BEIJING, July 8, 2011 /PRNewswire/ -- Medical Care
Technologies Inc. (OTCBB: MDCE), a growing children's
healthcare service provider, announced today that its Board of
Directors, Management Team and Medical Advisory Board members
recently met over a series of meetings in Dongguan and Beijing, China to plan the Company's strategic
operational next steps for the upcoming year.
Medical Care Technologies Inc., through its Chinese subsidiary,
Teddyberry™ and Company, owns and operates private children's
health and wellness centers throughout China. The series of meetings over the course
of five working days assembled the leadership teams to develop the
planning framework of its pediatric operations for 2011 – 2012.
Meetings included discussions on the implementation of integrated
healthcare services, planning and budget development, future
expansion cities, and other strategic objectives. Meetings also
included several government health officials from various cities
and provinces in China and further
advanced previous discussions for license attainment in the larger
and Tier-2 cities.
"Our vision is to create a world class children's integrated
healthcare system for our patients and their families. To do so
requires planning and commitment. Our objective at these meetings
is to ensure that our entire Management Team is aligned with
operational priorities and that these form the basis of our long
term vision of what we see as possible for our health centers,"
stated Ning Wu, Chief Executive
Officer of Medical Care Technologies Inc.
"We had the opportunity to ensure we are all committed to the
transformation of children's healthcare in China and to the development of our capacity
for effective implementation of our objectives, stated Dr.
Mark Langweiler, medical advisor for
Medical Care Technologies Inc.
The Company is poised to open its first Teddyberry™ and Company
health and wellness center in Dongguan,
China in fourth quarter 2011.
About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE
on the OTCBB and is headquartered in Beijing, China. MDCE, through joint
ventures or Chinese subsidiaries, develops a network of children's
health facilities in the larger urban areas throughout China. Services are geared towards the
advancing economic middle-class and upper class Chinese families.
Specializing in the care of children between the ages of 3 to 16,
MDCE's role is to enhance the overall well-being of the family and
community and to expand its pediatric services to include
preventative health and wellness education. MDCE, through its
children's health facilities, will also distribute a diverse range
of industry-leading pharmaceutical and nutraceutical product lines.
MDCE's main mission is simple – to become a healthcare service
provider leader in children's health. Information on the Company
can be found at www.sec.gov and the Company's website at
www.medicaretechinc.com.
Safe Harbor Statement
All statements contained in this press release, other than
statements of historical fact, are forward-looking statements,
including those regarding: MDCE's products, services,
capabilities, performance, opportunities, development and business
outlook, guidance on our future financial results and other
projections or measures of our future performance; the amount and
timing of the benefits expected from strategic initiatives and
acquisitions or from deployment of new or updated technologies,
products, services or applications; and other potential sources of
additional revenue. These statements are based on our current plans
and expectations and involve risks and uncertainties that could
cause actual future events or results to be different than those
described in or implied by such forward-looking statements. These
risks and uncertainties include those relating to: lack of
operating history, transitioning from a development company to an
operating company, difficulties in distinguishing MDCE's products
and services, ability to deploy MDCE's services and products,
market acceptance of our products and services; operational
difficulties relating to combining acquired companies and
businesses; our ability to form and maintain mutually beneficial
relationships with customers and strategic partners; changes in
economic, political or regulatory conditions or other trends
affecting the healthcare, Internet, information technology and
healthcare and pharmaceutical industries, and our ability to
attract and retain qualified personnel. Other risks and
uncertainties may include, but are not limited to: lack of or delay
in market acceptance and fluctuations in customer demand,
dependence on a limited number of significant customers, reliance
on third party vendors and strategic partners, ability to meet
future capital requirements on acceptable terms, continuing
uncertainty in the global economy, and compliance with federal and
state regulatory requirement. Further information
about these matters can be found in our Securities and Exchange
Commission filings. We expressly disclaim any intent or obligation
to update these forward-looking statements.
For Further Information:
Contact: Don Griffin
Tel: (480) 251-1449 Fax: (810) 222-5453
Email: don@virmmac.com
Web: www.medicaretechinc.com
SOURCE Medical Care Technologies Inc.