EncounterCare Forms New Subsidiary CyberCare Health Network
18 Junio 2012 - 8:00AM
Marketwired
EncounterCare Solutions (PINKSHEETS: ECSL) announced today that it
has formed a new subsidiary CyberCare Health Network, Inc. (CHN)
CyberCare Health Network will focus on managing the Healthcare
initiatives of EncounterCare Solutions. CyberCare Health Network
will begin marketing a new product for drug and alcohol addiction
treatment and recovery which will incorporate the capabilities of
the Electronic House Call Technology.
Additionally, EncounterCare Solutions announced that its new
subsidiary, CyberCare Health Network has acquired the assets of
CyberCare, Inc. which was successfully reorganized in 2009 under
the direction of Bulova Tech Labs, Inc. The assets include both the
patents in Electronic House Call that were originally licensed in
2005 by EncounterCare as well as new passive sensor technology that
has been developed under the guidance of Bulova Tech, Labs. The new
sensor capability will be an integral component of the new program
for Substance Abuse Recovery.
Terms of the acquisition include CyberCare share holders of
record on the reorganization date receiving shares in the new
subsidiary, CyberCare Health Network.
About EncounterCare Solutions:
EncounterCare Solutions, Inc. (PINKSHEETS: ECSL) operates its
business through two divisions, the Healthcare Technology Division
and the Healthcare Services Division. ECSL offers a broad range of
proprietary healthcare technology, products and services that
address several substantial target markets, including the
Healthcare Information Technology Market, the Healthcare
Telemedicine and Remote Patient Monitoring Market, and the Home
Health Care Market. www.encountercare.com
Safe Harbor:
Certain statements and information included in this press
release constitute "forward-looking statements" within the meaning
of the Federal Private Securities Litigation Act of 1995. When used
in this press release, the words or phrases "will likely result,"
"expected to," "will continue," "anticipated," "estimate,"
"projected," "intends," or similar expressions are intended to
identify "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
are subject to certain risks, known and unknown, and uncertainties,
including but not limited to, economic conditions, dependence on
management, dilution to shareholders, lack of capital changes in
laws or regulations, the affects of rapid growth upon the Company
and the ability of management to effectively respond to the growth,
demand for products and services of the Company, newly developing
technologies, its ability to compete, conflicts of interest related
to party transactions, regulatory matters, protection of
technology, lack of industry standards, the effects of competition,
and the ability of the Company to obtain additional financing. Such
factors could materially adversely affect the Company's financial
performance and could cause the Company's actual results for future
periods to differ materially from any opinions or statements
expressed within this press release.
Brian Pybus 561-282-1870
Ecare Solutions (PK) (USOTC:ECSL)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Ecare Solutions (PK) (USOTC:ECSL)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024