FOR IMMEDIATE RELEASE Contact: Bill Park, President & CEO [email protected] Randy Parker, Vice President & CFO [email protected] (843) 277-8250 PHARMRIGHT CORPORATION ANNOUNCES ANOTHER PRE-SALE OF LIVITM DEVICES Assisted Living Technologies Reserves Automated Home Medication Dispensers March 18, 2015; Charleston, SC: PharmRight Corporation, a healthcare technology company based in Charleston, SC, announced today that Assisted Living Technologies, Inc. of Meriden, CT, a leading provider of aging-in-place technologies, has signed a Letter of Intent to purchase Livi TM devices. LiviTM is a fullyautomated home medication dispenser designed and developed by PharmRight. Bill Park, President and CEO of PharmRight, said “We are very pleased to be working with Assisted Living Technologies and their sister company, Assisted Living Services. The D’Aquila family is recognized for their leadership in healthcare in the state of Connecticut. They are ideal partners for PharmRight and LiviTM.” About PharmRight PharmRight Corporation was formed in 2013 to produce devices and offer services that maximize medication adherence and allow patients to age in place. The company has developed LiviTM, an innovative, fully-automated home medication dispenser. A new entrant to what is being called “The Internet of Things,” LiviTM is designed to simulate the supervision of an on-site caregiver by prompting the user to take the right medication…at the right time…in the right quantity…with the right instructions under the Internet-enabled remote oversight of a caregiver or a team of caregivers. A cloud application monitors and captures all user interactions with the device. Family members and professional caregivers can be alerted via text message or e-mail if a user misses a dose or requires a re-fill. Comprehensive medication adherence reports are available via computer and mobile devices. About Assisted Living Technologies Assisted Living Technologies, Inc. (ALTI) was established in 2010 and provides technologically-advanced products which help seniors and individuals with special needs live at home safely. ALTI is the first company of its type in Connecticut - a company that has a sole purpose and product line that utilizes high tech products to promote aging-in-place. ALTI is a sister company to Assisted Living Services, Inc. (ALSI), a statewide provider of home care services based in Meriden, Connecticut with branch locations in Clinton and Glastonbury. Established in 1996, ALSI has over 350 employees. For more information, contact PharmRight at (843) 277-8250 or [email protected]. www.pharmright.com www.liviathome.com
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