EncounterCare Solutions, Inc. (Pink Sheets:ECSL), an integrated healthcare company focused on the health care technology, telemedicine, and homecare markets, announced today that it has appointed Capital Partners Group Ltd., a leading London based financial services firm to raise up to US$3 million in short-term financing, followed by an additional raise of US$10 million in long-term funding. As ECSL�s financial advisor, Capital Partner�s will manage the series of capital raises through potential investors, which is expected to result in a potential listing on the PLUS Markets (formerly known as Ofex) Exchange in London. The agreement was negotiated by ECSL�s strategic advisor Geo Genesis Group, Inc. (�GGG�). In announcing the agreement with Capital Partners, Ron Mills, Sr., President and CEO of EncounterCare, said, �We are extremely pleased to have Capital Partners as our financial advisors. The equity capital that will be raised will enable ECSL to consummate several acquisitions for which ECSL currently has Letters of Intent. The acquisitions will enable ECSL to offer a broader range of proprietary health care technology, products and services that address several substantial target markets, including: the Health Care Information Technology market, the Health Care Telemedicine market (Electronic Health Record, Electronic Medical Data Exchange and the Electronic House Call), and the Home Care Market. In addition, during the fourth quarter of 2006, ECSL experienced a tremendous amount of positive developments regarding potential contracts, distribution agreements, and prospective technology partners, the announcements of which we hope to make in the near future.� About EncounterCare Solutions, Inc. EncounterCare Solutions, Inc. (ECSL) is an integrated healthcare company that operates its business through two divisions, the Healthcare Technology Division and the Healthcare Services Division. ECSL�s five operating businesses offer a broad range of proprietary healthcare technology, products and services that address several substantial target markets, including: the Healthcare Information Technology market (Electronic Health Record), the Healthcare Telemedicine market, and the Homecare market. ECSL�s five operating businesses include: a Pharmacy, Building Blocks Pediatric Home Health Services, CyberMedx Medical Systems LLC, Encounter Select, and JMJ Technologies, Inc. Web site: www.encountercare.com About Capital Partners Group Ltd. Capital Partners Group Ltd. is a leading financial services firm with presence in the UK, U.S., and Asia. Capital Partners Group provides a wide range of financial services, including: Investment Banking, Venture Capital, and Asset Management. Capital Partners Group is Authorized and Regulated by the Financial Services Authority FSA, is an Authorized Member of the PLUS Markets Exchange (formerly known as Ofex), is also Member of the London Stock Exchange (LSE) as a Stockbroker, Capital Partners Securities Ltd is an appointed Representative of First Equity Ltd. Website: www.Capital-Partners.co.uk Safe Harbor Certain statements and information included in this press release constitute "forward looking statements" within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will likely result," "expected to," "will continue," "anticipated," "estimate," "projected," "intends," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital changes in laws or regulations, the affects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, and the ability of the Company to obtain additional financing. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.
Ecare Solutions (PK) (USOTC:ECSL)
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