FOR IMMEDIATE RELEASE Contact: Bill Park, President & CEO bill.park@pharmright.com Randy Parker, Vice President & CFO randy.parker@pharmright.com (843) 277-8250 PHARMRIGHT CORPORATION ANNOUNCES MILESTONE PRE-SALE OF LIVITM DEVICES Utopia Assisted Living Reserves 375 Medication Dispensers April 20, 2015; Charleston, SC: PharmRight Corporation, a healthcare technology company based in Charleston, SC, announced today that Utopia Assisted Living, headquartered in Kings Park, NY, has signed a Letter of Intent to TM TM purchase 375 Livi devices. Livi is a fully-automated, cloud-connected home medication dispensing system designed and developed by PharmRight. Bill Park, President and CEO of PharmRight, said “We are very excited to be working with Utopia. They are a market leader in home care and assisted living. A commitment of this size reinforces the strength of our early go-to-market strategy.” TM David Martinez, CEO of Utopia said, “We see Livi as a new paradigm in patient care that will allow us to provide better service in a more efficient way. This is exactly what new technology is supposed to achieve. Kudos to PharmRight for this truly innovative solution to the medication adherence challenges our industry has been facing for so long.” About PharmRight PharmRight Corporation was formed in 2013 to produce devices and offer services that maximize medication TM adherence and allow patients to age in place. The company has developed Livi , an innovative, fully-automated TM home medication dispenser. A new entrant to what is being called “The Internet of Things,” Livi is designed to simulate the supervision of an on-site caregiver by prompting the user to take the right medication…at the right time…in the right quantity…with the right instructions under the Internet-enabled remote oversight of a caregiver or a team of caregivers. A cloud application monitors and captures all user interactions with the device. Family members and professional caregivers can be alerted via text message or e-mail if a user misses a dose or requires a re-fill. Comprehensive medication adherence reports are available via computer and mobile devices. About Utopia Utopia Assisted Living provides nursing and personal care to individuals living in managed residential communities throughout the state of Connecticut. The company currently services 16 locations, including The Towers in New Haven, the largest assisted living community in the state. Utopia Assisted Living is an affiliate of Utopia Home Care, one of the country’s leading independent home care agencies with operations in New York, Connecticut, Pennsylvania, North Carolina, South Carolina and Florida. For more information, contact PharmRight at (843) 277-8250 or info@pharmright.com.
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