Medcareers Group, Inc.

May 05, 2014 08:30 ET

Nurses Lounge Awards $1,000 Scholarships to Three Nursing Schools Recipients Now Total 18 BSN Schools

DALLAS, TX--(Marketwired - May 5, 2014) - Nurses Lounge, Inc, an online professional network for nurses ( and wholly-owned subsidiary of MedCAREERS Group, Inc. ("MCGI" or the "Company") (OTCQB: MCGI), a development stage company, announced today that three bachelors of science in nursing (BSN) schools each were awarded $1,000 scholarship checks. The schools are: University of Texas at Austin School of Nursing, TX; San Francisco State University, CA; and Western Carolina, NC. The scholarships were offered as an incentive for expediting school participation and membership in the Nurses Lounge which is a more efficient way to communicate news and information to students, alumni and the broader nursing profession.

"This brings the number of scholarships awarded to 18," said Tim Armes, the President and CEO of MedCAREERS Group, Inc. and founder of Nurses Lounge. "Additionally there are six more schools including Duquesne, PA and NYACK, NY that have qualified for scholarships and will be receiving checks in the next 30 days with about more 20 schools that have started the process.

"Because of the great results and growing interest in the program, we have decided to extend the program to a total of 100 schools. This equates to 20% of our ultimate goal of 500 BSN schools and, where studies of innovation show, the high end of the critical mass scale or tipping point of the adoption of a network."

The scholarship program was created as an incentive to eligible BSN schools to join and use the network while providing financial help to some deserving students. As part of the program, the school must place the "NL" icon on its website (similar to Facebook and Twitter, for example) linking to its interactive lounge page, and within 30 days must have a minimum of 100 members in its Lounge.

"Once a school joins and adds 100 members, we find that they do not stop there," Armes added. "University of Texas has more than 500 members and SFSU is already over 200 members. Each school that joins should be able to add a minimum of 1,000 members to our network for a total of 500,000 members or half our one million-member goal.

As members, the students then create a professional network with fellow students and alumni as well as join other interactive lounges created by various organizations such as associations and employers. When news and information is posted, the student receives an instant email alert. They can comment and ask questions via a professional profile versus a social profile.

For more information, contact Tim Armes, CEO at 972-393-5892 or Visit; follow on Facebook and on twitter @TheNursesLounge.

MedCAREERS Group, Inc.'s focus is to develop and build value through its wholly-owned subsidiary Nurses Lounge, Inc., an online professional network and communication resource for nurses and stakeholder organizations such as nursing schools, associations and employers. By consolidating the profession onto one simple to use network, Nurses Lounge provides the tools and resources that allows nursing organizations a more effective way to communicate directly to their audience and the broader nursing profession.

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.

Contact Information