HOUSTON, July 28, 2005 (PRIMEZONE) -- Complete Care Medical, Inc. (Pink Sheets:CCMI) is pleased to announce that its wholly owned subsidiary, Diabetes Gold, Inc., has entered into an agreement to offer its Diabetes Gold products and services to the members of LifeGuard Benefit Services, Inc.
LifeGuard Benefit Services, Inc., based in Dallas, Texas, is a national sponsor of discount health care programs offering its members substantial discounts on standard health care needs such as physicians, hospitals and prescription drugs, as well as items and procedures often not covered by typical health insurance plans. With the agreement in place, LifeGuard's 5,000,000 members will immediately have access to Diabetes Gold's deeply discounted diabetes management program.
"The affiliation between Diabetes Gold and LifeGuard will allow us to offer our diabetes management program to Lifeguard's estimated 300,000 diabetes patients," said J.P. Monteverde, CEO of Complete Care Medical, Inc. "This Agreement represents another step in our expansion and will increase our market share in the growing mail-order pharmaceutical and disease management industry."
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 health care payers, health care providers, health care 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: 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.