MedCare Retains Wall Street West Communications.

OAK BROOK, Ill.--(BUSINESS WIRE)--April 7, 1999--MedCare Technologies Inc. (NASDAQ:MCAR) announced today that it has retained the services of Wall Street West Communications, LLC, to expand awareness in the investment community.

Wall Street West is a Denver, Colorado-based research and corporate news information distributor and has a following of over 15,000 brokers and investors.

"MedCare is one of the most exciting and seriously undervalued companies we have come across," states Daryn P. Fleming, president of Wall Street West Communications, LLC.

Wall Street West plans to complete an online research report on MedCare and provide a listing at http://www.wallstreetwest.com. Information on MedCare will also be presented in the Wall Street West Newswire, a weekly e-mail publication.

Other past and present Wall Street West Internet-related corporations have included such companies as GCST Corporation (OTCBB:GCCT), Onsale (NASDAQ:ONSL), Internet Advisory Corp. (OTCBB:PUNK), InterJetNet Inc. (OTCBB:IJNT), Kanakaris Communications Inc. (OTCBB:KANA), Navarre Corporation (NASDAQ:NAVR), ecom ecom.com (OTCBB:ECEC), Platinum Entertainment (NASDAQ:PTET) and Tel-Save.com (NASDAQ:TALK).

About medcareonline.com

MedCare Technologies, through its wholly owned subsidiary, medcareonline.com Inc., has developed www.medcareonline.com as a comprehensive healthcare portal offering extensive medical information. MedCare's health portal has been designed to meet the current grassroots movement sweeping across the Web, where 46% of all online users search for information about a medical or personal problem according to a recent Intelliquest Inc. survey.

MedCare's "vertical" portal provides health-specific information and resources, such as health travel advisory, health news, symposiums, medical journals and publications. In addition to offering comprehensive medical information to consumers, medcareonline.com also plans to offer free Web hosting and home page services to an estimated 750,000 U.S. physicians, enabling them to send and retrieve free e-mail, conduct e-commerce and allowing their patients to interact on various health topics in "disease and condition" specific chat rooms.

For additional information, including recent analyst reports, please contact Bill Mann at 800/611-3388 or visit our Web site at http://www.medcareonline.com.

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements which are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, changes in insurance reimbursement, economic conditions, the impact of competition and pricing, government regulation, and other risks defined in this document and in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company are expressly qualified by these cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.