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Union Dental Holdings, Inc. (OTCBB: UDHI), a provider of
multi-state dental services for union members, announced today that
Dr. George D. Green, President and CEO of UDHI, will be the featured
speaker at the Communication Workers of America District 9 President's
meeting for the North California / Nevada Council on March 1st in
Sacramento, CA. All presidents from Northern California and Nevada
will be in attendance including the areas of Sacramento, San
Francisco, Oakland, San Jose, as well as other smaller neighboring
cities.
Dr. Green will declare to the assembly that the update of UDHI's
network of dentists for California is now complete, having over 800
dentists and specialists in District 9 to service the needs of CWA
members. The union membership has availed itself to this dental
network as evidenced by the number of monthly hits on the UDHI
website. This is attributable to California CWA members looking for
dental services and providers. UDHI has more than doubled the number
of dental providers in the network during the last quarter of 2005.
Dr. Green will also announce to the local presidents the
facilitation and circulation of the new marketing material which will
be distributed through the District 9 office in Sacramento.
Distribution of the marketing materials occurs through printed
brochures mailed to union members and placed in the worksites in
poster boards provided by UDHI. Additionally, marketing materials are
disseminated through UDHI's internet site at www.uniondental.com.
Furthermore, within the new brochure to be distributed by District
9, Dr. Green will also announce there will be over $40.0 million worth
of additional benefits for CWA members in the form of discounted
coupons provided by participating dentist in the District 9 network.
Dr. Green stated, "While union benefits are being slashed by
consolidation in the telecom industry, UDHI is able to increase
benefits to members at no cost to the employer, union or union
member." Dr. Green continued to say, "This creates a great solidarity
between members, union officials and UDHI."
Dr. Green has recently spoken to all of the Presidents in the
Southern California and Central Valley Council who all resoundingly
agreed the UDHI agenda was a good program for their membership and
strengthened solidarity amongst its members.
This press release is available on the company's official online
Investor Relations HUB at http://www.agoracom.com/IR/UnionDental for
all investor questions, answers and discussion within a monitored
environment. Alternatively, investors are able to e-mail all questions
and correspondence to UDHI@agoracom.com where they can also request
addition to the investor e-mail list to receive all future press
releases and updates in real time.
About Union Dental Holdings, Inc., Direct Dental Services, Inc.
and Union Dental Corp.
Direct Dental Services and Union Dental Corp. are wholly-owned
subsidiaries and provide dentists with "areas of exclusivity" to
participate with various unions including the Communications Workers
of America ("CWA") and International Brotherhood of Electrical Workers
(IBEW) Dental Networks. Union Dental Corp. 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.
DDS/UDC has contracts with CWA & IBEW Local Unions to provide a dental
network utilizing the members existing insurance policy. The dentists
in the Dental Network provide services in the areas for union members,
as well as existing patients in exchange for an annual management fee.
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. In addition, Union Dental Corp. acquired the assets of an
existing dental practice (excluding the patient list) and successfully
integrated those assets into its existing practice which has been
servicing patients for17 years in Coral Springs, Florida. UDC and DDS
are wholly owned subsidiaries of Union Dental Holdings, Inc.
Website: www.uniondental.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.