Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: vds4 who wrote (104083)	4/26/2002 10:47:28 AM
From: Rocket Red	Respond to of 150070

CYBERCARE INC - News Release - 2002-04-25 21:49 CyberCare Announces Successful Mediation of Class Action Suit CyberCare Announces Successful Mediation of Class Action Suit BOYNTON BEACH, Fla., Apr 26, 2002 (BUSINESS WIRE) -- CyberCare, Inc. (Nasdaq:CYBR) today announced that the consolidated class action litigation pending in federal court in the Southern District of Florida has been resolved at mediation, with a Memorandum of Understanding being executed by the parties' counsel. The Memorandum of Understanding provides for a settlement amount of $3.1 million in cash, payable under an insurance policy, and issuance of 5 million shares of CyberCare common stock. The resolution is subject to definitive settlement documents to be prepared and executed in the near future, and court approval. The Company has been vigorously defending the consolidated action, and has admitted no wrongdoing as part of the settlement. The settlement also applies to the management personnel named as defendants in the litigation. "We are pleased that the mediation was successful and to put this action behind us," said Joseph Forte, President and CEO. "This litigation unfortunately has required us to divert certain of our attention and resources to defend ourselves; now we can return to our primary focus of strengthening the Company's business operations and financial resources. Resolving this litigation will allow us greater opportunity to pursue funding opportunities while minimally impacting the Company's existing financial resources and dilution to shareholders. We view this as a major step in our planned path forward, resolving the legacy issues facing the Company," Forte added. About CyberCare, Inc. CyberCare, Inc. is a holding company, which is comprised of a healthcare technology solutions business; a physical therapy and rehabilitation business; and a closed system pharmacy business. The physical therapy and rehabilitation business comprises clinics in the State of Florida. The pharmacy business supports patients in assisted living facilities in Florida and is licensed for mail order distribution across all fifty states. The technology business is improving the delivery of healthcare through its patented technology and intellectual property. Our goal is simple; improved quality of care delivered via cost effective and efficient enabling technology, which adds incremental value to our customers' clinical and business processes. Utilizing patented technology for remote monitoring and real-time interactive communications, a network across the continuum of care is established. Applications focus on the chronically ill, wellness management, physician oversight and wound care. CyberCare's Electronic Housecall(R) System allows for effective and efficient data security, collection and integration, case management and personal interaction. CyberCare, Inc. is headquartered in Boynton Beach, Florida. Visit CyberCare's Web site at cybercare.net. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, product acceptance and effectiveness, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission. CONTACT: CyberCare, Inc., Boynton Beach Media: Arthur Kobrin, 561/742-5000 URL: businesswire.com Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. Copyright (C) 2002 Business Wire. All rights reserved. -0- KEYWORD: FLORIDA INDUSTRY KEYWORD: INTERNET MEDICAL MEDICAL DEVICES LEGAL/LAW TELECOMMUNICATIONS SOURCE: CyberCare, Inc. STOCK SYMBOLS: [(cybr)]

To: vds4 who wrote (104083)	4/26/2002 11:10:09 AM
From: Buckey	Respond to of 150070

OT - I agree with ya - Noone likes or wants to see anyone get hurt - No player wants to deliberately injure another. Maclaren was looking to flatten him no question about that and he will pay 2-3 maybe 5 game suspension. but its not a 10 gamer and he should get to play in the next series. The fact that a lot of damage was done is very bad and very unfortunate. Cant let him get away with it but it is not anything like Domi's cheap shot. I tend to agree with Bob Mackenzies opinion on sportsecnter which is basically what I have stated. Funny thing is I suspect cooler heads will prevail because if Therrian puts Odjick on the ice as a starter then it will getreal ugly right away - also if that happens and he goes after someone I guarentee you Therrian and Odjick will get the game misconduct. This is bad for the NHL and I also think the critcim of the Refs in very unfounded an unfair - its is all a ploy by managers and the NHL should put a stop to it. I once was one of 5 meatheads ( I wasnt a goon - I was someone that they could miss LOL) put in the starting lineup in a playoff series when we were down 3-1 in games and was very embarrased for myself my team and my coach. We were told to all drop em and grab someone "to set a tone" - I grabbed the smallest guy who was abuddy of mine and we just did a little waltz with some hugs and kisses LOL.