North Bergen, New Jersey 1/16/2010 1:54:34 AM
News / Business

MDCE (OTCBB) Medical Care Technologies Big Winner On Wall Street

Medical Care Technologies Gains 23% Today And Leads The Hot Stocks To Watch

Medical Care Technologies - Alzheimer’s and Dementia Device: Their long awaited new version of the technology finally hit the radar drawing a frenzy of investor consumption in the stock. MDCE finished up 23% today closing at $0.34. Their new devices allows for the patient's Caregiver, medical facility, and the patient's family to be able to know at all times where patients are situated, allowing for better, faster and more accurate treatment of the diseases. To learn more about MDCE.OB visit www.wallstreetgrand.com where we focus on market moving news. Here is a link to their latest PR:

 

Medical Care Technologies appears to be drawing investor attention thanks in part to President Obama's new health care plan. MDCE has an extensive suite of products and services that is rolling out to the public. Both Doctors and end users can benefit directly from MDCE’s products and services.

 

MDCE is going into direct competition with Google and IBM with their proprietary CareBox Medical Software. Electronic record-keeping has been one of the priorities at the Obama administration who has included funds in the Stimulus Plan to encourage providers to adopt electronic records.

 

Google and IBM believe very strongly in the future of electronic record-keeping as they are both multi-billion dollar corporations and have dedicated teams assigned to working on the projects.

 

This new segment of the business could grow into something omnipresent:

 

http://www.nytimes.com/2008/05/20/technology/20google.html?_r=1&fta=y

 

The CareBox is bluetooth software installed to mobile computing devices that allows upload of personal wellness information to the secure health record from monitoring devices. There by assisting in wellness evaluation. With the support of the CareBox, Telehealth devices, the Telehealth Suite and MedSuite, Medical Care Technologies plans to:

 

-       Hosts patient-specific Electronic Medical Records with pharmaceutical acquisition capabilities

-       Facilitates remote processing of physiologic data, and bilateral real time audio-visual communication between patient and medical personnel

-       Fosters audio-visual communication between family, friends and support groups in real time

-       Provides Personal Health Maintenance Tools

 

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This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act") including 2009 growth, revenue for the second quarter and year of 2009 and gross margin for the second quarter and year of 2009. Additionally, words such as "seek," "intend," "believe," "plan," "estimate," "expect," "anticipate" and other similar expressions are forward-looking statements within the meaning of the Act. Some or all of the events or results anticipated by these forward-looking statements may not occur. Factors that could cause or contribute to such differences include the impact of intense competition, the continuation or worsening of current economic conditions and the condition of the domestic and global credit and capital markets.

 

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