OREM, Utah, July 15, 2014 (GLOBE NEWSWIRE) -- ActiveCare, Inc. (OTCQB:ACAR), a leader in diabetes management and wellness services for self-insured employers nationwide, today announced the appointment of Mr. Earl Hurst as President effective August 1, 2014.
"Earl's leadership and extensive experience in opening new markets within the healthcare industry will guide ActiveCare through our next phase of accelerating growth in the diabetes market," stated David Derrick, Chairman and Chief Executive Officer of ActiveCare. "Based on the recent success of our products, with services being adopted by many states and corporations, the Board of Directors has decided that it is the right time to expand emphasis in sales and marketing to drive the expansion of our market base. Earl is a perfect fit to lead our efforts to increase our sales and profitability based on his previous experience and success in leading healthcare related companies."
With the launch of its employer based diabetes wellness program in 2012, ActiveCare has experienced dramatic growth and is now servicing over 100 corporate clients. The ActiveCare solution combines real-time biometric technology with its data analytics and 24/7/365 CareCenter to create a safety net of care. This solution improves the health of employee participants while lowering the overall cost of care funded by their employers.
Mr. Hurst commented, "With the continued rapid escalation of healthcare costs, ActiveCare assists self insured employers and insurance companies through increased visibility and actionable data to better control the economic burden of diabetes. ActiveCare's unique approach strongly positions us for growth and expansion in the near term."
Prior to his appointment, Mr. Hurst spent 30 years in management, sales and marketing within the insurance and medical device industries. He previously served as Market President of Humana Utah. Subsequent to Humana he was the Executive Vice President of Fred A. Morton & Company, one of the largest health insurance brokers in the intermountain states.
ActiveCare, Inc. provides proprietary diabetes management and wellness solutions providing increased visibility to its members' health, enabling real-time care for members, and improving clinical and financial outcomes. Utilizing state-of-the-art blood glucose meters with embedded cellular technology, trained CareSpecialists intervene in real-time and provide members with the support needed to control their disease 24 hours a day, seven days a week. ActiveCare's solution is revolutionizing the way employers, individuals and their health plans monitor and manage chronic diseases. To learn more about ActiveCare please visit www.activecare.com.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act. Our actual results could differ materially from those projected in these forward-looking statements, which involve a number of risks and uncertainties, including global economic conditions generally, regulatory uncertainty and economic pressure on the healthcare industry in particular, the governmental regulation of our products, manufacturing and marketing risks, adverse publicity risks, and risks associated with assimilating our recent acquisitions. The contents of this release should be considered in conjunction with the risk factors, warnings, and cautionary statements that are contained in our most recent filings with the Securities and Exchange Commission.
CONTACT: Company Contact: Bryan Dalton, Director of Market Strategies ActiveCare, Inc. (877) 862-5545 Investor Relations: Capital Markets Group, LLC (212) 398-3486
Released July 15, 2014