HOUSTON, June 17, 2005 (PRIMEZONE) -- Complete Care Medical, Inc., a direct-to-consumer discount provider of mail order pharmaceuticals as well as diabetes management supplies and medications, is pleased to announce it recently commenced trading on the OTC market under the symbol (Pink Sheets:CCMI).
"We've completed our transition from a private company to a publicly traded company," stated J.P. Monteverde, CEO of Complete Care Medical, Inc. "This will allow Complete Care Medical to take advantage of various opportunities not available to private companies and accelerate our nationwide expansion and growth of our existing business and client base."
As of June 16, 2005, Complete Care Medical, Inc., has 48,142,000 shares issued and outstanding. "Due to our recent OTC listing, we've recently received many inquiries as to the number of outstanding shares of our stock," stated J.P. Monteverde, CEO of Complete Care Medical, Inc. "As a result, we feel it is essential to publicly address these inquiries in order to clarify any ambiguities regarding the availability of our stock in the OTC market."
Through its subsidiaries, Complete Care Medical, Inc., provides patients in all 50 states with lower cost alternatives for disease management, medical supplies and prescription pharmaceuticals. In addition, Complete Care Medical's discount services and medication program offers healthcare payers, healthcare providers, healthcare professionals and patients with easy access to utilization and compliance data in order to improve patient outcomes and improve quality of life.
For more information: http://www.ccmedicalinc.com
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.
All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.