To: Kimberly Lee who wrote (35224 ) 11/30/1999 12:03:00 PM From: Tassi Respond to of 108040
MEDCARE TECHNOLOGIES SIGNS AGREEMENT WITH SIGNETRUST -------------------------------------------------------------------------------- OAK BROOK, IL.--(BUSINESS WIRE)--Nov. 30, 1999--MedCare Technologies, Inc. (NASDAQ: MCAR.O) announced today that it has reached an agreement with SIGNETRUST, Inc., to provide medical credential-enhanced digital certificates to physicians via the Company's online business RxSheets.com. "We are pleased to be a future trusted provider of digital certificates for MedCare's RxSheets.com internet product," said Andrew C. Herlands, President of SIGNETRUST. "RxSheets.com promises to change the way the pharmaceutical industry interacts with every physician in the country." "This is a valuable technology enabling us the ability to provide another level of added assurance that only approved healthcare providers have access to the countless number of services available through our web site," said Jeff Aronin, President and Chief Executive Officer. "We are pleased to be working with SIGNETRUST in this new exciting and unique Internet product - - RxSheets.com." RxSheets.com (www.rxsheets.com) has received overwhelming response from physicians throughout the country. MedCare Technologies launched its pharmaceutical focused site for physicians in October and began its' marketing campaign on November 15th. During the first five days, the Company received thousands of physician requests to enroll in its program. Exclusively designed for the physician, RxSheets.com offers a wide array of compelling and focused information and services, including drug sample requests, drug protocols and studies, research information and other pertinent aspects of the pharmaceutical market. The site will also offer a healthcare calendar of events, educational opportunities and a weekly pharmaceutical newsletter. MedCare Technologies, Inc. is a healthcare technology service company that focuses on under-served high growth markets. The Company's RxSheets.com (www.rxsheets.com), offers a wide array of compelling and focused information and services, including drug sample requests for physicians, drug protocols and studies, research information, and other pertinent aspects of the $270 billion worldwide pharmaceutical market. The Company began by developing the MedCare Program, now the nations leading conservative therapy for treating urinary incontinence, a hidden health condition that, at approximately $26 billion, costs more than diabetes and bypass surgery combined. This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, changes in insurance reimbursement, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. --30--ajg/in* CONTACT: MedCare Technologies, Inc. Bruce Byots, 630/472-5306 or MedCare Technologies, Inc. Bill Mann, 800/611-3388 Website: www.medcareonline.com KEYWORD: ILLINOIS INDUSTRY KEYWORD: PHARMACEUTICAL INTERNET Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1999, Business Wire