RMDX.ob - RemoteMDx, Inc., together with its subsidiaries, markets and sells patented wireless location technologies and related monitoring services, as well as develops, markets, and sells personal security, senior supervision, and monitoring services in the United States. Its products and monitoring services feature wireless products that utilize global positioning system and cellular technologies in conjunction with a monitoring center. The company?s products include MobilePAL, a mobile emergency response device that locates persons in distress and dispatch the closest emergency services to their location; and TrackerPAL a tracking device, which is used to monitor convicted offenders in the criminal justice system. It also provides its technologies and services to healthcare customers to monitor and manage their own chronic disease and medical conditions, and to law enforcement officials to monitor the location of offenders and parolees wearing the TrackerPAL product.
Tuesday February 20, 9:00 am ET
SANDY, UT - RemoteMDx reported operating revenue of $988,000 for the quarter ended December 31, 2006, a 450% increase compared to $219,000 for the same period last year. The primary reason for the increase was the introduction of the TrackerPAL unit that started a full-scale deployment in December of 2006 and will demonstrate continued revenue growth throughout the calendar year of 2007. biz.yahoo.com
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