Medical Care Technologies Inc.

Medical Care Technologies Inc. (MDCE) is a children's healthcare service provider headquartered in Beijing, China. The company was originally incorporated in California on February 27, 2007, as Aventerra Explorations Inc., and underwent several name changes, adopting Medical Care Technologies Inc. on October 13, 2009. On January 9, 2010, the company acquired various technologies from Great Union Corporation, a Hong Kong corporation, related to secure information systems for medical resources, health education, and pharmaceutical and nutraceutical products. Since this acquisition, the company's primary business has shifted to providing children's healthcare services. On April 28, 2011, Medical Care Technologies Inc. entered into a joint venture with Ocean Wise International Industrial Limited, a Hong Kong company, to form ReachOut Holdings Limited, a new Hong Kong company in which Medical Care Technologies Inc. owns 65%. ReachOut Holdings Limited is responsible for establishing Chinese subsidiaries in various cities across China to operate children's healthcare centers. In June 2011, ReachOut Holdings Limited established a subsidiary in Dongguan, China, specifically to provide high-quality pediatric healthcare services in that city. The company is principally engaged in opening and operating children's integrated health and wellness centers and in the selling and distribution of pharmaceutical and nutraceutical products.