Business
License Signed for Personal Medical Test Kits
License Signed for Personal Medical Test Kits.
About this update from The Kiley Group Inc
[{"type":"text","content":"ALHI - Allarae Healthcare, Inc.\t\tPress Release\n\t\t\t\t\t\t License Signed for Personal Medical Test Kits\n\nALLARAE HEALTHCARE INC. ANNOUNCES SIGNING OF LICENSING AGREEMENT FOR PERSONAL HEALTH TESTING PRODUCTS\n\nIrving, Texas, November 28, 2007 (Business Wire) - Allarae Healthcare, Inc. (OTCPK: ALHI) announced today that it has signed a Master Licensing Agreement with Intellect Holdings, Ltd. for the right to sell a broad range of personal health testing kits, several already FDA approved, and related tracking software. The test kits will include analysis of hair, saliva, breath, urine and blood for the immediate screening of major medical indicators and other individual health conditions. \n\nThe Company further stated that several of the personal test kits are completed and ready to be marketed including tests for strep, influenza, and cholesterol and glucose levels. Tests for numerous other conditions including certain forms of cancer and hepatitis are near completion and will be ready for the market in 2008. \n\n\"These personal test kits and the related tracking software for individual use are the start of a new era in personal health management and tracking,\" stated Phil Matteis, President of Allarae. \"It will give individuals more control of their ability to test for numerous disease indicators and track the results on an ongoing basis with their care providers.\"\n\nThe Company stated that individual product announcements will be forthcoming as products are brought to the market.\n\nSafe Harbor Act Disclaimer: Forward-looking statements in this release are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks, and uncertainties and actual results could differ from those discussed. This material is information only and is not an offer or solicitation to buy or sell the securities.\n\nCONTACT:\n\nAllarae HealthCare, Inc.\nPhillip Matteis\n972-868-9101\n","length":1980,"tagName":"div"}]