NeuroMetrix Announces Distribution Agreement With Prism Health Care Services

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NeuroMetrix Announces Distribution Agreement With Prism Health Care Services

BOSTON--(BUSINESS WIRE)-- NeuroMetrix, Inc. (NASDAQ:NURO) and Prism Health Care Services, Inc., an affiliate of The Alden Network, today announced an agreement under which Prism will be the exclusive distributor of Quell® wearable pain relief technology in Illinois and Wisconsin for patients in assisted and independent living centers. Prism is also authorized to distribute Quell to other health care centers in the region.

Susan Cesek, General Manager of Prism Health Care Services, Inc., commented: "Many of our patients suffer from chronic pain. We are thrilled to add a drug-free pain management solution to our product portfolio at an affordable price. Quell is going to enhance our line of comprehensive medical products that we offer to clients."

Quell is an easy-to-use, over-the-counter device for chronic pain relief. The wearable device utilizes NeuroMetrix's wearable intensive nerve stimulation (WINS) technology to provide pain relief. In a recent clinical study, 81 percent of participants reported improvement with chronic pain and overall health after using Quell. Quell is available through select health care professionals, retailers and www.quellrelief.com.

"We are excited to embark on this partnership with Prism Health Care Services as part of our strategy to further engage health care professionals in dispensing and recommending Quell to patients who suffer from chronic pain," said Frank McGillin, Senior Vice President and General Manager, Consumer for NeuroMetrix.

About NeuroMetrix

NeuroMetrix is an innovative health-care company that develops wearable medical technology and point-of-care tests that help patients and physicians better manage chronic pain, nerve diseases, and sleep disorders. The company is located in Waltham, Massachusetts and was founded as a spinoff from the Harvard-MIT Division of Health Sciences and Technology in 1996. For more information, please visit www.NeuroMetrix.com.

About Prism Health Care Services Inc.

Prism Health Care Services Inc. is a medical supply company based in Schaumburg, IL providing respiratory equipment and medical supplies to patients throughout the Chicagoland area since 1995. Prism is a partner to many of the leading hospitals, national insurance providers, home health agencies and assisted and independent living facilities in Illinois and southern Wisconsin. For more information, please call 1-800-493-7200 or visit www.prismhc.com.

NeuroMetrix, Inc.
Thomas T. Higgins, 781-314-2761
SVP and Chief Financial Officer
neurometrix.ir@neurometrix.com

Source: NeuroMetrix, Inc.

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