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Allarae Healthcare, Inc. (PINKSHEETS: ALHI) is one of our highlighted companies this month. The company is in the business of providing consumers with affordable personal health screening products and interactive health monitoring software. The Company's vision centers on the development and acquisition of unique personal health screening products and services to improve the way individuals relate to their health and understand their changing health status.
In our client’s news today,
In a press conference this morning, Allarae Healthcare Incorporated announced that it has selected Gary Wald and his company, Incubator Partners, as its marketing and distribution consultant. Allarae is an international developer and distributor of advanced biotechnology and personal health screening products. Allarae’s monitoring kits include screenings for influenza, breast cancer, strep throat and prostate cancer. In the near future, the company anticipates distributing HIV, hepatitis, malaria and heart disease screening products.
The new partnership with Incubator products is the next logical step for Allarae to meet its goal of $10-$20 million in sales by the year 2010. Incubator Partners has proven itself as a premier marketing and business development consulting firm in just five short years. A lot of Incubator Partner’s success has been attributed to Mr. Wald’s hard work and dedication to the company. Phil Matteis, CEO of Allarae HealthCare said, “We selected Gary Wald, after a long evaluation period, because of his extensive experience in marketing healthcare products and services to consumers, physicians and managed care companies.”
In addition to starting and running a successful firm, Mr. Wald holds an MBA in marketing from Northwestern University. Prior to branching out on his own and founding Incubator Partners, Wald worked for several major advertising agencies, including Ogilvy & Mather and Grey Advertising. During his employment with these agencies, he has had many notable successes, including the launch of Aim Toothpaste, the re-branding of Dove soap, the introduction of the “Transformers” toy series and the subsequent build into one of the industry’s most successful toy brands, the licensing of both “Transformers” and “G.I. Joe” television programs to broadcasters around the world, the launch of CNBC as a worldwide brand, and the subscriber growth and generation of licensing revenue for GTE’s (now Verizon) cable TV and Internet divisions.
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