Medicus Homecare Inc.

March 18, 2015 06:00 ET

Medicus Files Prospectus With German Federal Financial Supervisory Authority (BAFIN)

STUTTGART, GERMANY--(Marketwired - March 18, 2015) - Medicus Homecare Inc. (OTCQB:MDCR) Medicus Homecare Inc. (the "Company" or "Medicus") is pleased to announce the filing of a Prospectus with the German Federal Financial Supervisory Authority (BAFIN) in order to obtain a listing for its common stock in Germany.

The Company will continue to work with BAFIN and provide any additional information that is required in order to receive approval as soon as possible. BAFIN has acknowledged receipt of the Prospectus and is now in the process of a formal review.

"Ambulatory care services and nursing care represent a 27 billion EUR annual market in Germany and is expected to reach 50 billion EUR by 2020. Our business is centered within the German market and by obtaining listings across various stock exchanges in Germany we will have access to one of the world's largest and most respected capital markets," commented Dr. Orhan Karahodza. "Giving the investment community the ability to trade the Company's shares on a major stock exchange in Germany will further increase European investor interest and visibility to our business."

About Medicus Homecare Inc.:

Medicus provides medical in-home care services, including ventilation for patients who suffer from debilitating diseases such as Amyotrophic Lateral Sclerosis (ALS), Muscular Dystrophy (MD), Guillain-Barré syndrome (GBS), and Chronic Obstructive Pulmonary Disease (COPD). Other services include acute post-patient care, respiration optimization, and monitoring of long-term home respiration with nationwide care available within 24 hours for all respiration cases.

The Company currently operates in the Stuttgart area with seven local checkpoints and is planning to open additional checkpoints throughout all major German cities. At the present time, the Company has 103 employees of which 80 are nurses responsible for maintenance and care of patients.

The Company is working with BAFIN to obtain approval for its prospectus and listing however no assurances can be provided.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Medicus cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Medicus' control. Such factors include, among other things: risks and uncertainties relating to Medicus' business plan, Medicus' ability to raise sufficient financing and Medicus' limited operating history. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, Medicus undertakes no obligation to publicly update or revise forward-looking information. No stock exchange, securities commission or other regulatory body has reviewed nor accepts responsibility for the adequacy or accuracy of this release. Investors are advised to carefully review the reports and documents that Medicus Homecare Inc. files from time to time with the SEC, including its Annual, Quarterly and Current Reports.

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