NEW YORK, July 17 /PRNewswire-FirstCall/ -- InstaCare Corp. (OTC Bulletin Board: ISCR), a leading distributor of life-saving prescription drugs, a leading developer and distributor of point of sale convenience products for the hotel/motel and lodging industry, and a developer of patent-pending technologies for e-health and EMR applications, announced that on May 15th Wasserman Morris upgraded its coverage on the company with a favorable rating. As part of this latest report Wasserman-Morris issued a report that upgraded its previous price target to $1.50 a share. The new price target of $1.50 is based on the company's most recent quarterly report filed on Form 10QSB and is well above InstaCare's current trading price. Wasserman Morris also raised its rating on ISCR to a "Buy." Their report is available for viewing at http://www.wassermanmorris.com. Please type in the access code ACE to receive copies of this and several other recent independent research reports published by Wasserman-Morris detailing InstaCare. About Wasserman Morris & Company Wasserman Morris & Co. is an equity research firm providing un-biased research for significantly under-followed small cap companies. Wasserman Morris & Co. distributes its research to a broad audience of institutional and individual investors seeking information on under-followed small cap stocks. Instacare has paid Wasserman Morris the sum of $25,000 for 16 months of coverage as detailed in the report. Forward Looking Statements: This release contains forward-looking statements about our business or financial condition 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 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. Wasserman Morris & Company has been compensated twenty-five thousand dollars for preparing the report. For further information, visit the company's Web Site: http://www.instacare.net or http://www.caredecision.net Company Contact: Investor Relations Contacts: InstaCare Corp. The Wells Group Keith Berman Carla Hintz (CarlaMHintz@aol.com) (805) 446-1973 (480) 391-7400 firstname.lastname@example.org
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