Under the terms of the distribution agreement BodyTel granted TeleHealth Services the right to exclusively market the products of BodyTel in The Netherlands and non-exclusive in Belgium for a term of one year. TeleHealth Services is also responsible for all distribution, compliance and marketing costs relating to the sale of the products in Luxembourg.
TeleHealth Services intends to begin offering BodyTel’s blood glucose monitoring and diabetes management system, GlucoTel, as well as the PressureTel blood pressure device and the WeightTel weight scale, once available, in the Benelux Region, which consists of Belgium, The Netherlands and Luxembourg.