AMS Homecare Inc.
OTC Bulletin Board : AHCKF

AMS Homecare Inc.

January 17, 2006 06:00 ET

AMS Homecare Inc.: 65Plus Website and Update on JV

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 17, 2006) - AMS Homecare (OTCBB:AHCKF), is pleased to announce that it has completed and launched its 65plus website (www.65plusstore.com).

"We are pleased with this introduction as we continue our entry into the US Healthcare markets. The launch allows the 65Plus store to offer the convenience of internet shopping for its durable medical products as well as the pharmaceutical products. We expect to receive approvals shortly confirming our "square trade" application for use as an online pharmacy," stated Mr. Harj Gill, CEO.

In late 2004 the company had announced the signing of a letter of intent with a Canadian Pharmacy Retailer with regards to a JV in the United States. During 2005 the company implemented the opening of its first Retail Pharmacy outlet and named it 65Plus. The company is pleased to announce that progress has been made in these discussions with this Canadian pharmaceutical retailer for the purpose of setting up a US online Joint Venture. The Joint Venture will conduct business in the US and meet all US regulations once concluded. The company believes this will further enhance the company's ability to market medical products and pharmaceuticals in the US.

About AMS Homecare

Founded in 1989, AMS Homecare is a successful purveyor of mobility equipment, durable, disposable medical products, patient monitoring technology and is a US retailer with its own pharmacy/durable equipment store (http://www.65plusstore.com). With a base of 300-plus dealer customers in Canada, the company is moving forward to strengthen its foundation and to build an organization capable of serving the independence needs of the aging populations in Canada and the United States. More information is available at (http://www.amshomecare.com).

Safe Harbor Statement: Statements contained in this fact sheet relating to AMS Homecare that are not historical facts are "forward-looking" under the Private Securities Litigation Reform Act. Forward-looking statements are subject to risks and uncertainties, including, but not limited to: the company's ability to maintain strong relationships with its primary supplier and key dealers; the effects of competition from companies with greater resources; changes in manufacturers' distribution channels; fluctuations in foreign currency; the level of government reimbursement for users as well as other government regulations; the company's ability to retain key personnel; and, its ability to secure financing, notably to support its expansion into the U.S. market. These risks and uncertainties and others are enumerated in the company's most current filed Annual and Interim Reports and could cause actual results to differ materially from those projected or implied in the forward-looking statements. Except for the company's continuing obligation to disclose material information under federal securities law, it is not obligated to update its forward-looking statements.


Contact Information