NetCare Health Group, Inc. Announces Changes in Transfer Agent


MIDDLETOWN, Pa., July 1, 2002 (PRIMEZONE) -- NetCare Health Group, Inc. (OTCBB:NCGH) today announced the appointment of American Stock Transfer and Trust Company as the official transfer agent of the NetCare Health Group, Inc.

About NetCare Health Group, Inc.

NetCare Health Group, Inc. the parent of wholly owned NetCare Health Services, Inc. a federally- and state-licensed pharmaceutical company located in Middletown, Connecticut providing in-house LTC (long-term care) pharmaceutical services for LTC facilities in the State of Connecticut. Following state licensing, the company plans to soon expand into New York, New Jersey, Kentucky, and Ohio. Its services include prescription fulfillment, staffing, insurance and Medicare processing for its LTC network of clients.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical fact are forward-looking statements that are subjected to risks and uncertainties that could cause actual results to differ materially form those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in NetCare Health Group, Inc.'s filings with the Securities & Exchange Commission.



            

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