Empire Research Associates Announces Investment Opinion on CareDecision Corp.

Business Editors

NOTE TO EDITORS: The following is an investment opinion issued by

Empire Research Associates, Inc.

CHATHAM, N.J.--(BUSINESS WIRE)--Dec. 30, 2003

Empire Research Associates, Inc. ("Empire"), a leading business consulting firm specializing in economic, financial, investment and management information system matters, today announced that it is offering an updated report on CareDecision Corp. (OTCBB:CDED). Bill Walling, Chairman of Empire stated: "In our assessment, CDED has made significant advancement in developing leading-edge software for enhanced information technology, embodied in its Wi-Fi PDA computer products. Based on our continuing research, we reiterate our previous Strong Speculative Buy recommendation. In addition, a six-month Price Target of $0.25 still appears reasonable, assuming further progress by CDED, especially from projected revenue growth."

Our positive recommendation is heavily based on these important factors:

-- CDED's PDA-based e-technology appears to possess competitively

superior features for several markets.

-- The target markets are huge in absolute terms and particularly

relative to still-miniscule CDED.

-- The hotel/apartment management and co-op advertising component

of these markets are estimated to be some $200 billion

annually.

-- Healthcare's administrative component is some $300 billion

annually, of which an estimated $150 billion is processing

functions susceptible to displacement by CDED's existing

digital technologies.

-- Top management seems unusually savvy about its technology and

its marketplace opportunities.

-- Necessary financing is likely to become obtainable, we

believe.

EMPIRE RESEARCH will make available, free of charge, a copy of its report on CareDecision Corp. to any interested party who either requests via e-mail, or sends a self-addressed, stamped envelope to:

Empire Research Associates, Inc.
39 Rowan Road
Chatham, NJ 07928
Email: buddha8@optonline

EMPIRE RESEARCH has obtained information from sources that are considered reliable but it is not guaranteed that its report is accurate or complete. No representation or warranty is made as to the accuracy, reliability, or timeliness of the content. All Empire Research reports contain forward-looking statements, which involve risks and uncertainties, which could cause actual results to differ from those implied by these statements. It is intended that all forward-looking statements be covered by the "Safe Harbor" provisions of Section 21E of the Securities Exchange Act of 1934. The opinions expressed are of this date and EMPIRE RESEARCH assumes no obligation to update, modify, or amend its report. EMPIRE RESEARCH will be paid by CDED $2,500.00, in shares, for its research and report preparation.