Navigation Links
Instacare Corp. Board of Directors Sets Growth Plans for 2010
Date:12/17/2009

LOS ANGELES, Dec. 17 /PRNewswire-FirstCall/ -- Instacare Corp. (OTC Bulletin Board: ISCR) a publicly-traded leading provider of life-saving and life-enhancing prescription drugs and diagnostics and at home testing products for the chronically ill, and a leading developer and provider of e-health technologies and revolutionary cell phone centric technologies and products announced today that as part of the preparation of its Fiscal 2010 guidance, the Board has determined to add two new Directors and has rejected, as unneeded, multiple offers for equity or convertible financing.

Instacare Chairman Robert Jagunich commented, "Two additional Board members are expected to join the company's Board of Directors within the next ten days. At least one of the leading candidates to join our Board has contributed greatly to our Board in the past. All of the candidates we are considering have decades of healthcare industry experience and have served on policy boards that among other things set Medicare standards and policy (reimbursement). These special individuals will strengthen the company's position as a leading fulfillment provider of direct-to-patient diabetes programs and help the company exploit the sweet spot provided by the national health plan nearing completion in Congress."

In addition to the company's intent to add experience, knowledge and special skill to its Board of Directors, Instacare also announced that the Board has declined to accept any of the multiple financing offers it has received from investment banks, boutiques, funds and wealthy individuals. The Board has terminated all discussions in this regard believing that the company is well enough financed and there is no need for equity or convertible debt financing at current levels. This news follows recent statements by the company that management has been approached by two large healthcare firms, expressing interest in furnishing Instacare's cell-phone ready EMR products to their physician provider networks. Subsequently a third large company has approached the company.

Instacare believes that no other market provider offers physicians, hospitals and other medical professionals a comparable suite of robust, secure internet-based EMR and patient medical history applications, and proposed treatment protocols. The company's cell phone centric business model employs and exploits the power of the Internet when used in conjunction with popular smart cell phones such as Apple iPhone, Palm Pre, Blackberry and Windows phones. The company's proprietary technologies enable the storage of a main-frame computer that can be put to work right in the palm of the physician's hand after just 15 minutes of training.

Forward-Looking Statements

This news release contains forward-looking statements about our business, or financial condition and prospects 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 news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking statements not accompanied by such expressions.

For more information please contact Keith Berman, CFO of Instacare Corp. at (805) 446-1973, or you can visit the company's web site www.instacare.net

SOURCE Instacare Corp.


'/>"/>
SOURCE Instacare Corp.
Copyright©2009 PR Newswire.
All rights reserved

Related medicine technology :

1. Instacare Moves to Secure Patents for Its Newest Technologies, Announces Parallel Strategies for Its Revolutionary MD@Hand Cell-Centric Products
2. instaCare Corp. Continues Turnaround, Reports 58% Revenues Increase for First Three Quarters
3. BioSpecifics Technologies Corp. Announces Top-Line Phase 2b Results for XIAFLEX(TM) for Treatment of Peyronies Disease
4. Helix BioPharma Corp. Announces Fiscal Q1 2010 Results
5. Cantel Medical Corp. to Hold Conference Call to Discuss Results for its First Quarter Ended October 31, 2009
6. Dal-Tile Corp. Launches Two New Lines of Ceramic Tile with Microban(R) Silver Antimicrobial Technology
7. BioSpecifics Technologies Corp. to Present at the Piper Jaffray 21st Annual Health Care Conference
8. Raptor Pharmaceutical Corp. Announces Positive Data on NGX426 in the Potential Treatment of Neuropathic Pain
9. Helix BioPharma Corp. Completes Enrollment in Its Phase II Trial of Topical Interferon Alpha-2b in Patients With Ano-Genital Warts
10. Cantel Medical Corp. to Present at the Sidoti Emerging Growth Research Institutional Investor Forum
11. WebMD Health Corp. Announces Intention To Commence Tender Offer To Repurchase Up To 5,700,000 Shares of its Common Stock
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/25/2017)... Sept. 25, 2017   Montrium , an ... solutions, today—from the IQPC Trial Master Files & ... NL)—announced that EastHORN Clinical Services has selected ... and TMF management. EastHORN, a leading European contract ... to increase transparency to enable greater collaboration with ...
(Date:9/22/2017)... -- AVACEN Medical (AVACEN) announced that its CE-Marked AVACEN ... with the widespread pain associated with fibromyalgia in the ... Essex, England commented, "I had difficulty ... sleep at all, tremendous pain, with every movement sending ... AVACEN 100] enough, how this has and is helping ...
(Date:9/18/2017)... Sept. 18, 2017 EpiVax, Inc. ... bioinformatics and immune engineering, today announced a ... A (H7N9) vaccine. ... seasonal influenza and presents a challenge for ... exposure to be effective. Using state-of-the-art bioinformatics and ...
Breaking Medicine Technology:
(Date:10/13/2017)... ... October 13, 2017 , ... The Visiting Nurse Association (VNA) of Somerset Hills ... specialty vendors and unique items from across the nation, this holiday-themed event will raise ... offered by the VNA. The boutique will be open Saturday, November 4 (10:00 ...
(Date:10/13/2017)... ... October 13, 2017 , ... Coveros, a ... has been awarded a contract by the Center for Medicare and Medicaid Services ... accelerate the enterprise use of Agile methodologies in a consistent and high value ...
(Date:10/12/2017)... ... ... Planet Fitness, one of the largest and fastest growing franchisors and operators ... location in Covington, LA at 401 N. U.S. Highway 190, in January of 2018. ... in the Holiday Square shopping center. Its location allows it to serve both Covington ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... system that we intend to develop to enable prevention of a major side ... severe hearing loss, especially in pediatric patients. For cisplatin, hearing loss is FDA ...
(Date:10/12/2017)... ... October 12, 2017 , ... Women-owned ... Michigan’s 2017 Best and Brightest in Wellness® by Best and Brightest. OnSite Wellness ... on Friday, Oct. 20 from 7:30 a.m. to 2 p.m. at the Henry ...
Breaking Medicine News(10 mins):