SOURCE: Complete Care Medical, Inc.

September 20, 2007 09:39 ET

Complete Care Medical (OTCPK: CCMI) to Post Second Quarter Financial Results Today; Urology Sales Increase of 74% Over First Quarter and Key Overhead Reductions Lead to Vastly Improved Second Quarter Numbers

HOUSTON, TX--(Marketwire - September 20, 2007) - Complete Care Medical, Inc. (PINKSHEETS: CCMI) is pleased to announce it will post second quarter financials ended June 30, 2007 on later today that demonstrate significant improvements across the board. Sales of the Complete Care's high margin urology products rose by 74% over the first quarter, and the positive trend is continuing in the current quarter. Also, the suspension of retail walk-in pharmacy operations has allowed the Company to make significant overhead reductions thus improving gross operating income.

CEO JP Monteverde III stated, "I firmly believe Complete Care Medical has turned the corner. We have identified our target niche markets and, in the second quarter, we proved our model works." He continued, "The immediate focus of the Company is to show sustained profitability. August, although in the third quarter, was our first profitable month operationally, and we aim to continue this trend going forward."

Gross payroll as it relates to gross sales is a key indicator of increased efficiency and shows the effect of a company's ability to acquire new customers and re-service them without additional significant cost. In the first quarter, the ratio was 22% and in the second quarter it was only 8.7%. Management is focused on driving down overhead and customer acquisition costs as a percentage of sales.

Mr. Monteverde added, "The retail walk-in pharmacy business was never a significant part of our sales. The decision to close our doors to walk-ins has allowed us to move to a lower cost tier with our wholesale drug suppliers and reduce staff overhead."

Complete Care Medical, Inc. is goal oriented to provide cost effective direct-to-consumer medical products and services that maximize revenue opportunities for its partners and shareholders. The company is currently working on launching new divisions designated to deal with disease specific illnesses in the United States and South America.

About Complete Care Medical Inc.

Through its subsidiaries, Complete Care Medical, Inc. provides patients in all 50 states with lower cost alternatives for disease management, medical supplies and prescription pharmaceuticals. In addition, Complete Care Medical's discount services and medication program offers healthcare payers, healthcare providers, healthcare professionals and patients with easy access to utilization and compliance data in order to improve patient outcomes and improve quality of life. Website:

Forward-Looking Statements: This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties.

All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

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