BEIJING, Nov. 13, 2012 (GLOBE NEWSWIRE) -- Medical Care Technologies Inc. (OTCBB:MDCE), a growing American company providing children's healthcare services and Western healthcare products distribution in China, today announced the appointment of Dr. Richard M. Rheinbolt, MD, FAAP, MPA to the post of Senior Medical Advisor. The appointment follows an extensive global search.
Dr. Rheinbolt will work closely with the Company's recently appointed Chief Operating Officer, Joe Hall, in crafting the clinical guidelines, protocols and best practices for the health center operation in Shenzhen, China.
"With the team we have now, and once the final capital is put in place, it's 'all systems go' towards the construction and eventual launch of our Shenzhen clinic," said President Luis Kuo.
A thoroughly experienced pediatrician and administrator, Dr. Rheinbolt's illustrious career has taken him across the United States, Mexico, the Dominican Republic and Central America. From the barrios of Mexico and Guatemala's Indian communities, to Philadelphia's Children's Hospital, Dr. Rheinbolt has dedicated the last 40 years to the care of children.
After graduation from medical school, Dr. Rheinbolt began his pediatric training at the University of Texas, San Antonio and has held residency appointments at Oklahoma Children's Memorial Hospital and Scott & White Hospital at Texas A & M School of Medicine. A Masters in Public Health with an emphasis in Maternal and Child Health was completed at the Harvard School of Public Health, where he subsequently served as Teaching Fellow for 2 years. Dr. Rheinbolt served in primary care, urgent care and emergency medical positions at a number of institutions including Baptist Hospital of Miami, Children's Hospital of Philadelphia, Pediatric Associates of Florida, Appalachian Regional Health Care, Blue Ridge Regional Hospital, and Clinica Cristiana of Guatemala, among others. He has provided healthcare for children and adults with special and developmental needs at Boston Children's Hospital's Wrentham State School, at Mansfield Ohio's Raintree Center, in Guatemala, in Mexico City, and in Philadelphia. Recently, Dr. Rheinbolt served as research associate of the Division of Pediatric Surgery at the University of Miami, and was the principal investigator reviewing federal funding of State Maternal and Child Health programs while at the Harvard School of Public Health.
Dr. Rheinbolt holds specialty certifications from the American Boards of Pediatrics and Preventative Medicine and is certified in Neonatal Resuscitation, Pediatric Advanced Cardiac and Advanced Trauma Life Support. He is a member of the American College of Preventive Medicine and American Academy of Pediatrics. Dr. Rheinbolt is licensed to practice in the states of Arkansas, Ohio, and North Carolina, as well as in Guatemala.
"Dr. Rheinbolt's combination of practical pediatrics and health center planning is the perfect complement to Joe Hall's impressive background in healthcare administration. If there's such a thing as a 'dream team' in this business, we've got it!" commented CEO Ning Wu.
About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE on the OTCBB and is headquartered in Beijing, China. MDCE, through joint ventures or Chinese subsidiaries, develops a network of children's health facilities in the larger urban areas throughout China. Services are geared towards the advancing economic middle-class Chinese families. Specializing in the care of children between the ages of 3 to 16, MDCE's role is to enhance the overall well-being of the family and community and to expand its pediatric services to include preventative health and wellness education. MDCE, through its children's health facilities, will also distribute a diverse range of industry-leading pharmaceutical and nutraceutical product lines. MDCE's main mission is simple – to become a healthcare service provider leader in children's health. Information on the Company can be found at www.sec.gov and the Company's website at www.medicaretechinc.com.
Safe Harbor Statement
All statements contained in this press release, other than statements of historical fact, are forward-looking statements, including those regarding: MDCE's products, services, capabilities, performance, opportunities, development and business outlook, guidance on our future financial results and other projections or measures of our future performance; the amount and timing of the benefits expected from strategic initiatives and acquisitions or from deployment of new or updated technologies, products, services or applications; and other potential sources of additional revenue. These statements are based on our current plans and expectations and involve risks and uncertainties that could cause actual future events or results to be different than those described in or implied by such forward-looking statements. These risks and uncertainties include those relating to: lack of operating history, transitioning from a development company to an operating company, difficulties in distinguishing MDCE's products and services, ability to deploy MDCE's services and products, market acceptance of our products and services; operational difficulties relating to combining acquired companies and businesses; our ability to form and maintain mutually beneficial relationships with customers and strategic partners; changes in economic, political or regulatory conditions or other trends affecting the healthcare, Internet, information technology and healthcare and pharmaceutical industries, and our ability to attract and retain qualified personnel. Other risks and uncertainties may include, but are not limited to: lack of or delay in market acceptance and fluctuations in customer demand, dependence on a limited number of significant customers, reliance on third party vendors and strategic partners, ability to meet future capital requirements on acceptable terms, continuing uncertainty in the global economy, and compliance with federal and state regulatory requirement. Further information about these matters can be found in our Securities and Exchange Commission filings. We expressly disclaim any intent or obligation to update these forward-looking statements.