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InstaCare Corp. Continues Turnaround & Reports 291% Revenues Increase in 2Q 2008
Date:8/20/2008

esses grew and remained profitable, on a continued surge in sales. We have successfully implemented our medical diagnostics and medical disposable products distribution plans and these businesses have generated almost six million dollars in sales during the first half of fiscal 2008, quite an accomplishment even in a slowing national economy. We are currently maintaining momentum in what is usually our slowest quarter, perhaps signifying further developments later this year."

For the first six months of fiscal 2008, InstaCare reported revenues of $5,818,076, a gain of 174% from $2,120,131 recorded during the first six months of fiscal 2007. The Company reported an operating profit of $287,034 during the first six months of fiscal 2008 compared with an operating loss of $430,140 recorded during the first six months of fiscal 2007. The Company reported net income of $59,381 for the first six months of fiscal 2008, compared with a net loss of $553,756 reported for the first six months of fiscal 2007.

Forward-Looking Statements:

This release contains forward-looking statements about our business or financial condition that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions.

For further information, visit the company's Web Site: http://www.instacare.net.

Company Contact:

InstaCare Corp.

Keith Berman

(805) 446-1973

info@in
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SOURCE InstaCare Corp.
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