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CRDT Simplify Opportunistic Income ETF

25.01
0.00 (0.00%)
Pre Market
Last Updated: 13:11:39
Delayed by 15 minutes
Name Symbol Market Type
Simplify Opportunistic Income ETF AMEX:CRDT AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 25.01 0 13:11:39

Crdentia Selected to Be Key Provider to Large Integrated Healthcare System in the Southeastern Region

11/09/2006 10:56pm

PR Newswire (US)


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DALLAS, Sept. 11 /PRNewswire-FirstCall/ -- Crdentia Corp. (OTC:CRDT) (BULLETIN BOARD: CRDT) , a leading U.S. provider of healthcare staffing services, today announced that it has been selected to be a key provider of outsourced healthcare staffing services to a leading large integrated healthcare system in the southeastern region that serves more than 3 million people. Under terms of the agreement, Crdentia was designated the primary outsourced healthcare staffing provider for this healthcare systems' major regional medical centers and community hospitals. In addition, Crdentia was also designated as the secondary outsourced healthcare staffing provider for this healthcare systems' other regional facilities, which include additional major hospitals: including tertiary care and community hospitals and a hospital specializing in elective surgical procedures. Crdentia will also be providing staffing services to other facilities in this system in the southeastern region including outpatient surgical and rehabilitation centers and primary care physician offices. The contract allows for the healthcare provider to place orders for an array of temporary healthcare staffing services including nurses and allied health professionals. Estimated annual volume of purchases for outsourced staffing services from this integrated healthcare system will be approximately $6.5 million. Jim Durham, Crdentia's Chairman and CEO, commented, "As with many major new contracts, this southeastern integrated healthcare system conducted a very thorough due diligence process and we are very pleased to have been selected. Our excellent track record of providing high-quality temporary staffing services coupled with our strong local presence in the area were key factors in winning this business. We look forward to a long and mutually beneficial relationship with this and many other providers throughout the entire southeastern region of the U.S." About Crdentia Corp. Crdentia Corp. is one of the nation's leading providers of healthcare staffing services. Crdentia seeks to capitalize on an opportunity that currently exists in the healthcare industry by targeting the critical nursing and allied shortage issue. There are many small, private companies that are addressing the rapidly expanding needs of the healthcare industry. Unfortunately, due to their relatively small capitalization, they are unable to maximize their potential, obtain outside capital or expand. By consolidating well-run small private companies into a larger public entity, Crdentia intends to facilitate access to capital, the acquisition of technology, providing greater diversity of client services and expanded distribution that, in turn, drive internal growth. 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, members of which have other business interests; 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 the limited 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. For Further Information: AT THE COMPANY: AT FINANCIAL RELATIONS BOARD: James D. Durham Lasse Glassen Chairman and CEO 310-854-8313 972-850-0780 DATASOURCE: Crdentia Corp. CONTACT: James D. Durham, Chairman and CEO 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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