Union Dental Anticipates 1st Quarter 2008 Revenues to Increase 10%
April 22 2008 - 6:30AM
Marketwired
CORAL SPRINGS, FL -- http://www.uniondental.com/ir -- a Company
that operates and manages a network of dentists throughout the
United States for union members announced today it anticipates
revenues for the quarter ending 3/31/2008 of approximately $695,000
which is an increase of 10 % over the same time period in 2007.
Dr. George D. Green, President and CEO stated: "Although the
accounting for the quarter ending 3/31/2008 has just begun, the
preliminary results indicate a growth over the same time period
last year."
AFA-CWA represents the employees of 20 major airlines such as
United, US Airways, Northwest, America West, Alaska Airlines, PSA,
Mesa, Air Wisconsin, Spirit, Air Tran, AWA, American Eagle, Midwest
Airlines, Miami Air, Piedmont, Horizon & Hawaiian.
Dr. Green further stated: "Union Dental recently announced that
we would expand our Coral Springs office to become a TSP (Total
Service Provider) to accommodate all aspects of dentistry for the
union members along with the private practice patients."
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). 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.uniondental.com/ir
"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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