Crdentia Selected by Large Southeastern Healthcare Group to Provide Travel Nurse Staffing Services
October 11 2006 - 5:39PM
PR Newswire (US)
DALLAS, Oct. 11 /PRNewswire-FirstCall/ -- Crdentia Corp. (OTC:CRDT)
(BULLETIN BOARD: CRDT) , a leading U.S. provider of healthcare
staffing services, today announced that it has been awarded a
contract by a large healthcare group in the southeast region of the
United States. Under terms of the agreement, Crdentia will provide
travel nurse staffing services to a major healthcare group
operating 150 hospitals in seven southeast region states. The
signing of this agreement marks the latest of three significant
staffing contracts awarded to Crdentia during the past several
months. Jim Durham, Crdentia's Chairman and CEO, commented, "I am
pleased to announce that Crdentia has been awarded this latest
healthcare staffing services contract. This business will enhance
our already solid footprint in the southeastern region of the
country, while providing our strong group of travel nurses with
additional opportunities and career choices. We look forward to a
long and mutually beneficial relationship as we help this important
healthcare group fulfill its staffing requirements with dedicated
and highly talented healthcare professionals." About Crdentia Corp.
Crdentia Corp. is one of the nation's leading providers of
healthcare staffing services. Crdentia seeks to capitalize on an
opportunity that currently exists in the healthcare industry by
targeting the critical nursing and allied shortage issue. There are
many small, private companies that are addressing the rapidly
expanding needs of the healthcare industry. Unfortunately, due to
their relatively small capitalization, they are unable to maximize
their potential, obtain outside capital or expand. By consolidating
well-run small private companies into a larger public entity,
Crdentia intends to facilitate access to capital, the acquisition
of technology, providing greater diversity of client services and
expanded distribution that, in turn, drive internal growth. For
more information, visit http://www.crdentia.com/. Forward Looking
Statements Statements contained in this release that are not
historical facts are forward-looking statements that involve risks
and uncertainties. Among the important factors which could cause
actual results to differ materially from those in the
forward-looking statements include, but are not limited to, those
discussed in "Risk Factors" in the Company's Forms 10-KSB, Forms
10-QSB, and other filings with the Securities and Exchange
Commission. Such risk factors include, but are not limited to, a
limited operating history with no earnings; reliance on the
Company's management team, members of which have other business
interests; the ability to successfully implement the Company's
business plan; the ability to continue as a going concern; the
ability to fund the Company's business and acquisition strategy;
the growth of the temporary healthcare professional staffing
business; difficulty in managing operations of acquired businesses;
uncertainty in government regulation of the healthcare industry;
and the limited public market for the Company's common stock. The
actual results that the Company achieves may differ materially from
any forward-looking statements due to such risks and uncertainties.
We undertake no obligation to revise or update publicly any
forward-looking statements for any reason. AT THE COMPANY: AT
FINANCIAL RELATIONS BOARD: James D. Durham Lasse Glassen Chairman
and CEO 310-854-8313 972-850-0780 DATASOURCE: Crdentia Corp.
CONTACT: James D. Durham, Chairman and CEO of Crdentia Corp.,
+1-972-850-0780; or Lasse Glassen of Financial Relations Board,
+1-310-854-8313, , for Crdentia Corp. Web site:
http://www.crdentia.com/
Copyright