“Smart Pillbox” for Patient Medication Adherence Wins Prestigious Award in Conjunction with World’s Largest Consumer Technology Trade Show
Recognition For Device That Makes Medication Safe and Easy
InforMedix Holdings, Inc. (OTCBB: IFMX, http://www.informedix.com/) has been honored with a 2008 International Consumer Electronics Show (CES) Innovations Design and Engineering Award in the healthcare category for the Med-eMonitor™ System for medication adherence and health management. CES is the world’s largest consumer technology trade show, and North America’s largest annual trade show of any kind.
InforMedix’s Med-eMonitor System is an interactive “smart pillbox” for monitored medication adherence. In addition to storing medications, providing reminders regarding when and how to safely take each medication, and tracking patient adherence to their medications and their health status, the Med-eMonitor provides caregivers and loved ones with real-time alerts when patients miss their meds or their health declines. The American Society on Aging and American Society of Consultant Pharmacists Foundation estimate that medication non-adherence causes 125,000 unnecessary deaths per year, resulting in a three hundred billion dollar healthcare problem. The device is expected to be especially helpful for members of the “sandwich generation,” baby boomers negotiating the responsibilities of caring for elderly parents while raising young children.
“Everyone at InforMedix is ecstatic over this prestigious recognition,” said Bruce A. Kehr, MD, Chairman and Chief Executive Officer of InforMedix. “We are especially delighted at the Consumer Electronics Association’s honoring our potentially life-saving smart pillbox—which makes medication safe and easy—alongside the boldest new designs in entertainment and personal electronics. We’re proud to find the Med-eMonitor included with the other honorees in our category at the largest trade show in North America.”
An independent audit in 2007 by VERIS Consulting, LLC, confirmed CES’ stature as the world’s largest consumer technology trade show, and North America’s largest annual trade show of any kind, reporting that the industry trade show drew a record 27,020 international attendees from 140 countries, with overall attendance totaling 143,695 industry professionals during CES’ four-day run in Las Vegas, Nev., January 8-11, 2007. The 2008 International CES will be held from January 7-10, 2008 at the Sands Expo Convention Center at the Venetian and the Las Vegas Convention Center at the Las Vegas Hilton. To learn more about the CES Innovations 2008 Awards, visit: http://www.cesweb.org/attendees/awards/innovations/rd_2008honorees.asp ?category=896062.
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About InforMedix, Inc.
InforMedix, Inc., based in Rockville, Maryland, has developed the Med-eMonitor System as The Medication Adherence Solution for consumer product and disease management markets, to deliver peace-of-mind, improved independent living, and better health outcomes to patients and their loved ones. The Med-eMonitor System (“Medication, Safe and Easy™”) integrates a portable patient-interactive “smart pillbox,” hardware, software, and 24/7 monitoring. This is designed to enable chronically ill patients and their loved ones, and professionals in disease management programs, to efficiently monitor and manage Med-eMonitor users’ medication and care plan adherence, clinical response, and drug safety. InforMedix has recently signed cooperative agreements that include almost six hundred pharmacies in Alabama, Arkansas, Kentucky, Louisiana, Massachusetts, Mississippi, Missouri, Oklahoma, Tennessee, Texas, and Washington, D.C. For more information, visit http://www.informedix.com.
About the International CES
With more than four decades of success, the International CES reaches across global markets, connects the industry and enables CE innovations to grow and thrive.
The International CES is produced by the Consumer Electronics Association (CEA), the preeminent trade association promoting growth in the consumer technology industry. CEA represents more than 2,100 corporate members involved in the design, development, manufacturing, distribution and integration of consumer electronics products. All profits from CES are reinvested into industry services, including technical training and education, industry promotion, engineering standards development, market research and legislative advocacy. For more information, visit http://www.cesweb.org.
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The Investor Relations Group
Mike Graff/ Susan Morgenbesser
212-825-3210
mgraff@investorrelationsgroup.com
susan@investorrelationsgroup.com