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Comprehensive Care Corporation Announces Profit for First Quarter
Date:5/22/2012

progress and committed to further improving the Company's performance at all levels," Mr. Kulbick said.

About CompCare:
Established in 1969, CompCare provides behavioral health, substance abuse and psychotropic pharmacy management services for managed care companies throughout the United States.  Headquartered in Tampa, Florida, CompCare focuses on personalized attention, flexibility, a commitment to high-quality services and innovative approaches to behavioral health that address both the specific needs of clients and changing healthcare industry demands. The Company's recently filed 10-Q is available at www.sec.gov. For more information, please call 813-288-4808 or visit our website at www.compcare.com

Forward-Looking Statements
Except for statements of historical fact, the matters discussed in this press release, including but not limited to our ability to achieve substantial, profit oriented growth, our ability to further improve the Company's performance at all levels and our ability to expand our drug management program on an at-risk basis are forward looking and made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect numerous assumptions and involve a variety of risks and uncertainties, many of which are beyond the company's control that may cause actual results to differ materially from stated expectations. These risk factors include, among others, changes in local, regional, and national economic and political conditions, the effect of governmental regulation, competitive market conditions, varying trends in member utilization, our ability to manage healthcare operating expenses, our ability to achieve expected results from new and existing business, our ability to expand and manage our provider network,  the profitability, if any
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