Medical Care Technologies, Inc. announced today some exciting news that hopes to expand and advance the company. They have entered into verbal discussions with Wellfield Technology Distribution Company ("Wellfield"), a private Hong Kong company, whereby, upon completion Wellfield will have the first right of refusal to purchase and distribute MDCE's health-related products in the Guangdong Province of the People's Republic of China.
MDCE's President, Ning Wu, commented, "We are pleased to have this opportunity to embark on our plan of contributing to China's health care industry through the sale and distribution of our pharmaceuticals, nutraceuticals and other health-related products. The discussions with Wellfield are an important step in our long-term expansion plan in the fastest growing major cities of the People's Republic of China."
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About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE on the OTCBB and is based in London, England. The Company is in the process of moving its portfolio of oil resources into medical care technologies. The products/services that the company hopes to acquire are intended to constitute a healthcare delivery and wellness site, dedicated to helping Asian consumers live healthier, more balanced lives. MDCE is planning to provide advanced connectivity, internationally standardized and secure business technology and information systems to assist the Asian health industry -- physicians, pharmacists, medical institutions, and consumers -- in accessing medical resources, health services, education, wellness and pharmaceutical products throughout Asia. MDCE is planning to distribute and provide services at a diverse range of industry-leading product lines in three segments: Medical Devices, Pharmaceuticals and Nutraceuticals.
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