MCG Claymore/Clear Mid-Cap Growth Index Etf

ATLANTA, March 8 /PRNewswire-FirstCall/ -- MedCAREERS GROUP, Inc. (the "Company") (BULLETIN BOARD: MCGI) today announced its strategy for the pending acquisition of StaffMD. StaffMD built its outstanding reputation largely on the success of its physicianwork.com website, which currently has over 60,000 physician jobs listed nationwide. The website's physician employment opportunities have been viewed by candidates in excess of one million times each year. StaffMD also owns the domain name physicianjobs.com, which is believed to be an outstanding domain name for purposes of search engine optimization ("SEO"), which is recognized as the most cost effective method for marketing online. The Company stated its intention to expand the services of physicianwork.com to the physicianjobs.com domain name and expects to build out this additional website within 60 days after closing on the StaffMD acquisition, which is expected to occur on or before May 4, 2010. The Company also expects to expand its reach in the nurse staffing area, which is traditionally the most developed healthcare staffing area. StaffMD launched RNWORK.COM on November 1, 2003 and today in excess of 20,000 nursing candidates use RNWORK.COM per year to help them find employment opportunities. In addition to expanding the marketing efforts of RNWORK.COM, the Company is actively looking for additional acquisition opportunities in the nurse staffing areas. The Company further announced its intention to commence the build out of a technology platform that emphasizes local search and the displaying of jobs with a local presence across all of its brands. Although the Company's websites will always have the international reach of the Internet, the Company believes that healthcare is delivered on a local level. Accordingly, the Company intends to build a platform that allows for local reach within the wide reach of the Internet to better serve its users. The Company also expects to expand StaffMD's reach beyond temporary staffing in the physician and nursing areas to dentistry. Temporary staffing in the healthcare field is well-established with physicians and nurses, but temporary staffing is still a relatively new concept in dentistry. The Company sees dentistry as an emerging opportunity because the number of dental schools and dental school graduates in the U.S. has remained largely fixed over the past few years, while the U.S. population has continued to grow. As a result, a shortage of dentists is expected to occur which should drive the use of temporary staffing companies for dentistry practitioners. The belief that there is a growing opportunity in dental staffing is bolstered by the fact that a few years ago, leading healthcare staffing firms received virtually no requests for temporary staffing for dentists. Today, however, many of these firms receive thousands of dentistry practitioner requests from government-funded and private dental practices nationwide. StaffMD owns the domain names dentistwork.com and dentistwork.net. Websites for these domain names are expected to be developed within 90 days after the closing of the StaffMD acquisition to capitalize on the emerging dentistry staffing area opportunity. About MedCAREERS GROUP, Inc.: MedCAREERS GROUP (http://www.medcareersgroup.com/) mission is to become a leader in the healthcare career arena with a focus on the healthcare professional. MedCAREERS Group's goal is to build itself into a complete resource for the healthcare professional with an emphasis and understanding of what healthcare professionals need as a resource to assist them in maximizing their careers. MedCAREERS Group aims to be the "go to" place for the healthcare professional community. MedCAREERS Group intends to offer easy, comprehensive solutions and information that is exclusively healthcare related. This press release may contain forward-looking statements, including information about management's view of the Company's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act, and are subject to the safe harbor created by the Act. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of the Company, and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents the Company files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on the Company's future results. The forward-looking statements included in this press release are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, the Company undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by the Company. DATASOURCE: MedCAREERS GROUP, Inc. CONTACT: Investor Relations Department of MedCAREERS GROUP, Inc.,+1-866-472-7781, ir@medcareersgroup.com Web Site: http://www.medcareersgroup.com/

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