Medical Connections, Inc. Appoints New Member to Board of Directors
August 17 2010 - 3:05PM
Business Wire
Medical Connections Holdings, Inc. (OTCBB: MCTH), a national
provider of medical recruitment and staffing services, announced
today the appointment of Mr. James E. Wallace to its Board of
Directors.
Mr. Wallace has owned and operated surgery and spinal care
facilities in Georgia and has been active in the venture capital
arena since 1976. He attended both the University of Georgia and
Louisiana State University.
Mr. Wallace stated, “I am looking forward to working with
Medical Connections on the Board of Directors with my ideas and
vision. I hope to increase the quality and quantity of healthcare
personnel to hospitals, surgical centers, providers and improve
overall patient health. We at Medical Connections should be able to
grow at rapid rates while increasing profit margins, as our
economies of scale increase.”
Anthony Nicolosi, Company President, stated, “Having Mr. Wallace
join our team adds to what we feel is already an impeccable board
and management team. Mr. Wallace brings years of experience in the
healthcare field as well as in capital formation. His experience
will be invaluable to Medical Connections as we continue our growth
through acquisition strategy.”
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. Forward-looking statements in this report
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, 2009. 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.
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