InstaCare Corp. Accepts Updated 2010 / 2011 Financial Guidance Report From William N. Walling, Jr.

NEW YORK, May 27 /PRNewswire-FirstCall/ -- InstaCare Corp. (OTC Bulletin Board: ISCR) a leading provider of prescription drugs, home testing products for the chronically ill, a leading fulfillment provider of direct to patient diabetes programs, and a leading developer of revolutionary cell phone centric e-health products and technologies, today announced that the company's Board of Directors is in receipt of an updated Guidance Report from its contracted external financial analyst, Mr. William N. Walling, Jr.  CFA. That report is currently available for viewing in its entirety on the company's website www.InstaCare.net.

Mr. Walling, an expert financial analyst specializing in the domestic healthcare system, was contracted to semiannually review the company's performance, its progress with project development, product pipeline advancement, new product introduction and financial results versus the stated plan. He was additionally engaged to analyze that data in relation to the published financial guidance and to issue an updated financial guidance report. This report as presented includes  an expectation of continued strength and market growth of current product offerings, substantial industry traction with the company's medical EMR software and consumer imaging products, and the 3Q launch of a new diagnostic product with significant short term revenue and margin contribution potential.

Robert Jagunich, Chairman of InstaCare Corp. commented:  "Mr. Walling's report reinforces our internal confidence in the company's business model and strategic direction.  This report should assure the investment community and company's shareholders that management and the BOD have faithfully executed those stated tasks documented in our plan enabling the attainment of all identified benchmarks. It also should confirm the validity of the company's business model and the viability of our continued success going forward into the future.

Mr. Walling's Guidance Report, however, excludes the impact of acquisitions or partnerships the Company may complete in 2010/2011, and does not consider the launch of any additional diagnostic products the company may introduce during the course of the current fiscal year.  Such events and /or introductions would positively impact the company's performance but are beyond the scope of Mr. Walling's analysis. The analysis also excludes a written reaction to some of the more negative economic forecasts that have recently found their way into the print media.

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.

Forward-Looking Statements:

Forward-looking statements are statements made herein which do not address historical facts and, therefore could be interpreted to be forward-looking statements.  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 release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.  Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The forward-looking statements included in this press release represent our views as of May 27, 2010. We anticipate that subsequent events and developments will cause our views to change.

SOURCE InstaCare Corp.

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