Stock Guru Profile ALR Technologies Inc. (ALRT – OTCBB)
ALR Technologies is focusing on the ALRT500 Home Health System. This is a medication and treatment compliance and monitoring system. This product comes with a compliance monitoring system which provides internet communications regarding a patient’s compliance. Family members who cannot be with a loved one 24/7 can be certain they are complying with their doctor’s orders. This works for family members who live next door, or in the next state or in another country.
ALR Technologies has received orders for the ALRT500 system and has sold one production run with more orders to fill. Another production run is underway and delivery from this production is expected in January.
ALR Technologies expects to have the entire first full production run sold before the manufactured product is ready for delivery in January. ALR Technologies now planning our second full production run and making plans for expanded capacity of manufacturing. 2007 will be expected to be the company’s first year with solid sales of the ALRT500 system. Right now, they are discussing releasing projections – but have not yet made a firm commitment to do so.
Previous years sales have been all from ALRT ancillary products.
ALR Technologies tells their story through Power Point and Stock Guru has brought that Power Point to you. For a one stop cohesive look at what ALRT is doing and how they are doing it: Link Here.
Health care management is a new segment of the healthcare industry. Healthcare management is recognized as being cost effective because ultimate it conserves precious healthcare resources across the board.
ALR Technologies Power Point Presentation.
Stay tuned for more on this company as we look at the recurring and regenerative revenue stream provided by this system: Everyone knows that Cingular does not generate its serious revenue from the sale of cell phones but rather from the service it provides. ALR Technologies will generate revenue in this same fashion.
Source: ALR Technologies
Wendy Prabhu, Investor Relations for ALR Technologies, Inc.
Phone: (512) 828-6645
Email: http://www.stockguru.com/blog/alrt@mercomcapital.com
Sidney Chan, CEO
ALRT — ALR Technologies, Inc.
114M Reynolda Village
Winston-Salem, NC 27106
Website: http://www.alrt.com
Phone: (336) 722-2254
SOURCE: ALR Technologies, Inc. and New England Journal of Medicine and Managed Healthcare Executive; Sep2006, Vol. 16 Issue 9, p44-51, 4p
Safe Harbor and Forward Looking Statement:Certain statements set forth in this article constitute “forward-looking statements.” Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company’s actual results and financial position to differ materially from those included within the forward-looking statements, including the Company’s ability to obtain sufficient financing to fund both its internal growth opportunities and acquisition strategy. More information about the potential risks and factors that could affect the Company’s business and financial results is included in the Company’s filings, available via the United States Securities and Exchange Commission at http://www.sec.gov/.
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