BEARSVILLE, New York, June 5, 2002 - Sending another signal that it is positioned to command a significant share of the home telemonitoring market, LifeLink Monitoring, the industry's only comprehensive telemonitoring service provider, announced today that a mutual fund managed by Fidelity Management & Research Company has increased its funding of the company to $4 million. Fidelity's most recent investment follows a series of significant business wins for LifeLink Monitoring, including the recent expansion of its service portfolio and agreements with some of the nation's leading health care organizations.

LifeLink Monitoring's home telemonitoring services enable patients with chronic conditions to monitor their vital signs and symptoms at home and receive immediate feedback regarding their progress towards goal. The services act as an early warning system as well as a management tool that offers clinicians a daily window into the health of each patient. By receiving a steady stream of objective vital signs data and subjective reports of symptoms, clinicians are able to detect early signs of trouble and provide more timely medical care. This results in fewer hospitalizations, improved health and reduced costs associated with chronic illnesses such as congestive heart failure and diabetes.

"Home telemonitoring is reshaping the management of chronic illnesses," said Art Avedisian, president and CEO of LifeLink Monitoring. "LifeLink Monitoring is determined to lead the way with an all-inclusive solution that makes it easy for our customers to integrate telemonitoring into their standard of care and realize lower medical claims costs and greater operating efficiencies."

While other telemonitoring companies place the burden of telemonitoring on their customers by selling them the equipment, LifeLink Monitoring includes equipment as part of a complete service package available for a low monthly fee. Services include inventory management, equipment delivery, patient training, customer service support, patient compliance support, and equipment retrieval and refurbishment. "Our customers have found our service-based model to be ideal," Avedisian said. "They have only to enroll patients and we deliver data. They don't want the hassles of managing monitoring inventories, adding technical staff to maintain data servers, and refurbishing returned equipment. They want the patient data period. And that's what we deliver."

With this end-to-end convenience comes cost savings. For disease management organizations, LifeLink Monitoring services improve case managers' productivity by allowing them to focus on the sickest patients first. Managed care organizations realize immediate savings by correctly distinguishing between patients with hypertension and those with "white coat" or artificially elevated hypertension. Home health agencies extend nursing capacity by greatly reducing the needed number of at-home visits.

On the Move in Telemonitoring
The Fidelity investment is the fund's third funding of LifeLink Monitoring in 18 months. Recently, the company also signed an agreement with AdvancePCS, the nation's leading health improvement company. In January, after several years of offering the country's only blood pressure telemonitoring service, the company expanded its service offering by introducing remote monitoring of weight, heart rate, blood pressure and blood glucose as well as patient self-reported symptoms.

"We believe that Fidelity's latest investment will be helpful as we continue to expand our efforts," Avedisian said, adding that disease management for chronic illness alone is predicted to be a $10 billion industry by the end of the decade. "Disease management, home health care and managed care organizations are all looking for ways to improve outcomes for chronically ill patients while controlling costs," he said. "LifeLink Monitoring's services are already playing a key role in that effort."

About LifeLink Monitoring Corporation
LifeLink Monitoring is a leading provider of turnkey telemonitoring services to healthcare organizations. The company's services can be used by anyone responsible for the care of patients with chronic conditions, either in a primary care setting or a formal disease management program.

The company provides comprehensive telemonitoring services to managed care organizations, integrated delivery systems, self-insured employers, home health organizations and disease management companies.

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