CareDecision Corp. Discusses Acquisition Strategy; To Expand Nationwide Distribution Strategy With Acquisition of Retail Pharmacies Transition to Mail-Order Facilities.

NEW YORK -- CareDecision Corp., (OTCBB:CDED) a leading Wi-Fi PDA technology provider to the lodging and satellite media industries, the developer of patent-pending technologies for e-health and EMR applications and the distributor of life-saving prescription drugs, today disclosed the Company's latest growth initiatives.

As previously disclosed, the Company has signed a letter of interest to acquire a retail pharmacy with locations in the southwestern United States. This first acquisition target possesses long-term contracts with drug suppliers for retail pharmaceuticals, and will provide channels so that the company can service the medication needs of low-income consumers, representing an ideal foundation for CareDecison's drug distribution strategy.

"Our initial successes following the acquisition of the Kelly Company CareGeneration, Inc. has encouraged management to explore acquisitions to further increase our size, scale and capabilities," commented Robert Cox, CareDecision's Chairman. "We see this as an immediately accretive way to expand our operations and our national footprint, allowing us to more effectively target the rapidly expanding drug distribution market while providing life saving pharmaceuticals to the nation's 40 million-plus uninsured and underinsured."

The company reported that each of the expected acquisitions will be existing profitable pharmacies doing between $1.0 million and $3.0 million in annual revenues and servicing trade areas with populations of between 25,000 and 40,000.

"These proposed acquisitions provide the perfect scale of enterprise for a conversion to a mail order facility, which with a little boost in technology and a few economies, can service a patient base eight to ten times larger and a provide a revenue base several multiples even higher," said Cox.

Following the closing of the acquisition, targeted for mid-summer, management plans to convert the retail pharmacy to a mail order facility, expanding the Company's national network of mail pharmacies and increasing the scale of the drug distribution operation. The Company also announced that it intends to acquire at least one other retail drug distribution facility in the next 60 days.

About CareDecision Corp.

CareDecision Corp. is a leading provider of Internet-enhanced PDA devices applicable to healthcare, lodging, and satellite rebroadcast industries. Its proprietary ResidenceWare, MD@Hand and Satelink, technologies manage critical data, enhance productivity and e-commerce, and facilitate communication with applications in the healthcare, apartment, hotel/motel and satellite rebroadcast industries. The Company has also recently entered the prescription drug distribution channels and is currently shipping prescription drugs to a number of customers.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:

This release contains forward-looking statements about our business or financial condition that reflect our assumptions and beliefs based on information currently available. We can give no assurance that the expectations indicated by such forward-looking statements will be realized. There may be other risks and circumstances that we are unable to predict. When used in this release, words such as "believes," "expects," "forecasts," "intends," "projects," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain statements not accompanied by such expressions. All forward-looking statements are intended to be covered by the safe harbor created by Section 21E of the Securities Exchange Act of 1934.

For further information, please contact:, [phone] or visit the company's Web Site: http://www.caredecision.net.