I want to know more about Baldwin. Good background that needs to be verified. I have checked the monitors; they work and are well designed and accurate.
I believe that 50,000 monitors have been shipped as of this week and the last of the 75,000 order shall be shipped within the next two weeks.
What will be important for the company is if Technilab will reorder more in the near term, and if so, the size of the order.
ALR Technologies Appoints John Baldwin as President and Director
REDMOND, WASHINGTON, September 22, 1999 - ALR Technologies Inc. today announced that Mr. John Baldwin has been appointed as President and a member
of the Board of Directors of ALR Technologies Inc.
Mr. Baldwin is one of Canada's leading independent management consultants
specializing in corporate reorganization and contract negotiations. His
experience in the public and private sectors in Canada ranges from working
for two of the largest Canadian financial institutions to being part of a
team to establish Canada's first direct satellite television service.
He has also worked on the planning, development and construction of two of
Canada's newest public mass transit systems as well as the corporate
reorganization of one of Canada's largest public health care providers. Mr.
Baldwin's experience also includes work in the food sectors in the United
States and Western Europe.
"The recent signing of our contract with Technilab has moved us from the
development to the growth phase. To organize for growth is a good challenge
to have and John's experience in developing organizations and negotiating
contracts will make this transition smooth." said Director Lorne Drever.
"I believe my role is to put senior management in place that will build a
sales and customer service team that will be prepared to handle the
explosive growth we know is coming," said Baldwin.
ALR Technologies has developed proprietary technologies to address the
problems of medication non-compliance that are estimated to cost the United
States health care system more than $100 billion a year due to increased
hospital admissions, nursing home admissions, lost productivity and
premature deaths.
The Company's product line features a patented personal medication
compliance aid that beeps, alerting patients on time-sensitive schedules
when to take prescribed medication.
Lorne Drever
Director
Web site: alrt.com
OTC Bulletin Board Symbol: ALRT
Except for the historical information contained herein, this news release
contains forward looking statements that involve risks and uncertainties,
including the impact of competitive products and pricing and general
economic conditions as they may affect the company's customers. Actual
results and developments may therefore differ materially from those
described in this release.
The OTC BB has not reviewed and does not accept responsibility for the
adequacy or accuracy of the contents of this release.
If you would like further information on ALR Technologies Inc., please call
toll free at 1-888-922-7022 |
