OREM, Utah, Oct. 21, 2013 (GLOBE NEWSWIRE) -- ActiveCare, Inc. (OTCBB:ACAR), a leader in diabetes management wellness services, today announced the addition of Michael H. Sonnenberg to its Strategic Advisory Board. Sonnenberg, Founder and President of International Benefits Administration, is a recognized thought- leader in healthcare plan management aimed at delivering the highest quality of care while effectively managing the cost of that care for its partners and clients.
ActiveCare's advisory board is comprised of healthcare leaders from the care provider, payer, and government sectors. Included on the board is a former US Surgeon General as well as several CEOs of the most respected healthcare providers in the country. "Our advisory board provides ActiveCare with truly unique insight from some of the most progressive minds in the industry," stated Michael Z. Jones, Chief Strategy Officer of ActiveCare. "The addition of Michael Sonnenberg to the group adds a critical perspective and expertise to the group."
Michael Sonnenberg is founder and president of Designs for Finance, Inc. (est. 1982), American Financial Security Life Insurance Company, and International Benefits Administrators, one of the largest third party administrators on Long Island. Michael is an expert in providing innovative tax, financial and estate planning strategies for the corporate, not-for-profit and the individual client. During his thirty years in the field, much of which has been spent as Director of Advanced Tax Underwriting at New York's most notable insurance companies, Michael has developed the reputation for his expertise in providing cutting edge design services to his client's corporate objectives.
In the United States 8% of the population suffers from diabetes. Often referred to as a gateway to other more costly chronic conditions, diabetes accounts for over one out of every five healthcare dollars. ActiveCare helps its members to better manage their disease by providing proactive monitoring and support services. This real-time monitoring combined with ActiveCare's patented predictive informatics solution increases adherence and outcomes while lowering the cost of care. Monitoring over 30,000 diabetic employees for almost 100 employers, state and local government agencies, ActiveCare is revolutionizing diabetes management.
ActiveCare, Inc. provides patented diabetes and chronic disease management and wellness solutions that increase visibility, real-time active care for members resulting in improved outcomes and lower costs. Utilizing state-of-the-art meters with embedded cellular technology, highly trained CareSpecialists can intervene in real-time providing members with the support needed to control their disease 24 hours a day, every day. Headquartered in Orem, Utah, and publicly traded on the OTC Bulletin Board under symbol ACAR, ActiveCare solution is revolutionizing the way employers, individuals and their health plans monitor chronic disease. To learn more about ActiveCare, Inc., visit the website at 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: Investor Contact: Adam Holdsworth, Managing Director ProActive Capital Group, LLC (646)-862-4607 Media Contact: Sandra Lee, Managing Director ProActive Capital Group, LLC (646)-862-4608