BEIJING, Feb. 22, 2011 /PRNewswire/ -- Medical Care
Technologies Inc. (OTC Bulletin Board: MDCE) is pleased to
announce the appointment of Mr. Luis
Kuo to the role of Chief Operating Officer effective
February 1, 2011. Mr. Kuo will
be responsible for strategically spearheading the Company's
operational initiatives in obtaining the necessary government
licenses and, subsequently leading the development and operation of
the Company's pediatric clinics throughout China.
Mr. Kuo, an executive businessman, has over 11 years experience
in transforming companies from start-ups, to reorganizations, to
joint ventures across the IT and healthcare sectors. His
practice spectrum spans general management, business development,
and sales and marketing.
Since 2004, Mr. Kuo has held the role of VP Sales at
iNTERFACEWARE Inc., a leading software solution company in
healthcare integration technologies. He has successfully secured
strong partnerships between iNTERFACEWARE, international companies
and government healthcare agencies. Mr. Kuo has led the
company through strategic growth and positioned it to become one of
the most recognized developers of mid-size HL7 Integration Engines
globally. Mr. Kuo was instrumental in iNterfaceware Corp's
receiving the HL7 2005 Award of Excellent, and Best Healthcare
Innovation Award of the Year for North America. Prior to
this VP role, Mr. Kuo was Senior Recruiter for North America for Netsuite Inc., a leading
vendor of cloud computing business management software
applications. In this role, he was responsible for the
organization's senior executive staffing needs and was honored with
a Significant Contributor Award for his invaluable contribution to
the company.
Commenting on the new appointment, Madam Ning Wu, CEO and
President of Medical Care, stated, "Effective leadership is the key
to success for the competitive healthcare industry in China. We are excited to have Mr. Kuo
join our team as his expertise will lead us in the Chinese
healthcare sector and his experience shall give further impetus to
our operations."
About Medical Care Technologies Inc.
Medical Care Technologies Inc. is traded under the symbol MDCE
on the OTCBB and is headquartered in Beijing, China. The Company's planned
products and services constitute children's health clinics and a
healthcare delivery and wellness site; dedicated to helping Chinese
consumers live healthier, more balanced lives. MDCE plans,
through a Chinese subsidiary, to develop 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. In
addition, MDCE provides advanced connectivity, internationally
standardized and secure business, technology and information
systems to assist the Chinese health industry - physicians,
pharmacists, medical institutions, consumers – access medical
resources, health services, education, and health products
throughout China. MDCE will also
distribute a diverse range of industry-leading product lines in
three segments: Medical Devices, Pharmaceuticals and
Nutriceuticals. It is the Company's goal to become a health care
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.
SOURCE Medical Care Technologies Inc.