BEIJING, Aug. 4, 2011 /PRNewswire/ -- Medical Care Technologies Inc. (OTCBB: MDCE), a children's healthcare service provider, announced today the hiring of a leading business solutions firm to design the Company's first flagship children's health center.
G-Design Consultant Inc. ("G-Design") is a premier provider of construction, project development and business solutions, with experience in design analysis and coordination of project documents through the construction phase in a variety of working projects – commercial, residential and specialty design.
Recently, the Company announced that it signed a six year operating lease in Dongguan, Guangdong Province and this new location will serve as the company's first flagship children's health center. G-Design will provide planning and implementation and has specialized expertise required to successfully execute facility construction on Teddyberry™ and Company (Dongguan) Health and Wellness Center, due to open in the fourth quarter.
"We have a proven track record of delivering construction and facilities management projects on time and on budget," said G-Design Consultant Inc.'s Owner and Designer Gary Lee. "For every project, our focus is on completing on time to allow the client to begin generating revenue as quickly as possible," he added.
G-Design has solid knowledge of all required building and safety standards in Guangdong Province and can assure compliance with special inspection requirements, verify that manufacturers are knowledgeable about code requirements, expedite the inspection approval process and, save the Company money otherwise spent on code compliance.
"Design is vital to the future of our first children's health center, and it's important, not only aesthetically, but to ensure it is constructed safely and adheres to all necessary building requirements," commented Luis Kuo, Chief Operations Officer of Medical Care Technologies Inc.
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.
SOURCE Medical Care Technologies Inc.