OCG Technology enters into Share Purchase Agreement and Announces Dividend
FOR IMMEDIATE RELEASE

NEW ROCHELLE, N.Y.— December 22, 2005 — OCG Technology, Inc. (OTCBB:OCGT) announced today that it has declared a stock dividend of all of the issued common stock (the “Dividend Shares”) of its wholly owned subsidiary PrimeCare Systems, Inc. (“PrimeCare”). Prior to the closing of a share purchase agreement (the “Closing”), OCGT shareholders of record (the “Record Holders”) existing at the close of business on December 29, 2005 (the “Record Date”) which will be ex-dividend as of December 27, 2005, shall receive the Dividend Shares. The Dividend Shares shall be distributed to the Record Holders of common and Series C Preferred shares of OCGT. The dividend will be pro rata, on a one share of PrimeCare common stock for each share of OCGT common, and for each share of common stock that the Series C Preferred stock is convertible into.


Under the terms of share purchase agreement, the Share Purchaser will purchase approximately 147,569 shares of OCGT’s Series F Preferred stock for the sum of $475,000.00 plus the contribution to OCGT, on or before February 15, 2006, as contributed capital, without any additional compensation, assets consisting of a 100% working interest in the Redearth Prospect, located in central Alberta, Canada, which Prospect is located adjacent to the Pembina Nisku Reef Prospect and a 20% working interest in the Pembina Nisku Reef Prospect, together with the cash necessary to meet the drilling requirements of the working interests The Closing will result in a change of control of OCGT, since approximately 95.5% of OCGT's outstanding shares will be owned by Share Purchaser.


Prior to Closing, OCGT will contribute all of its assets to PrimeCare in consideration for PrimeCare assuming all of OCGT’s liabilities. In addition, $275,000.00 of the purchase price was paid to PrimeCare. PrimeCare intends to file a registration statement with the Securities and Exchange Commission.

Prior to Closing, two new members will be appointed to OCGT’s Board of Directors and Edward C. Levine will resign as a director and as president/treasurer/CFO of OCGT, Jeffrey P. Nelson will resign as a director and as vice president/secretary of OCGT and Jarema S. Rakoczy will resign as a director of OCGT.


Impetus for development of this capability came from suggestions made by users of the Version Nine System at Hospital A. R. Isola, in Puerto Madryn, Chubut, Argentina. Hospital Isola has been the primary point of introduction for the Version Nine System in Argentina, and many of the enhancements made to the Version Nine System have resulted directly from feedback from the physicians and staff at Hospital Isola.


A Safe Harbor Statement:

The statements that are not historical facts contained in this release are 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, and OCGT intends that such forward-looking statements be subject to the safe harbors created thereby. These forward-looking statements include predictions, estimates and other statements that involve a number of risks and uncertainties any, or all, of which could cause actual results to differ materially from any future performance suggested herein. While this outlook represents OCGT’s current judgment on the future direction of the business, such risks and uncertainties may individually, or mutually, impact the matters herein described, including but not limited to product acceptance, economic, competitive, governmental, results of litigation, technological and/or other factors, which are outside the control of OCGT as well as those risks and uncertainties detailed in the Company’s Security and Exchange Commission filings.


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