Medical Care Technologies Inc (MDCE)

[Bretwalda]

"BEIJING, CHINA – November 20, 2012 – Medical Care Technologies Inc. (OTCBB: MDCE), a growing American company providing children’s healthcare services and western healthcare products distribution in China, released today the following letter to shareholders from its Chief Executive Officer:


Dear Valued Shareholders,


Our Executive Team shares the eagerness of our investors to get operations up and running and start generating revenue as soon as possible. However, we see the Company as a long-term project that will take its place as a leading institution in health care in China that will grow, prosper and serve the Chinese people for generations to come. In these crucial days and months leading to the opening of the first centre in Shenzhen, it is important to ask this fundamental question, "Do we want it done now? Or do we want it done right?"


We have recently added to and refined our senior management cadre and added two exceptional new members, Joe Hall and Dr. Richard Rheinbolt. Joe is a retired Air Force Lt. Col. with 20 years experience in Air Force healthcare management. He is Board Certified and a Fellow in the American College of Health Care Executives (FACHE). Dr. Rheinbolt, a pediatrician with “real world” experience in designing and operating overseas clinics, has recently been appointed Senior Medical Advisor and a Member of our Board of Directors.


These experts in the business we are embarking upon must be given time to put their imprints on our operational plan. As a result, this will delay our previously projected deadlines. Medical Care Technologies Inc. expects to be a major force in Chinese health care for decades to come and a few extra months of strategic operational planning at this stage should be viewed as an investment.


I request our valued shareholders to be patient as we take the necessary steps required to raise the final tranches of capital, construct the clinic workspace, and recruit the physicians, nurses, and medical technicians we need to open our first of many clinics in the China marketplace.

Sincerely yours,


“Ning C. Wu”


Ning C. Wu
Chief Executive Officer
Medical Care Technologies Inc."

http://www.sec.gov/Archives/edgar/data/1404593/000121390012006392/f8k112012ex99i_medicalcare.htm