SecureCare Technologies Announces Engagement of Mercom Capital Group to Spearhead Investor Relations Initiatives
November 02, 2007 (PRLEAP.COM) Health NewsAUSTIN, Texas – SecureCare Technologies, Inc. (OTCBB: SCUC), a health care information technology company based in Austin, Texas, is pleased to announce that it has engaged Austin-based Mercom Capital Group, an investor and public relations consulting firm, to provide strategic investor relations services.
“We welcome this partnership with Mercom Capital Group. We were impressed by their integrity, experience, dedication and drive and have selected them to launch our financial market awareness program," said Dennis Nasto, president and chief executive officer of SecureCare Technologies. “With the recent launch of Sfax™, our secure, electronic fax management system that is 100 percent dedicated to the health care industry, we believe we are now in a position for significant growth. Strategically, the time is right for us to commit to an investor relations program to expand our awareness throughout the investment community and to drive performance-based value for our shareholders.”
“SecureCare is poised to take advantage of enormous market potential within the health care industry considering a majority of the end-users in SecureCare’s targeted industry segment still rely on manual faxing,” stated Wendy Prabhu, president of Mercom Capital Group. “We are excited to be working with SecureCare and look forward to communicating their value proposition and performance to the financial markets, helping the company build long-term shareholder value.”
About SecureCare Technologies, Inc.
SecureCare Technologies, Inc. is a publicly-held health care information technology company with shares traded under the symbol SCUC. The company’s Internet-based Sfax™ is the only secure, electronic fax management system that is 100 percent dedicated to the health care industry. The product is a HIPAA-ready work-flow solution that saves end-users up to 95 percent of the time and up to 80 percent of the cost of manual faxing. It provides a complete log and audit trail for all fax documents and completely eliminates the manual paper processing of fax documents. Sfax is distributed to end-users through the company’s network of health care software vendors and value-added resellers. It is sold as an easily-
integrated, add-on module to existing health care applications or as a stand-alone solution. Additional information about SecureCare can be found at: http://www.sfaxme.com
About Mercom Capital Group
Mercom Capital Group, llc is a full-service communications firm with core competencies in all aspects of investor relations and public relations. Founded in 2002, the company provides strategic investor relations and public relations advice and services to both public and private companies seeking access to U.S. capital markets as well as international markets. For more information about Mercom Capital Group, visit: http://www.mercomcapital.com
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.