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Medical Care Technologies Inc. Launches Membership Program for Pediatric Healthcare Service


News provided by

Medical Care Technologies Inc.

Jun 24, 2011, 08:00 ET

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BEIJING, June 24, 2011 /PRNewswire/ -- Medical Care Technologies Inc. (OTCBB: MDCE), a children's healthcare service provider, announced today that it has commenced the enrollment process for its premium healthcare membership program, in preparation for the grand opening of the Company's first facility in the heart of Dongguan, China's high-end commercial district.

Families may now enroll in Kid's Quality Care ('KQC'), the pediatric services plan from Teddyberry™ and Company healthcare centers, specifically designed to deliver the highest quality pediatric care available to children in China.

'KQC' is a premium healthcare membership program that will grant members access to the finest care available, by top grade pediatricians, throughout the Company's Chinese network of health and wellness centers. This membership program will also provide services to both children of expatriate and local Chinese families.  

Annual fees for customized membership programs will range from RMB 5,000 to 10,000 per member for an array of proactive pediatric healthcare services such as: physical and psychological health checks, private doctors, regular monitoring and follow-up consultations, 24 hour personal kids' health concierge call-center, as well as physical training and stress testing.

"There are more children's health and wellness centers planned but we will grow at a safe pace so that we maximize and maintain high quality services to the children and their families," stated Ning Wu, President and CEO of Medical Care Technologies Inc. "Our first 'Kid's' health center is set to open in a few short months and public acceptance has been overwhelming."

"We will staff and operate each healthcare center and offer state-of-the-art facilities on a membership basis as well as walk-ins," added Luis Kuo, Chief Operations Officer of Medical Care Technologies Inc. "Our growth will not exceed our ability to staff and operate efficiently and manage our growth accordingly."

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:
Contact: Don Griffin
Tel: (480) 251-1449     Fax: (810) 222-5453
Email: [email protected]
Web: www.medicaretechinc.com

SOURCE Medical Care Technologies Inc.

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