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Headline of release should read: Union Dental Signs
Agreement With CWA Florence to Build Dental Network; Company Featured
in October Issue of Managed Dental Care (sted Union Dental Signs
Agreement With CWA West Columbia to Build Dental Network; Company
Featured in October Issue of Managed Dental Care).
The release reads:
UNION DENTAL SIGNS AGREEMENT WITH CWA FLORENCE TO BUILD DENTAL
NETWORK COMPANY FEATURED IN OCTOBER ISSUE OF MANAGED DENTAL CARE
Union Dental Holdings, Inc. (OTCBB:UDHI), the leading provider of
network-based dental services for union members, announced today that
it has signed an agreement with the Communications Workers of America
(CWA) Local 3708 in Florence, SC, to build a dental network for its
members.
George D. Green, president and CEO of Union Dental, said, "This is
the fourth agreement we have signed with South Carolina CWA chapters
in recent weeks. CWA in Florence has about 500 insured, and although
it will be one of our smaller networks, it is another excellent
building stone for our company and gets us into a new market."
Member benefits will provide dental services worth $1,500 annually
per insured. There are about 8,500 insured CWA members in South
Carolina. Nationwide, CWA has more than 750,000 members and
approximately 3.2 million insured.
The agreement with Local 3708 was signed following Green's
presentation at the Communication Workers of America quarterly
regional meeting for the South Carolina presidential council on
Aug. 17 in Columbia, SC, where he was the keynote speaker. CWA union
presidents from the entire state were in attendance.
Union Dental was also recently featured in Managed Dental Care's
October issue in an article, "Union Dental Ready for National
Contracts." The article, which describes several recent milestones
that have positioned the company for serious growth, can be viewed at
http://www.hawkassociates.com/uniondental/company.htm.
About Union Dental
Union Dental provides a unique way for unions to provide dental
care to its members. The company is currently serving the
Communications Workers of America (CWA) and International Brotherhood
of Electrical Workers (IBEW). Union Dental receives annual management
fees from dentists who agree to practice in areas of exclusivity where
CWA and IBEW members use the dentists' services. CWA and IBEW local
unions agree to provide a dental network using the members' existing
insurance policies. Dentists in the dental network provide services
for union members as well as existing patients. The network of
dentists accepts payment from union insurance plans for services
rendered as payment-in-full with certain procedures requiring a small
out-of-pocket co-payment from the union member patient. Union Dental
also owns and operates a 17-year-old profitable dental practice. For
more information, visit http://www.uniondental.com.
An investment profile about Union Dental Holdings, Inc. may be
found at http://www.americanmicrocaps.com/udhi/profile.pdf.
An online investor relations kit containing Union Dental press
releases, SEC filings, current Level II price quotes, interactive Java
stock charts and other useful information for investors can be found
at http://www.hawkassociates.com and http://www.americanmicrocaps.com.
Investors may contact Frank Hawkins or Julie Marshall, Hawk
Associates, at (305) 451-1888, e-mail: info@hawkassociates.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.