Union Dental Opens New Office
January 13 2009 - 6:15AM
Marketwired
Union Dental Holdings, Inc. (OTCBB: UDHI) --
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 has opened its new offices at 1700
University Drive in Coral Springs, Florida to become a Total
Service Provider (TSP) and offer all aspects of dentistry in one
location for all union members.
Dr. George D. Green, President and CEO stated: "With the
consolidation of the telecoms, dental benefits become a very big
issue with all union members. UDHI is going to now provide all
discounted dental services including Orthodontics, Endodontics,
Periodontics, Implants, Pedodontics, Cosmetic Dentistry and Oral
Surgery in one location in Coral Springs."
Dr. Green further stated: "This will save time and money for all
members because they will no longer have to be referred to
specialists in other offices. We will have 'one stop shopping' so
members won't have to take more time off from work for their dental
needs."
Most recently Union Dental reported 3rd quarter profits of
$197,231 with revenues of $519,200 as compared to a profit of
$38,988 with revenues of $566,497 for the same period 2007. For the
nine months ended September 30, 2008, the Company generated profits
of $24,744 as compared to a loss of $809,001 for the same period in
2007.
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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