Medical Care Technologies Inc. (OTC Pink: MDCE) (PINKSHEETS: MDCE), a healthcare technology company providing information technology solutions and family healthcare services in China, today announced that it will be relocating its corporate headquarters from Beijing to Hong Kong.
Beginning on April 15, 2014, the Company has signed an office lease to establish its corporate headquarters at New World Tower 1 on Queen's Road, Central Hong Kong. The office is located in Central, the financial hub of Hong Kong. Headquarters of multi-national banks, the Hong Kong Stock Exchange, Hong Kong Monetary Authority, as well as many major corporate offices are within walking distance of the building.
"We are pleased to have secured this prominent location in the Central district, in a premium office space that will allow us to facilitate the roll-out of our e-Health solution pilot program in Hong Kong and the introduction of our integrated health SmartCard," said James Lau, Chief Executive Officer of Medical Care Technologies Inc. "We will be well-positioned to leverage the momentum created by the evolving digital economy in Hong Kong and China."
About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE on the OTC Markets and headquartered in Hong Kong, China Special Administrative Region (SAR). MDCE, through joint ventures or Chinese subsidiaries, develops e-Health information technology solutions and services and a network of integrated healthcare family and children's clinics in urban areas throughout China. Solutions and services are geared towards both urban and rural areas of China. MDCE's role is to enhance the overall well-being of the family and community and to expand its healthcare services to include preventative health and wellness education. MDCE's main mission is simple -- to become a leading provider of health information technology solutions and services in China. Information on the Company can be found on 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.
For Further Information:
Medical Care Technologies Inc.
Corporate Communications
Email: contact@medicaretechinc.com
Tel: (852) 8122-9660
Web: www.medicaretechinc.com
SOURCE: Medical Care Technologies Inc.
Associated Documentation:
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MDCE_4-23-2014_LST_ETL.docx
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