HOUSTON, Aug. 9, 2005 (PRIMEZONE) -- Complete Care Medical, Inc., (Pink Sheets:CCMI), is pleased to announce that its wholly-owned subsidiary, Diabetes Gold, Inc., has entered into a Provider Agreement with International Med-Care, Inc., through which Diabetes Gold will become the exclusive provider of diabetes management services for International Med-Care's members.
International Med-Care, Inc., based in El Paso, Texas is a national sponsor of discount healthcare programs, offering its members substantial network discounts on standard healthcare needs such as physicians, hospitals and prescription drugs. With this Agreement in place, International Med-Care's 25,000,000 members will have access to Diabetes Gold's deeply discounted and highly effective diabetes management program.
"The affiliation between Diabetes Gold and International Med-Care will allow us to offer our diabetes management program to International Med-Care's estimated 1,500,000 diabetes patients", said J.P. Monteverde, CEO of Complete Care Medical, Inc. "This Agreement with a leading medical benefit sponsor, 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 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.