Complete Care Medical, Inc., Announces Agreement Between CarePharm LLC and aClaim, Inc.

Agreement Expected to Accelerate the Growth of CarePharm's Mail Order Business


HOUSTON, Aug. 8, 2005 (PRIMEZONE) -- Complete Care Medical, Inc., (Pink Sheets: CCMI), is pleased to announce that its wholly owned subsidiary, CarePharm, LLC, has entered into a Provider Agreement with aClaim, Inc., through which CarePharm is to become the exclusive mail order pharmacy for all of aClaim's members. Headquartered in Greenville, SC, aClaim is a privately owned, full-service Pharmacy Benefits Manager. In its seven years of operation, aClaim has administered hundreds of group insurance benefit plans, and it adjudicates and processes all claims on-line, in real time, at the point of sale.

aClaim sponsors the Rx Choice Drugstore Savings Club with more than 2 million members nationwide and the Rx Savings Club, a Medicare approved discount pharmacy card with more than 15,000 senior members. "The affiliation between CarePharm and aClaim establishes CarePharm as the exclusive mail order provider for all of aClaim's two million plus cardholders," said J.P. Monteverde, CEO of Complete Care Medical, Inc. "With aClaim's help we expect to convert large numbers of aClaim's members to CarePharm's mail order pharmacy services. We're pleased to announce this Agreement, which represents another step forward in our expansion as a leading mail order pharmaceutical and disease management provider."

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: 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.


            

Contact Data