LONDON--(Marketwire - January 11, 2010) - Medical Care Technologies, Inc. (OTCBB: MDCE) today
announced that Minh Nguyen was elected as an Advisory Board Member to the
Company.
Ms. Nguyen brings extensive knowledge of business, as well as experience in
several industries, including international business trade, and products.
Ms. Nguyen has more than 17 years of experience in start-ups and
management.
Ms. Nguyen graduated from Hanoi Foreign Languages University in English and
French Studies in 1992 and Business and Finance Management from Hanoi
Economic University in 1994.
Ms. Nguyen started out her career working as a Business Coordinator for the
Vietnam Chamber of Commerce in Hanoi (1992-1994), assisting Vietnamese
business enterprises in maintaining trade relations with other countries.
Ms. Nguyen was responsible for promoting and protecting Vietnamese
businesses and their interests in Vietnam as well as abroad. Her other
responsibilities included promoting and assisting in their trade and
investment, their economic and technological co-operation, as well as other
business activities in Vietnam and abroad.
From 1995-2000, Ms. Nguyen took on the role of Director of Hanoi Trading
Company of Hanoi, Vietnam. Her responsibilities included supervising and
coordinating activities of workers engaged in inspecting materials to
ensure adherence to the company's quality standards and customer
specifications.
From 2000-2005, Ms. Nguyen was an independent consultant and imported and
exported textile products between China and Vietnam. Located in Hanoi, she
served as the business liaison for businesses in Shanghai, China and Hanoi,
Vietnam.
From 2005-2008, Ms. Nguyen was an independent consultant, acting as the
liaison for tourism and trade between Vietnam and Europe. Based in
Shanghai, her responsibilities included launching trade and tourism
promotions, meeting local officials, businesses and overseas Vietnamese to
introduce trade and investment opportunities in Vietnam.
Ms. Nguyen's expertise includes all sectors of the economy (import-export,
public service, textiles and manufacturing, real estate, technology, and
retail and wholesale). She is fluent in English, Vietnamese, French and
Mandarin and conversational in Russian.
"We are pleased to welcome Ms. Nguyen to our Advisory Board," said Patricia
Traczykowski, President of MDCE. "Her insights and access to the Vietnam
market for our technology, products and services will be valuable as MDCE
plans to expand and grow the Company in other markets outside of China. We
look forward to working with her."
About Medical Care Technologies, Inc.
Medical Care Technologies, Inc. ( ) is traded under the
symbol MDCE on the OTCBB and is based in London, England. The Company is
in the process of moving its portfolio of oil resources into medical care
technologies. The products/services that the company hopes to acquire are
intended will constitute a healthcare delivery and wellness site; dedicated
to helping Asian consumers live healthier, more balanced lives. MDCE is
planning to provide advanced connectivity, internationally standardized and
secure business, technology and information systems to assist the Asian
health industry -- physicians, pharmacists, medical institutions, consumers
-- access medical resources, health services, education, wellness and
pharmaceutical products throughout Asia. MDCE is planning to distribute and
provide services at a diverse range of industry-leading product lines in
three segments: Medical Devices, Pharmaceuticals and Nutriceuticals.
Further information on the Company can be found at and the
company's website at
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. There can be no assurance that the acquisition of GUC's assets
will close. MDCE must issue 57,300,000 shares of its common stock to GUC,
or GUC's designees in order to close the acquisition. Accounting for the
anticipated cancelation of 57,300,000 shares by Patricia Traczykowski, MDCE
will have 98,900,000 shares of its common stock issued and outstanding upon
the closing of the acquisition.
For Further Information:
Ezra Smith
C. Jones Consulting, Inc.
Tel: (727) 771-9500
Fax: (727) 771-9545
Email: cjones@cjonesconsulting.com
Web: