Board to Consider Proposals and Variations
LOS ANGELES, Sept. 26 /PRNewswire-FirstCall/-- InstaCare Corp. (OTC Bulletin Board: ISCR) a leading e-health Wi-Fi PDA technology provider, the developer of proprietary technologies for medical DME and EMR applications, and the distributor of life saving prescription drugs, medical diagnostics and medical surgical products, announced today that its Board of Directors will begin review of proposals for possible strategic partnerships and/or merger with several companies with interests in strategic areas related to the company's current businesses. The Board of Directors of InstaCare Corp. will meet within the next week to consider these proposals and other opportunities, some previously discussed, with the singular objective to enhance shareholder value. The Board will also discuss the addition of outside director
InstaCare offers a variety of unique products for medical care and management including diabetes monitoring systems, wound care and ostomy products and more. The Company's innovative technology includes a palm-sized computer allowing physicians to have patients' histories, medication and more at hand. ISCR employs a technology push business model, employing its proprietary technologies to add value to the medical products it distributes.
"As a leader in the development of medical IT solutions, we often receive inquiries from other companies who desire to either enter our fast growing market segments, to bolster existing competitive positions without a need to spend on expensive and lengthy product development projects," commented Keith Berman, InstaCare's CFO "We have a responsibility to consider all opportunities and make the decisions which are in the best interest of our shareholders. The latest opportunities we are considering are intriguing, accretive, and potentially highly enriching."
About InstaCare Corp.
InstaCare Corp. is an emerging fulfillment provider of prescription drugs, diagnostics and specialty medical supplies through several profitable and opportunity laden medical distribution channels. The company is also a leading provider of Internet-enhanced PDA devices applicable to healthcare, lodging, and satellite rebroadcast industries. Its proprietary MD@Hand and MD@Desktop technologies and systems manage critical data, enhance productivity and e- commerce, and facilitate communication for many channels in the healthcare industry.
Safe Harbor Statement
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, please contact: Premier Funding & Financial Marketing LLC, Kelly Black (480) 649-8224, or visit: http://www.instacare.net.
|SOURCE InstaCare Corp.|
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