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jordanm
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InstaCare Corp. Reviewing M&A Plans


2007-09-26 09:45 ET - News Release


LOS ANGELES, Sept. 26 /PRNewswire-FirstCall/-- InstaCare Corp. a leading e-health Wi-Fi PDA technology provider, the developer of proprietary technologies for medical DME and EMR applications, and the distributor of life saving prescription drugs, medical diagnostics and medical surgical products, announced today that its Board of Directors will begin review of proposals for possible strategic partnerships and/or merger with several companies with interests in strategic areas related to the company's current businesses. The Board of Directors of InstaCare Corp. will meet within the next week to consider these proposals and other opportunities, some previously discussed, with the singular objective to enhance shareholder value. The Board will also discuss the addition of outside director

InstaCare offers a variety of unique products for medical care and management including diabetes monitoring systems, wound care and ostomy products and more. The Company's innovative technology includes a palm-sized computer allowing physicians to have patients' histories, medication and more at hand. ISCR employs a technology push business model, employing its proprietary technologies to add value to the medical products it distributes.

"As a leader in the development of medical IT solutions, we often receive inquiries from other companies who desire to either enter our fast growing market segments, to bolster existing competitive positions without a need to spend on expensive and lengthy product development projects," commented Keith Berman, InstaCare's CFO "We have a responsibility to consider all opportunities and make the decisions which are in the best interest of our shareholders. The latest opportunities we are considering are intriguing, accretive, and potentially highly enriching."

About InstaCare Corp.

InstaCare Corp. is an emerging fulfillment provider of prescription drugs, diagnostics and specialty medical supplies through several profitable and opportunity laden medical distribution channels. The company is also a leading provider of Internet-enhanced PDA devices applicable to healthcare, lodging, and satellite rebroadcast industries. Its proprietary MD*Hand and MD*Desktop technologies and systems manage critical data, enhance productivity and e- commerce, and facilitate communication for many channels in the healthcare industry.

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JMHO. Do your DD. GLTA.

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jordanm
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12 MILLION O/S [Smile]

From 10Q
The number of shares of Common Stock, $0.001 par value, outstanding on August 8, 2007, was 12,241,300 shares.

--------------------
JMHO. Do your DD. GLTA.

Posts: 392 | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
   

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