iNeedMD signs $1.5 million West Africa EKG Glove distribution agreement

Medical device development company iNeedMD Holdings Inc.of New York City has entered into a distribution arrangement with Clifton Africa Ltd. for the sale and marketing of the EKG Glove™ and related products in several West African countries.

Clifton's focus is on serving unmet medical needs in Niger, Nigeria, Ivory Coast, Senegal, the Republic of Benin, Mali, Burkina Faso and Ghana, where cardiovascular disease is the No. 1 cause of death in adults older than 30.

The initial term of the agreement is 12 months, with minimum product purchases totaling $1.5 million.

The electrocardiograph (EKG) is often used as a screening tool to evaluate potential cardiac damage in a hypertensive patients. The EKG Glove™ is a single-use product that helps decrease the likelihood of infection and detect cardiac damage in patients.

"The Clifton Africa Ltd. team brings a wealth of experience and contacts in the ambulatory care and clinical marketplace in Western Africa," iNeedMD President, CEO Thomas Nicolette said. "They have a keen understanding of the healthcare needs of this vast region which clearly values fast, efficient and portable medical device solutions - all benefits which the user-friendly EKG Glove™ system encompasses with respect to cardiac care. We are excited to be partnering with Clifton and are ramping up our sales support team to assist their sales organization in implementing the EKG Glove™ system."

For more information, visit www.ineedmd.com.



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