Medical Care Technologies Inc (MDCE)

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The following Press Release was sent out at 1:00pm Eastern today.

Medical Care Technologies Inc. obtains financing to secure lease for Shenzhen Kid's Health Center.

- Funds enable management to proceed with construction phase.

BEIJING, CHINA - September 7, 2012 - Medical Care Technologies Inc. (OTCBB: MDCE), a growing children's healthcare service provider, is pleased to announce that it has secured direct investment of $35,000 from a Florida private growth capital firm, Five Nine Global Partners LLC.

The direct financing was used to guarantee the lease premises for the building location of the Shenzhen Children's Health and Wellness Center - a major milestone and a necessity before construction can begin. The company's recently approved health center license covenants that the license is restricted and specific to the building site and premises selected for the operation of its children's health center. Had the lease not been secured for this specific site, the license would have been revoked and the Company would have had to re-enter the application and licensing process again from the beginning. The proceeds enabled Management to lock in over 4,500 square foot street-level space in a high-end, garden-style commercial and residential building complex for three months while construction is carried out.

"The financing will not immediately add any additional shares into the market place and will allow us to concentrate on building our new center", said CEO Ning Wu. "We are very fortunate to have supportive investors who recognize the potential of our healthcare service business."