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Posted by Mdnitstorm on :

Directors from CareDecision and the Kelly Companies to Discuss Upcoming Merger in Conference Call

September 01, 2004 10:58:00 (ET)

NEW YORK, Sep 1, 2004 (BUSINESS WIRE) -- CareDecision Corp. (CDED, Trade), a leading Wi-Fi PDA technology provider to the lodging and satellite media industries, and the developer of patent-pending technologies for e-health and EMR applications, and the Kelly Companies announced today that their respective directors will discuss the proposed merger between CareDecision and the Kelly Companies (KCWG Pharmaceutical Solutions, CareGeneration, Inc. and Futurecom Global, Inc.) with the investment community in a conference call scheduled for 2:00 p.m. (Eastern) on Wednesday, September 8, 2004.

Interested parties can access the call by dialing 800-263-8506 immediately prior to the start of the call. Following prepared comments, the respective directors will spend approximately 20 minutes responding to shareholder questions. In the interest of time, the companies request that shareholder questions be emailed to info@caredecision.net at least two hours before the scheduled start of the conference call. The directors will address as many emailed questions as time allows.

About the "Kelly-affiliated" Companies

KCWG's Pharmaceutical Solutions and CareGeneration are private entities, wholly-owned by Ronald R. Kelly. They are both focused upon improved healthcare through more cost-effective delivery of prescription pharmaceuticals. FutureCom Global, Inc. is a private Nevada corporation with majority ownership by Mr. Kelly. FCG concentrates in the development and distribution of a broad array of consumer and business electronics products.

About CareDecision Corp.

CareDecision Corp. is a leading provider of Internet-enhanced PDA devices applicable to healthcare, lodging, and satellite rebroadcast industries. Its proprietary ResidenceWare, MD@Hand and Satelink, technologies manage critical data, enhance productivity and e-commerce.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:

This release contains forward-looking statements about our business or financial condition 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 release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.

SOURCE: CareDecision Corp.

Posted by Spinoff on :

do you feel this will be like a Reverse Split effect to share holders of CDED. Typically one would get screwed going into an RS situation. Am I way off base here? If I am could you give some scenario to help my thinking. Thanks.

Posted by Moneymaking Mormon on :

It will all come down to today for this one the rumors flying on raging is that the news will be good. apparently a couple of members have some inside info. But who knows what to believe. I bought in on the 7th and am hoping for a great move today.