AMS Homecare Inc.
OTC Bulletin Board : AHCKF

AMS Homecare Inc.

August 24, 2007 06:00 ET

AMS Homecare Inc. to Complete $7 Million in Financing and Acquire TOTALtrak Global

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 24, 2007) - AMS Homecare Inc. (OTCBB:AHCKF), a leading national provider of mobility products, durable medical products and patient monitoring technology to the aging North American population is pleased to announce that the company has entered into a Letter of Intent with Totaltrak Global ( www.totaltrakusa.com ) on August 23, 2007.

The agreement with Totaltrak Global outlines the completion of the acquisition of Totaltrak Global by AMS Homecare Inc. by purchasing no less than 51% of the issued and outstanding shares of the company at the time of closing of the transaction. In addition, the completion of the transaction will involve the completion of a US seven million dollar private placement at fifty cents (.50) per share US$. The transaction is intended to be complete by September 28, 2007.

TOTALtrak Global is a high-tech global Asset Management Company utilizing state-of -the-art radio frequency identification (RFID) and patent-pending multi-range (MRID) technologies, global positioning technologies and advanced programming to create comprehensive "TOTAL Asset Management Systems." Totaltrak Global currently holds patents to RFID technology. It is the intention of AMS Homecare Inc management to incorporate RFID technology in its current monitoring technology initiatives.

Tony Hines who is expected to join AMS Homecare Inc. upon completion of the transaction is a co-founder and Chief Technology Officer of TOTALtrak Global. He has served as president or CEO of several companies and currently sits on the board of four corporations. Mr. Hines is the co-founder and vice president of Western Solid State Ltd., which has provided him with substantial experience in successfully developing and marketing new technologies. He was also the co-founder of Impact Sports, a sports medical research company. Impact Sports later became VSM/Medtech, which is now a publicly traded corporation. He was the founder of iCyberdata, an Internet case management provider for the judicial and law enforcement industry. iCyberdata's software is prominent in the Hillsborough county court systems. Mr. Hines has worked in Tampa Bay, Florida and New York as director of engineering and operations for two of the major broadcast networks. He was honored in 1996 with a National Broadcast Emmy Award for his engineering work on the Centennial Olympic Games. Mr. Hines holds many patents on leading edge technology. He is a graduate of the University Of South Florida Faculty Of Engineering.

The company will further update shareholders next week with regards to corporate developments as the company continues to attempt to recover from damages suffered by the company in previous years.

About AMS Homecare

Founded in 1989, AMS Homecare is a purveyor of mobility equipment; durable, disposable medical products, and patient monitoring technology. AMS is a USA 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 and strengthening its foundation, building an organization capable of serving the 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. Investors should refer to the Full and Complete Safe Harbour Statement disclosed on the company website (http://www.amshomecare.com).

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