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XCRT Xcelerate Inc (QB)

0.025
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Xcelerate Inc (QB) USOTC:XCRT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 0.024 0.025 0.025 0.025 0.025 40,308 13:14:58

Dr. Green Addresses Florida CWA Presidents Counsel in Orlando

06/02/2008 12:15pm

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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 Dr. George Green spoke to all of the Florida CWA Presidents addressing the issue of dental benefits. A specific topic on the agenda was the merger of at&t and Bell South and what will transpire in relation to the dental benefits offered by the employer. Union officials stated the new at&t, which continues to provide dental insurance through a Third Party Administrator (TPA) and dental insurance benefits, will remain the same and processed as normal through the TPA.

Dr. George D. Green, President and CEO, stated: "Reimbursement to the doctors was set higher while out of pocket cost increases to the union membership were kept minimal. The increase on crown units was held at $40 and for root canals $50 and is thus minimal to the affected patient. At the same time to the dentist performing a bulk of work the increase is substantial and will be profit producing for our dental providers. As such it should help to attract more dentists to participate as we renew our networks in the nine formerly Bell South states and seek to attract more providers."

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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