Stuttgart, Germany--(Newsfile Corp. - December 30, 2015) - Medicus Homecare Inc. (OTC Pink: MDCRE) (the "Company") is pleased to inform its shareholders that it has recently filed its Annual Report on Form 10-KT on December 28, 2015 for the year ended December 31, 2014.

As a result of our acquisition of Beatmungspflege 24 GmbH (the "Acquisition") on November 12, 2014, the fiscal year end of the Company changed from July 31 to December 31 in order to coincide with the fiscal year end of Beatmungspflege 24 GmbH.

"We are extremely pleased to finally have completed our Audit for the year ended December 31 2014. The audit of Beatmungspflege 24 GmbH was much more time consuming and complex than those of past years due to the Acquisition. Having now completed the audit for 2014, we now have all the controls and procedures in place to make sure the Company returns to Fully Reporting Status and returns to trade on the OTCQB in short order. The Company is well on its way to completing the Quarterly Reports for the periods ended March 31, June 30, and September 30, 2015. All information is currently being reviewed by the Company's accountants and filing is targeted for early 2016," stated Dr. Orhan Karahodza, the President of the Company.

The Company would like to thank its shareholders for their patience during the initial Acquisition and Audit phase and looks forward to 2016.

ABOUT MEDICUS HOMECARE INC.

The Company offers medical in-home care services in Germany including ventilation for patients that suffer from debilitating diseases such as Amyotrophic Lateral Sclerosis (ALS), Muscular Dystrophy (MD), Guillain-Barre syndrome (GBS), and Chronic Obstructive Pulmonary Disease (COPD). Other services provided by the Company include acute post-patient care, respiration optimization and monitoring of long-term home respiration.

For additional information regarding the Company, please visit www.medicushomecareinc.com, or email info@medicus-24.de or telephone +49 157 894 69537.

On behalf of the Board,

Dr. Orhan Karahodza
President
 

Notice Regarding Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to business of the Company and the environment in which it operates. Forward-looking statements are identified by words such as "believe", "anticipate", "expect", "intend", "plan", "will", "may" and other similar expressions. These statements are based on the Company's expectations, estimates, forecasts and projections and include statements relating to trading of the warrants. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. These risks and uncertainties are discussed in the Company's regulatory filings available on EDGAR or in the Company's Form 10-KT for the fiscal year ended December 31, 2014, filed on December 28, 2015. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances.