Scottsdale 11/14/2013 4:00:00 AM
News / Stocks

QualityStocks News - Kallo (KALO) Negotiating Implementation Strategy of MobileCare™ with Guinea Government Officials

QualityStocks would like to highlight Kallo, Inc. (OTCQB: KALO). The company leverages a suite of technologies to improve the quality and efficiency of care in the $6.3 trillion global healthcare industry. Offering centralized, congruent solutions that attend healthcare and business issues, the company addresses the needs of hospitals, ministries of health, physicians, and other healthcare organizations.

In the company’s news,

Today before the opening bell, Kallo announced it has received confirmation from the Monsieur Directeur General de l’Administration et Controle des Grands Project (ACGP) Guinea on details for financing, contracts, and delivery timetables of Kallo MobileCare™. The discussions will commence on Monday, November 18, 2013. They will open with a presentation on implementation details of Kallo MobileCare™, follow up with discussion of details regarding service, training, maintenance, and education the next day, and project financing and delivery timelines by the end of the week.

“A Value for Money (VfM) assessment by the Ministry of Health on this healthcare project, which is valued at more than USD $100 million, has determined that the logic of the project is both beneficial and supported by evidence for the level of investment involved. Kallo MobileCare™ solution represents the best value for money,” stated John Cecil, Chairman & CEO of Kallo.

“We are delighted at the opportunity to help alleviate the current burden on Guinea’s healthcare delivery system by providing quick healthcare access to people all across the country. The Government of Guinea has displayed its commitment to benefit the rural population in the country, and Kallo is honored to be a part of this noble mandate. As per the confirmed itinerary, Kallo will travel to Guinea next week to plan implementation. Stand by for more exciting news on this and other projects from Kallo,” added Mr. Cecil.

Kallo MobileCare™ is a state-of-the-art healthcare technology asset that enables healthcare delivery issues in rural areas. It integrates with current healthcare infrastructures and optimizes the scope and efficiency of care by delivering higher standards through technology. Specifically, it offers the following benefits and features:

• Comprehensive solution for remote and unreached communities
• Mobile clinics fully equipped with best-in-class medical devices and congruent information systems
• Training program for ultimate adoption success incorporating medical & technical best practices from across the globe
• Centralized coordination of resources & communications through Administration Centres
• Clinical Command Centres provide support from medical specialists for complex cases through HL7, DICOM, HIPAA (among others) compliant information & telemedicine systems.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.