Union Dental to Acquire Building in Charlotte, NC
November 27 2007 - 6:15AM
Marketwired
CORAL SPRINGS, FL -- http://www.uniondentalcorp.com/ir --
announced today it has entered into negotiations to acquire a
building in Charlotte, NC in its expansion program to serve union
members. The acquisition will house the dental practice UDHI
announced its intent to acquire (November 19, 2007). The building
will be used for General Dentistry, Endodontics, Periodontics,
Orthodontics, Oral & Maxillofacial Surgery, TMJ, Prosthodontics
and Pedodontics.
Dr. Green, President and CEO of Union Dental, commented: "We
intend to provide all aspects of dentistry in one location. We are
going to use this approach as the 'cookie cutter' mold for future
acquisitions. We want to make sure we are able to take care of all
the dental needs of the union members in one location."
About Union Dental Holdings, Inc., Direct Dental Services, Inc.
and Union Dental Corp.
Direct Dental Services and Union Dental Corp. are wholly owned
subsidiaries. Direct Dental Services provides dentists with "areas
of exclusivity" to participate with various unions including the
Communications Workers of America (CWA) and the International
Brotherhood of Electrical Workers (IBEW), United Association of
Plumbers and Pipe Fitters (UA) and The Association of Flight
Attendants - Communications Workers of America (AFA-CWA) who
represent United, US Airways, Northwest, America West, Alaska
Airlines, PSA, Mesa, Air Wisconsin, Aloha, ATA, Spirit, Air Tran,
AWA, American Eagle, Midwest Airlines, Miami Air, Piedmont, Horizon
& Hawaiian. Direct Dental Services receives annual management
fees from the dentists in exchange for practicing in these "areas
of exclusivity" where CWA and IBEW members use the dentists'
services. Union Dental manages a dental practice in Coral Springs,
Florida.
WEBSITE: www.uniondentalcorp.com/ir or www.afadental.com
"Safe-Harbor" Statement: Under the Private Securities Litigation
Reform Act of 1995. This press release may contain forward-looking
information within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended (the "Exchange Act"), including
all statements that are not statements of historical fact regarding
the intent, belief or current expectations of the Company, its
directors or its officers with respect to, among other things: (i)
the Company's financing plans; (ii) trends affecting the Company's
financial condition or results of operations; (iii) the Company's
growth strategy and operating strategy; and (iv) the declaration
and payment of dividends. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend," and
similar expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond the
Company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors.
CONTACT INFORMATION: Dr. George D. Green President Email
Contact
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