SOURCE: EncounterCare Solutions

June 12, 2012 11:14 ET

EncounterCare Solutions Announces 3rd Quarter Results

NORTH PALM BEACH, FL--(Marketwire - Jun 12, 2012) - EncounterCare Solutions, Inc. (PINKSHEETS: ECSL) announced today that it earned $3,091,000 ($.06 per share) through the end of its third quarter (March 31, 2012). Earnings include a non-recurring $794,000 gain on the sale of an investment. Revenue for the first three quarters totaled $2,787,000.

The Company also announced that it had submitted the necessary information (including financial statements) to attain OTC markets pink sheets current status.

About EncounterCare Solutions:
EncounterCare Solutions, Inc. (PINKSHEETS: ECSL) operates its business through two divisions, the Healthcare Technology Division and the Healthcare Services Division. ECSL offers a broad range of proprietary healthcare Technology, products and services that address several substantial target markets, including the Healthcare Information Technology market, the healthcare telemedicine and remote patient monitoring market, and the Home Health Care market.

Safe Harbor:

Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will likely result," "expected to," "will continue," "anticipated," "estimate," "projected," "intends," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital changes in laws or regulations, the affects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, and the ability of the Company to obtain additional financing. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.

Contact Information

  • Brian Pybus