Medical Care Technologies Inc. to be Featured on 'Your Monies Worth' Business Radio Program to Discuss Healthcare Plans in China
BEIJING, June 7, 2011 /PRNewswire/ -- Medical Care Technologies Inc. (OTCBB: MDCE), a children's healthcare service provider, announced today that it will be featured on a live broadcast of 'Your Monies Worth' radio program. The program will air on Friday, June 17, 2011 between 10:00-11:00 AM EST on WSBR 740AM South Florida, and worldwide on the web at www.wsbrradio.com.
Joining in live from China, Medical Care Technologies Inc. will appear on the long-running show hosted by Mick Baszuly, broadcasting from Beasley Broadcasting Studios in south Florida.
"We have focused on emerging companies from China now trading on American exchanges for years and see the trend increasing of Chinese owned companies now listing on domestic exchanges," stated Mick Bazsuly, "Your Money's Worth" show host and broadcaster. "We first began interviewing new energy companies in January 2009 and have watched these companies move on successfully from the OTCBB to the NASDAQ," he added.
China's exploding economic growth and profit potential is enticing American dollars to be invested abroad. Driven by decreased regulation, many progressive companies including automotive, financial and medical are also setting up operations in the Far East as well.
"We are pleased that Medical Care Technologies Inc. has been selected to appear on the show and look forward to addressing questions, as well as discussing the income potential from setting up our operations in China in addition to our long-range plans for the future," said Luis Kuo, Chief Operating Officer of the Company. "This is our first chance to address our shareholders as well as the investing public as to our overall objectives and our direction in the years ahead," he added.
'Your Monies Worth' has been on the air since 2002 and has showcased many progressive companies, allowing management of these companies to explain their business plan and address questions from the general public. Interested listeners who wish to submit questions, which may be read on air, in advance may do so by email to [email protected]. The show appearance will be on Friday, June 17, 2011 at 10:00-11:00 AM and heard on 740AM South Florida, WSBR as well as live on the web at www.wsbrradio.com or www.medicaretechinc.com.
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: |
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Contact: Don Griffin |
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Tel: (480) 251-1449 |
Fax: (810) 222-5453 |
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Email: [email protected] |
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SOURCE Medical Care Technologies Inc.
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