SOURCE: MedCAREERS GROUP, Inc.

MedCAREERS Group, Inc.

September 17, 2015 08:00 ET

Nurses Lounge Adds an Additional Seven Leading Schools

DALLAS, TX--(Marketwired - Sep 17, 2015) - Nurses Lounge, a professional network for nurses, is proud to announce seven more prestigious nursing schools at leading universities have joined its professional network.

Nurses Lounge, Inc., a wholly owned subsidiary of MedCareers Group, Inc. (OTC: MCGI), has spent the year building the supply side of the hiring chain and is now beginning to realize the rewards. The following schools that have recently joined are:

University of Alabama Capstone School of Nursing
University of Alabama Birmingham
University of South Alabama
University of Tennessee Knoxville
Monmouth University
Case Western University
Barry University

Company Chief Executive Officer Timothy Armes stated, "We are honored and excited to have such credible nursing institutions as members. This gives tremendous validation to our business model."

More nurses work at hospitals than any other type of healthcare professional. Most small to medium hospitals today have well over 25 openings for nurses, and it is not unusual at a large hospital to see more than 100 openings at any given time. Many large systems today have well over 500 job openings.

One way that Nurses Lounge Generates revenue is by selling job posting packages. Unlike a job board that sells job postings on a per posting basis, Nurses Lounge recently announced packages that allow a health system, for example, to consistently maintain up to 100 to 250 nursing job postings at a time with a price of only $595 to $795 a month with a 12 month contract. These packages are under $10,000 a year. A comparative number of job postings would cost more than $10,000 per month on most major job boards according to their published prices.

"We believe there are thousands of hospitals and healthcare systems that will want to take advantage of this pricing," said Armes. "This makes good sense especially when combined with the other important benefits received as part of a professional network for nurses. Being able to build their brand and market their job openings to students and alumni from the leading nursing schools across the country is huge."

Visit: www.nurseslounge.com follow on Facebook at https://www.facebook.com/TheNursesLounge and on twitter @TheNursesLounge

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management's view of the Company's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company. Factors that could cause results to differ include but are not limited to, successful performance of internal plans, product or services development and acceptance, the impact of competitive services and pricing, or general economic risks and uncertainties. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The Company takes no obligation to update or correct (i) its own forward-looking statements, except as required by law, or (ii) those prepared by third parties that are not paid for by the Company.

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