CyberCare Identifies Framework for Future CEO States Strategy.

Business Editors & Health/Medical Writers

BOYNTON BEACH, Fla.--(BUSINESS WIRE)--March 20, 2002

CyberCare, Inc. (Nasdaq:CYBR) today announced the framework of a plan targeted at shareowner value and improved customer and employee satisfaction.

According to Joe Forte, President and CEO:

"Some people have mistakenly interpreted the company's silence over the past six weeks to mean a lack of direction and the precursor to the company going out of business. Although we have significant hurdles ahead of us, we are developing a plan which management believes will better position the company for success in its services and technology businesses. These hurdles demand time to complete proper diligence and to develop an understanding of all the issues as well as to establish an effective methodology to address them. I will briefly describe some of the elements of our plan with the entire plan unfolded over the next 90 days.

"We have achieved major milestones in the technology business since June 2001 which will strengthen our competitive ability. These included:

-- As previously disclosed, we continue to seek financing opportunities to
support our business operation. Although there can be no assurances, we are
encouraged by our prospects looking forward.

-- We have significantly reduced the company's monthly burn rate to be
commensurate with our prospects for revenue generation. We are trying to
minimize one time expenditures and recast historical obligations.

-- We have aligned our people by business area and are driving a values
oriented, performance based culture. We are developing specific objectives for
everyone in the organization to be aligned with our overall goals for
shareowner value, customer satisfaction and employee satisfaction.

-- We are cleaning up the balance sheet. A significant short term impact is
required to allow each operating unit to exceed expectations in 2002 and
beyond.

-- We will retain the services businesses, physical therapy and the pharmacy
until we clearly understand the value these units represent in either keeping
them or by improving their bottom line so that we can secure a better value for
our shareholders.

-- We will focus on the services business to grow both top-line and bottom-line
performance. This will help us minimize the amount of new funding needed to
sustain the operations of the company on an ongoing basis; as well as, provide
immediate incremental value to our shareowners.

-- We will institute a board of advisors consisting of individuals of
significance to our industry. We will identify the participants and their roles
over the next 90 days.

-- We have redefined our revenue model for the technologies business with a
greater focus on immediate revenue while still ensuring a recurring revenue
stream for long term viability.

-- We will strengthen our focus on strategic alliances in order to give us the
required demand coverage, international presence and more immediate acceptance;
all at a lower cost base from our perspective.

-- We have targeted specific prospects for the technology business who will
give us the presence and credibility as springboards for our continued success.


-- We will spend money, time and effort on a focused marketing plan including
value oriented messages to each of our potential customer bases, leveraging all
elements of a true marketing portfolio.

-- We will strive for more institutional ownership of our shares so that our
owners will take a longer term perspective about the company and therefore
minimize the daily value fluctuation of our share price and total valuation.

"Even with these accomplishments, our sales, marketing and revenue generation efforts need to vastly improve. This too is being addressed.

"In the last several weeks we have been solidifying our strategy relative to our corporate activity and that of our other businesses.

-- As previously disclosed, we continue to seek financing opportunities to
support our business operation. Although there can be no assurances, we are
encouraged by our prospects looking forward.

-- We have significantly reduced the company's monthly burn rate to be
commensurate with our prospects for revenue generation. We are trying to
minimize one time expenditures and recast historical obligations.

-- We have aligned our people by business area and are driving a values
oriented, performance based culture. We are developing specific objectives for
everyone in the organization to be aligned with our overall goals for
shareowner value, customer satisfaction and employee satisfaction.

-- We are cleaning up the balance sheet. A significant short term impact is
required to allow each operating unit to exceed expectations in 2002 and
beyond.

-- We will retain the services businesses, physical therapy and the pharmacy
until we clearly understand the value these units represent in either keeping
them or by improving their bottom line so that we can secure a better value for
our shareholders.

-- We will focus on the services business to grow both top-line and bottom-line
performance. This will help us minimize the amount of new funding needed to
sustain the operations of the company on an ongoing basis; as well as, provide
immediate incremental value to our shareowners.

-- We will institute a board of advisors consisting of individuals of
significance to our industry. We will identify the participants and their roles
over the next 90 days.

-- We have redefined our revenue model for the technologies business with a
greater focus on immediate revenue while still ensuring a recurring revenue
stream for long term viability.

-- We will strengthen our focus on strategic alliances in order to give us the
required demand coverage, international presence and more immediate acceptance;
all at a lower cost base from our perspective.

-- We have targeted specific prospects for the technology business who will
give us the presence and credibility as springboards for our continued success.


-- We will spend money, time and effort on a focused marketing plan including
value oriented messages to each of our potential customer bases, leveraging all
elements of a true marketing portfolio.

-- We will strive for more institutional ownership of our shares so that our
owners will take a longer term perspective about the company and therefore
minimize the daily value fluctuation of our share price and total valuation.

"Our ability to attract key people as we continue to unfold our plan will be paramount to our execution. I am confident in our plan and believe we will have the resources available to us to effectively execute it. The next 12 months will be a year of rebuilding and repositioning. As with most opportunities, the longer term view is very encouraging but not without risk."

These actions are being taken in order to restore confidence and credibility of the company by shareowners and customers. Under Joe Forte's leadership, a management team, supported by the board of directors and the board of advisors, are ready to address the issues at hand and successfully grow the company. The progression of positive milestones along the way will ensure incremental funding and the attraction of the right team members to join the organization. We are exploring all appropriate alternatives for communication, in general and to our investors. Our focus will be running the company and delivering value to our shareholders via its successes.

About CyberCare, Inc.

CyberCare, Inc. is a network-based telehealth solutions company improving the delivery of care through its Internet-based technology. CyberCare creates a live, interactive community that incorporates all members of the care team in the healthcare delivery process, resulting in cost reduction and improvement in the quality of patient care. Utilizing patented technology for remote monitoring and real-time interactive communications between chronically ill patients and their providers, CyberCare's Electronic HouseCall(R) System allows for effective and efficient data collection, case management and personal interaction. Headquartered in Boynton Beach, Fla., CyberCare also has physical, occupational and speech therapy businesses and an institutional pharmacy business. Visit CyberCare's Web site at http://www.cybercare.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development of new products, product acceptance and effectiveness, government approval processes, the impact of competitive products or pricing, technological changes, the effect of economic conditions and other uncertainties detailed in the Company's filings with the Securities and Exchange Commission.