Medical Care Technologies plans to focus on new business strategy in 2010

Medical Care Technologies Inc. (OTCBB: MDCE) would like to provide its shareholders with a corporate update.

On October 6, 2009, MDCE entered into a non-binding Letter of Intent with Great Union Corporation ("GUC"), a Hong Kong corporation, with the intent to acquire ownership of certain medical care products developed by GUC.

According to the LOI, MDCE will then complete the acquisition of these assets by issuing 57,300,000 to GUC, or GUC's designees.

GUC is a company holding assets associated with the development and maintenance of secure information systems which increase access to medical resources services, education and wellness, pharmaceutical and nutriceutical products. Patricia Traczykowski, President of MDCE, is pleased to provide an update of the Company's progress and recent corporate activities, as the Company moves from the oil and gas industry, into medical care technologies.

For the upcoming year, the Company plans to focus on MDCE's new business strategy: which is to commercialize the medical care technologies it anticipates acquiring through strategic alliances with leading, world class players in the health industry and it is our strategy to provide expertise in pharmaceutical and nutriceutical product development, in order to gain brand and market acceptance with established sales and distribution channels. This strategy is intended to secure revenues, optimize cash flow and protect intellectual property rights through unique profit sharing partnerships as well as minimize capital and operational expenditures.

Patricia Traczykowski, President of MDCE, states, "We have set near term goals to imminently complete the acquisition and close the deal with GUC. This will lead MDCE to commercialization partnerships for GUC's technologies and for each of its three divisions: Medical Devices, Pharmaceuticals and Nutriceuticals, in an effort to create the best possible value for our shareholders."

Subsequently, on October 13, 2009, the Company filed Articles of Merger with the Nevada Secretary of State to effect a merger with its wholly owned subsidiary, Medical Care Technologies Inc. and assume the subsidiary's name. The subsidiary was incorporated entirely for the purpose of effecting this name change and the merger did not affect the Company's Articles of Incorporation or corporate structure in any other way. In conjunction with the name change the Company has also been granted a new trading symbol. The Company's new trading symbol is: MDCE.

Subject to the execution of a definitive agreement and fulfillment of other conditions laid out in the agreement, MDCE's current President, CEO and director, Patricia Traczykowski, shall resign from these positions to allow the Company to grow into the space of medical care technologies.