Medical Connections Holdings, Inc. Announces That the Step Opportunities Fund Has Completed Its Analysis for Its New Investment

Medical Connections Holdings, Inc. (OTCBB:MCTH), a national provider of healthcare staffing services, reported today that the Step Opportunities Fund is anticipating a capital investment in the Company.

Step Opportunities Fund manages hedge funds comprised of various micro-cap companies. The fund is managed by Mr. Bruce Galloway. Mr. Galloway has over 26 years of experience in investing and advising small and micro-cap companies. Mr. Galloway stated, “After considerable analysis, I am pleased to see the progress that has been made towards the Company’s drive to profitability. The Company has continued to improve margins and to reduce expenses, as well as completing its reconstruction of the recruiting and account management process.”

Anthony Nicolosi, Company President, stated, “I am excited that we have attracted our first of hopefully many investment funds. It’s rewarding to see that Wall Street is beginning to recognize our efforts.”

Medical Connections, Inc. is a national provider of medical recruitment and staffing services. The Company’s business is to identify, select and place the industry’s most talented healthcare specialists, nurses, pharmacists, physicians and hospital management executives. The Company provides recruiting and staffing services for permanent and contract positions, leaving options for both clients and candidates to decide the optimal formula for working together.

With headquarters in Boca Raton, Florida, Medical Connections is ideally positioned to increase its presence in the U.S. healthcare market. Medical Connections Holdings, Inc. is a fully reporting company trading on the OTC B/B under the ticker: MCTH.

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"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects, including without limitation, statements regarding Step Opportunities Fund's investment in our company and the consummation of said investment Forward-looking statements in this press release reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements, as a result of either the matters set forth or incorporated in this report generally or certain economic and business factors, some of which may be beyond the control of Medical Connections. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital to support our operations, projections of revenues and profitability and other risks described in our 10-K for our fiscal year ended December 31, 2010. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.

Medical Connections (CE) (USOTC:MCTH)
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