SOURCE: Medical Care Technologies Inc.

April 22, 2014 08:30 ET

Medical Care Technologies Inc. to Participate in an E-Health Public Private Partnership (PPP) Program of the Hospital Authority in Hong Kong

Initiative Designed to Lay the Groundwork for the Pilot Roll-Out of Medical Care Technologies' E-Health Information Technology Solutions in Hong Kong

HONG KONG, CHINA--(Marketwired - Apr 22, 2014) - Medical Care Technologies Inc. (OTC Pink: MDCE) (PINKSHEETS: MDCE), a healthcare technology company providing information technology solutions and family healthcare services in China, today announced that it will be participating in the Hong Kong Hospital Authority PPI-ePR Public Private Partnership (PPP) program.

Public Private Interface - Electronic Patient Record sharing Pilot Project (PPI-ePR) is the first step towards the goal of developing a territory-wide electronic Health Record (eHR) system according to the Hospital Authority in Hong Kong. The growing popularity of web technology has created a new window of opportunity for information communication, dissemination and assimilation. The PPI-ePR Project implemented a web-based electronic system to allow integrated, real-time patient-based information to be shared among clinics, private and public hospitals.

"The Hospital Authority in Hong Kong has long valued its collaboration with the private sector in expanding healthcare service and choices for our patients," commenting Dr. W L Cheung, the Director of Cluster Services Division, Hospital Authority. "In recent years, leveraging on available capacity and capability in the private sector through Public Private Partnerships (PPP) has become a key strategy for managing demands for and enhancing public patients' access to clinical services."

"Participating in the Hong Kong Hospital Authority PPI-ePR Public Private Partnership is an important first step in our preparation towards the pilot roll-out of Medical Care Technologies' e-Health Information Technology solutions in Hong Kong," said James Lau, Chief Executive Officer of Medical Care Technologies Inc. "We are very pleased to have the proactive support and cooperation from the Hospital Authority in Hong Kong."

About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE on the OTC Markets and headquartered in Hong Kong, China Special Administrative Region (SAR). MDCE, through joint ventures or Chinese subsidiaries, develops e-Health information technology solutions and services and a network of integrated healthcare family and children's clinics in urban areas throughout China. Solutions and services are geared towards both urban and rural areas of China. MDCE's role is to enhance the overall well-being of the family and community and to expand its healthcare services to include preventative health and wellness education. MDCE's main mission is simple -- to become a leading provider of health information technology solutions and services in China. Information on the Company can be found on the Company's website at

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.

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