QUEBEC CITY, Nov. 22 /CNW/ - Medical Intelligence Technologies Inc.
(TSX-V: MIZ) today announced that its French subsidiary, Medical Mobile SAS,
has signed a definitive distribution agreement with Orange Healthcare, a
division of France Telecom dedicated exclusively to health services, for the
commercialization of the Columba bracelet in France. Under terms of the
agreement, Orange Healthcare will distribute Medical Intelligence's Columba
bracelet to the institutional healthcare market under the brand "Columba by
Orange", and Medical Mobile SAS will be responsible for the Columba's
distribution to the general public and other potential markets. This agreement
formalizes the letter of intent signed by both parties in March 2007 and
allows each company to offer a commercial product that addresses France's
Alzheimer Plan goal, to create a means for individuals with Alzheimer's to
remain in their homes.
"France Telecom is the ideal partner to move forward with the
distribution of our Columba bracelet to the institutional healthcare market,"
said Mr. Philippe Huneault, President and CEO of Medical Intelligence. "The
Columba by Orange bracelet will be one of many products and services offered
by Orange Healthcare to institutions, health related associations and
retirement homes. This partnership will allow us to leverage Orange
Healthcare's sales force, penetrate this market more rapidly and implement a
key element of our commercialization strategy. The sale of our Columba
bracelet will also benefit from the French government's recent filing of a
national plan to address Alzheimer's with the objective of maintaining
autonomy for patients and emphasizing the importance of home care."
About Medical Intelligence Technologies
Medical Intelligence is the early innovator in the personal telesecurity
industry, integrating information and telecommunications technologies to the
healthcare sector. The firm designs portable medical devices for the benefit
of people having health or safety concerns. Based in Quebec City, the Company
also has subsidiaries in France, Spain and the United Kingdom (Medical Mobile)
where it commercializes the Columba, a GPS bracelet designed to prevent
Alzheimer wandering. For further information, visit www.medicalintelligence.ca
About Orange Healthcare
Orange Healthcare is spearheading the Orange strategy of offering new
services. Over the last 10 years, Orange has developed significant experience
through a number of pilot projects with key players in the healthcare field.
The company will take advantage of that experience and coordinate its
healthcare activities under the banner of Orange Healthcare - its new Health
division. As an integrated operator, the company has the technological
know-how to offer simple, trustworthy and effective personal and medical
services, thereby providing innovative solutions responding to the needs of
patients and healthcare professionals.
Any statement in this press release that does not relate directly and
exclusively to historical facts can be considered a forward-looking statement.
Such statements reflect the intentions, plans, expectations and beliefs of
Medical Intelligence Technologies, and are subject to risks, uncertainties and
other factors that are largely beyond the Company's control, to the extent
that actual results may differ significantly from those contemplated by such
statements. Medical Intelligence Technologies neither intends nor is required
to update or revise such forward-looking statements based on new information
or future events, or for any other reason.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
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Communications, (418) 682-6111, firstname.lastname@example.org; Montreal, Johanne Lépine,
Media Relations, Torchia Communications, (514) 288-8290, ext. 234,
email@example.com; Investor relations: Eric Bouchard, The Equicom Group
Inc., (514) 844-7997, firstname.lastname@example.org