Medical Care Technologies Inc. Announces Appointment of Senior Communications Advisor
May 25 2012 - 11:00AM
Medical Care Technologies Inc. (OTCBB:MDCE), a
growing children's healthcare service provider, is pleased to
announce the recent appointment of Peter Verner as Senior
Communications Advisor. The position was created in order to
improve the Company's public relations initiatives, and as a means
of ensuring better communication with the shareholders, media
(North America and China), and the Company.
Peter is an influential, veteran journalist and spent 20 years
as an award-winning Producer with CBC Television, News &
Current Affairs. He has worked as Director of Communications in
Canadian politics since 2004 and, in 2006, founded The Edge
Communications, a public relations consulting firm providing
communications strategies for numerous start-up and mid-size
organizations. Peter graduated in 1971 from Sandhurst, Royal
Military Academy.
"With Peter's wide experience as a communicator and his deep
interest in China and its people, we feel that he will make a
valuable contribution to our efforts in relaying timely information
to our shareholders at a very exciting time in the Company's
development," said Luis Kuo, Chief Operating Officer of Medical
Care Technologies Inc.
Ning Wu, Chief Executive Officer of Medical Care Technologies
Inc., had this to say: "As we near the construction and opening of
our first children's health center in China, it is one of
Management's goals for 2012 to create better information flow to
our shareholders and between our employees and consultants in North
America and China. Our objective in hiring Peter is to ensure that
our entire Team is aligned with communication priorities amongst
ourselves and, more importantly, our shareholders."
The Company also wishes to address the recent fifth letter
identifier "E" which was added to its stock symbol on May 22, 2012
as a result of certifications required by the U.S. Securities and
Exchange Commission being inadvertently omitted from its recent
Form 10-Q filing. Management reacted quickly and took appropriate
steps once the certification omission problem was identified and
filed an amendment on Form 10-Q/A on May 24, 2012. "Once
identified, we were ready to remedy our filing delinquency," stated
Ning Wu, "We thank our shareholders for their patience and
understanding and our Team is here to serve your needs and to focus
on building shareholder value."
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.
CONTACT: For Further Information:
Candy Wang
Tel: (852) 8122-9660
Email: contact@medicaretechinc.com
Web: www.medicaretechinc.com
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