DALLAS, July 3 /PRNewswire-FirstCall/ -- Crdentia Corp. (OTC:CRDT) (BULLETIN BOARD: CRDT) , a leading U.S. provider of healthcare staffing services, today announced an important step in the execution of its strategy to focus on both organic growth and on the attractive markets throughout the Sun Belt regions of the U.S. As part of this strategy, Crdentia has entered into an agreement to sell its Detroit assets. Proceeds from the sale of these assets were $0.3 million and receipt of 128,367 shares of Crdentia common stock. With the divestiture of these assets, Crdentia will continue to focus on its strong base of operations located in the southeast and southwest of the United States, which include 12 hub offices throughout Arizona, Texas, Alabama and North Carolina. The Company also remains committed to expanding its network of hub offices in strategic markets throughout the Sun Belt. John Kaiser, Crdentia Chief Executive Officer, commented, "Crdentia is now a solid company operating in attractive markets and poised to achieve significant growth. In only 12 weeks since joining Crdentia as CEO, I am pleased to report several important accomplishments. These include significantly reducing expenses, stabilizing operations, motivating our strong base of employees, implementing new management reporting systems, improving our recruiting initiatives and initiating organic growth initiatives. I believe that these financial and operational improvements will be reflected in our results during the second half of 2007, which will build a very strong foundation for success in 2008. We look forward to beginning to generate positive adjusted EBITDA. Going forward, we are steadfast in our focus to achieve this goal through ongoing improvements in recruitment and order fulfillment, organic revenue growth, carefully managing operating expenses, and seeking strategic acquisitions that can bolster our strength in the Sun Belt markets. We believe that we are making great progress toward these goals." About Crdentia Corp. Crdentia Corp. is one of the nation's leading providers of healthcare staffing services to 1,500 healthcare providers in the U.S. Crdentia provides high quality temporary healthcare staffing comprised of travel and per diem nursing, locum tenens, and allied healthcare staffing. 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; 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 limited trading in the 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 J. TerBeest Lasse Glassen Chief Financial Officer 310-854-8313 972-850-0780 DATASOURCE: Crdentia Corp. CONTACT: James J. TerBeest, Chief Financial Officer 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/

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