A children's health care service provider, Medical Care Technologies declared that it has completed the third round of convertible note funding and has obtained $752,500 for the Company.
Private investors from Hong Kong funded the third round, which totaled $210,000. The funds will be used by the Company to retrofit the sustainability objectives in its chief children's health care center that is presently being built in Dongguan, China. Programmable thermostats, automatic hand dryers, motion sensor light switches, certified insulation, low-E windows, dual flush systems, recycling areas, tubular daylighting devices, and low-flow faucets are the aspects taken into account for a green building, which will lessen operation costs in the long run and also provide a comfortable, productive and safe environment.
Ning Wu, Chief Executive Officer of Medical Care Technologies, stated that he considers this funding as an acknowledgement of the company’s special focus on pediatrics in China and it will strive to offer an excellent facility and that it is focusing on the areas of health care that have not been considered earlier in accordance with the investment philosophy of the investors.
Luis Kuo, Chief Operations Officer of Medical Care Technologies stated that they have planned the center with sustainability aspects that accentuate its dedication towards being green. This resolution to implement this method through the building course sustains the company’s dedication to ecological stewardship and preservation and results in the most favorable balance of human, cost, environmental and societal benefits while addressing the operation and mission of the pediatric health care facility. He added that they were futuristic and will be able to cater in such a way that the benefits will be realistic and quantifiable to the community, children and the environment. The facility is planned to open in early 2012.
Source: http:// www.medicaretechinc.com