Medical Care Technologies Inc.OTC: MDCE

Medical Care Technologies Inc. (OTCID: MDCE) Moves $250,000 Software Agreement Into Active Development

· Issued by Medical Care Technologies Inc. via ACCESS Newswire

Summary by 6ix AI

Medical Care Technologies Inc., a technology company that develops AI-powered applications, said on November 4, 2026 that the first payment has been initiated and technical work is underway under its software agreement, valued at up to $250,000, with a client group that includes current and retired professional athletes.

Key details

  • The work covers a web-based interface linked to a custom enterprise software system for tracking inventory, handling sales transactions and related operational processes, including backend system design, data integration points and administrative modules.
  • The agreement also includes ongoing consulting and administrative support while the system is developed, tested and deployed.
  • The agreement, first announced October 14, is what the company describes as its first paid external software agreement outside of its subsidiaries.
  • Separately, one of the company's subsidiaries is in the process of completing what the company calls the largest agreement in the history of Medical Care Technologies and all of its subsidiaries; no further details were provided.

What’s still pending

  • The software agreement is valued at up to $250,000, and the system is still to be developed, tested and deployed.
  • The subsidiary's agreement is still in the process of being completed.

6ix AI wrote this summary from the release below and checked it against the release.

Development Underway on Integrated Web Front-End and Custom Enterprise Backend Covering Inventory, Sales, and Ongoing Technical Support

MESA, AZ / ACCESS Newswire / November 4, 2026 / Medical Care Technologies Inc. (OTCID:MDCE) today provided an execution update on the software agreement announced October 14, valued at up to $250,000, with a client group that includes current and retired professional athletes. The first payment under the agreement has been initiated, and technical work is now underway.

The engagement covers software development that includes a web-based interface integrated with a custom enterprise software system. The platform is being built with data models and workflow logic to manage inventory tracking, sales transactions, and related operational processes. Development includes backend system architecture, data integration points, and administrative modules that support ongoing configuration and operational use. The agreement also includes ongoing consulting and administrative support as the system is developed, tested, and deployed. This is the Company's first paid external software agreement outside of its subsidiaries.

"This is an exciting milestone that validates the value of our technological approach to software," said Marshall Perkins, CEO of Medical Care Technologies. "We moved from an announced agreement to active development on an integrated web and enterprise system with inventory and sales workflow logic, data models, and backend architecture. It shows the platform work can convert into paid technical delivery."

Separately, one of the Company's subsidiaries is in the process of completing the largest agreement in the history of Medical Care Technologies and all of its subsidiaries. No further details are being provided at this time.

The Company continues to advance other commercial tracks, including enterprise consulting for AI model training, subsidiary operations at Infinite Auctions and Real Game Used, and internal evaluation of MDCE Melanoma Scan Beta and the wound-monitoring application. No new software agreements are being announced in this release.

About Medical Care Technologies Inc.
Medical Care Technologies Inc. (OTCID:MDCE) is a diversified technology company focused on the development and commercialization of artificial intelligence-powered applications spanning health, wellness, nutrition, lifestyle, and enterprise imaging analysis solutions. The Company owns subsidiaries Infinite Auctions and Real Game Used. Visit: https://www.medicalcaretechnologies.com | https://infiniteauctions.com | https://realgameused.com

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding ongoing development under an existing agreement and a potential subsidiary arrangement. Forward-looking statements are based on current expectations and assumptions, and actual results may differ materially due to various risks and uncertainties. The company undertakes no obligation to update these statements except as required by law. Investors are cautioned not to place undue reliance on forward-looking statements.

Contact Information:
Medical Care Technologies Inc.
1910 S. Stapley Drive, Suite 221, Mesa, AZ 85204
Phone: +1 (480) 645-0750
Email: [email protected]
Website: https://www.medicalcaretechnologies.com

SOURC: Medical Care Technologies Inc.

View original source (ACCESS Newswire)Medical Care Technologies Inc. on 6ix

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