DALLAS, Oct. 17, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of ALR Technologies, Inc. (OTCBB:ALRT). ALR Technologies is a pioneer in the emerging market for home health management and disease management industry. ALRT has developed technology-based, "clinically proven" medication reminder products and compliance monitoring and health intervention systems servicing the health care industry. ALRT's products have been developed to address the growing problem of patient adherence to medical disease management treatments and activities that contribute to more than $140 billion dollars annually in excess healthcare costs. Healthcare costs in the U.S. account for 15% of the gross domestic product and is expected to reach 25% by 2020.
To view the StockGuru.com Profile for ALR Technologies, Inc., please visit:
http://www.stockguru.com/profiles/alrt/
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This release contains certain "forward-looking statements" relating to ALR Tech's business, and these statements reflect the current views of ALR Tech with respect to future events and are subject to certain risks, uncertainties and assumptions. When used, the words "estimate," "expect," "anticipate," "believe" and similar expressions are intended to identify such forward-looking statements. There are many factors that could cause the actual results, performance or achievements of ALR Tech and its products to be materially different from any future results, performances or achievements that may be expressed or implied by such forward-looking statements. Further management discussions of risks and uncertainties can be found in the company's quarterly filings with the Securities Exchange Commission.
Disclosure: Pentony Enterprises LLC was compensated $15,000 from a non-controlling third party for profile coverage. Pentony Enterprises is not a registered investment advisers or a broker/dealer. Pentony Enterprises LLC makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.