Instacare Corp. to Host Shareholder Conference Call on January 27, 2010 to Provide 2010 Guidance and Discuss Recent Events
- Company Also Announces Plans to Recap FY2009 and a Look Forward to FY2010 in a Letter to Shareholders
- Company Confirms Contacts From Multiple Investment Banks but Reiterates That Any Plans for Capital Raise are Pre-Mature
LOS ANGELES, Jan. 4 /PRNewswire-FirstCall/ -- Instacare Corp. (OTC Bulletin Board: ISCR), a leading provider of life-saving prescription drugs, home testing products for the chronically ill, a leading fulfillment provider of direct to patient diabetes programs and a leading developer of e-health technology and revolutionary cell phone centric technologies and products announced today that the company plans a series of events to educate and inform shareholders, the investment community, and other interested parties about the company's plans and expectations for 2010.
Robert Jagunich Chairman of Instacare commented, "To begin our 2010 campaigns, the company plans to announce the additions to our Board during the week of beginning January 11, 2010. We will follow that announcement with the posting on the Instacare web site of a Letter to Shareholders scheduled for posting during the week of January 18, 2010. This shareholder letter will recap our breakout 2009 and provide a look forward into 2010. I also plan to discuss the events leading to our conditional application for listing on the Amex exchange. This letter, which I began over the holidays, is the most exciting shareholder discussion I have taken part in during my long healthcare career."
Keith Berman Secretary and CFO of Instacare commented, "Given the markets' initial evaluation that we could have a game changing product, we have taken our time, accepted counsel from many sources, allowed our shareholders a voice, and are now ready to inform and educate. All this being said the news events schedule we are providing today is by no means the only news the company plans to announce in the month of January."
Mr. Jagunich concluded, "Our shareholders and several investment banks have asked the company to host a conference call to provide guidance for 2010 and allow for shareholder questions and discussion. The Board has graciously agreed and we have tentatively scheduled the call for January 27, 2010. We plan to disseminate a news release two days prior to the call with pertinent details. We expect to be able to accommodate all who plan to attend."
Our MD@Hand technologies allow physicians to gain access and securely store electronic medical records without the need of a stand-alone computer, tablet PC or PDA. The company has determined that no other market provider can offer a physician a suite of robust, secure internet based EMR, patient medical history applications, and proposed treatment protocols in a hand held mobile appliance, capable of use by a physician after 15 minutes of training. The company estimates that the Verizon Windows phones will allow EMR permanent storage for up to 5,000 patients for up to 10 years, or more. The Apple iPhone, Palm Pre, the ubiquitous Droid, and the Blackberry phones are equally impressive although permanent storage is slightly less.
Forward-Looking Statements
This news release contains forward-looking statements about our business, or financial condition and prospects that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.
For more information about Instacare Corp. and/or its revolutionary MD@Hand cell phone centric technologies, please visit the Instacare web site www.instacare.net or call the company at (805) 446-2973.
SOURCE Instacare Corp.
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