DALLAS, Jan. 20, 2010 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring medical equipment company Medical Care Technologies Inc. (OTCBB:MDCE). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The full report is available at: http://www.stockpreacher.com/n/MDCE
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Medical Care Technologies Inc.’s (MDCE) objective is to provide connectivity and advanced, internationally standardized and secure information systems to electronically connect physicians, institutions and consumers with information, products and services in Asia. MDCE’s ongoing concern is the development and maintenance of secure information systems that comprehensively increase access to medical resources, services, education and wellness/pharmaceutical products. Medical Care Technologies (MCT) serves the needs of this market sector through the provision of two complementary platforms – Wellness based Telehealth Suite in concert with Medsuite Practice Management and hospital information system.
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In the report, the analyst notes:
“MDCE recently announced it is discussing an agreement with private Hong Kong company Wellfield Technology Distribution Company. Per the verbal agreement, Wellfield will have the first right of refusal to purchase and distribute MDCE’s health-related products in the Guangdong Province of the People’s Republic of China.
“MDCE is in transition from a technology development company to a marketing and sales oriented company that applies its technology to generate revenue opportunities, create competitive advantages, and build marketing access to patients and physicians. The Company will pursue acquisition of the majority of the operating assets of pharmacies in Asia in order to further its ability to supply wellness and pharmaceutical products. The pharmacies will be converted to encompass mail order distribution capability. MDCE seeks to acquire businesses and products that complement the Company's existing technology and product lines. In selecting and evaluating acquisition candidates, the Company examines the potential market opportunities for products that can be distributed through current sales, and marketing infrastructure.”
To read the entire report visit: http://www.stockpreacher.com/n/MDCE
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