CareDecision Corp. and Netcare Health Group, Inc. Execute Definitive Agreement

Business Wire, Feb 4, 2003

Business Editors

NEW YORK--(BUSINESS WIRE)--Feb. 4, 2003

CareDecision Acquires Pharmacy Operations with a Projected $5 Million

Annual Revenue Stream and 800 Physician Client Base

for E-Health Products

CareDecision Corp. (OTCBB:CDED), the e-Health technology developer and medical PDA innovator, today announced that is has signed a Definitive Agreement with Netcare Health Group to acquire its wholly owned subsidiary, Netcare Health Services, Inc. The agreement between the two companies will finalize upon the filing of the appropriate merger documents that follow a defined diligence period that concludes on February 13, 2003.

Netcare Health Services, Inc., specializes in the provision of pharmacy fulfillment services to the nation's long term care and nursing home industries. The acquisition, when completed, transitions CareDecision Corp. from its focused e-Health business model, and its intermediary role providing Internet-enhanced communication software solutions between physicians and the other industry participants, to also include a new business unit offering prescription drug fulfillment and pharmacy services at several levels within the healthcare system.

Robert Cox, CEO of CareDecision, commented, "The addition of Netcare to our existing operation satisfies the established internal criteria that we rigidly observe when evaluating any acquisition, merger, technology advancement and product development. Netcare has an existing business that is projected to yield a nearly $5 million annual revenue stream, while at the same time furnishing the Company with a customer base that has an expressed need for those solutions that our core e-health technologies can satisfy. Netcare currently provides service to nearly 800 practicing physicians who in turn administer a large geriatric patient base, and who will benefit from the introduction and adoption of our clinical software applications."

Mr. Cox continued, "This acquisition immediately introduces a broad base of new clients to our core e-Health technologies, while simultaneously providing Netcare with the technological tools to create a service differentiation that separates them from the competition. The inclusion of CareDecision technologies within the provided Netcare pharmacy fulfillment service will create a distinguishing and uniquely saleable feature that will positively impact the pursuit of incremental pharmacy fulfillment business. It is the perfect union of diverse enterprises that will result in significant advancements for each individual entity while yielding compounded benefits to the parent."

About CareDecision Corp.

CareDecision Corp. is an e-health PDA-based information technology company that provides physicians with sophisticated medical information solutions at the point-of-care. The company's patent-pending software systems, communication technologies and clinical applications furnish office-based physicians, EMR physicians, and industrial medicine practitioners with vital patient information using an e-health business model, on a Microsoft Windows CE-based PDA.

Forward-Looking Statements

This news release contains forward-looking statements about our business or financial condition and prospects 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 news release, words such as "believes," "expects," "intends," "plans," "anticipates," "estimates" and similar expressions are intended to identify forward-looking statements, although there may be certain forward-looking 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.

www.caredecision.com