Achieving Company Goals

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ALRT appoints new members to board of directors; announces retirement of VP of technology.

...their respective industries of medical administration and finance will prove invaluable as we transition into a revenue-stage company

QualityStocks would like to highlight ALR Technologies Inc., a publicly traded company engaged in the development and sale of medication compliance reminder devices and compliance monitoring systems primarily in the United States. Its products are designed to assist people with taking their medications and treatments on time, and allow for health care professionals to remotely monitor and intervene as necessary if a person is non-compliant.

In the company’s news yesterday,

ALR Technologies announced Alfonso M. Salas, M.D. and Kenneth J. Robulak to its board of directors to assist the company in its mission to become a revenue-generating entity.

Dr. Salas is experienced in several facets of the medical industry, including consulting, managing clinical trials, disease management, and preventative services. Presently, he operates his own business consulting corporations on budgets, research, and medical services. He previously served as the medical director in the office of the Ministry of Social Security and Labor in Colombia and managed the Occupational Health department. Dr. Salas also was a consultant for El Prado Medical Clinic and private medical offices.

Robulak currently assists a Mexico-based company with its marketing in the United States through its office in Dallas. Robulak has worked in corporate and investment banking for 30 years and more recently worked as a consultant in the manufacturing industry.

ALR Technologies also announced that Jaroslav V. Tichy, PhD, has retired from his posts as the company’s vice president of Technology and board member. Dr. Tichy will continue to serve as a consultant to the company.

“We are very pleased with the additions of Dr. Salas and Mr. Robulak to our board of directors. Their deep knowledge in their respective industries of medical administration and finance will prove invaluable as we transition into a revenue-stage company,” Sidney Chan, chairman and CEO at ALR Technologies stated in the press release. “Dr. Tichy has been integral to the development of our company for many years. We wish him the best of luck in his retirement and thank him for his tireless commitment to bring our Health-e-Connect system and universal cable to fruition.”

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.

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