ARCADIA RES INC (AMEX:ACDI)
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Arcadia Resources Expands In-Home Health Care Business in
Southwest Florida
--Acquires Fort Myers Operations of Alternative Home Health Care--
SOUTHFIELD, Mich., July 19 /PRNewswire-FirstCall/ -- Arcadia Resources, Inc.,
(OTC:ACDI) (BULLETIN BOARD: ACDI) , a leading provider of home care and
staffing services, mail order pharmacy and durable medical equipment ("DME"),
announced today that it has acquired the Fort Myers, Florida operations of
Alternative Home Health Care of Lee County, Inc., a home care agency that
provides licensed nurses, certified home health care aides and support services
throughout Florida's lower Western Gulf Coast region. Alternative Home Health
Care will retain ownership and operations of its office located in Fort
Lauderdale, Florida.
Upon full integration of the acquisition, Arcadia Resources plans to operate
Alternative Home Health Care under the brand name Arcadia Health Care, as a
wholly owned Arcadia company. In addition to supplying in-home health care to
patients, Arcadia plans to offer durable medical equipment (DME) including
respiratory/oxygen services. Tom White, Regional Manager of Arcadia's recently
acquired United Health Care Services located Ft. Myers and Port Charlotte,
Florida, will also manage Alternative Home Health Care.
George Cann, President and Owner of Alternative Home Health Care, stated, "We
are impressed with the quality of Arcadia Resources services. We entrust their
experienced leadership team to expand our operations for the benefit of our
customers."
Larry Kuhnert, President of Arcadia Resources, stated, "The acquisition of
Alternative Home Health Care exemplifies our vision to create a combination
store focused on servicing the diverse needs of the in-home patient from a
single location. This business model can provide patients with greater
accessibility to a broad range of services, from in-home caregivers to future
durable medical equipment, while supporting consumer confidence through the
well-recognized Arcadia brand name. We believe this one-stop approach to in-
home health care provides Arcadia with the opportunity to solidify long-term
customer relationships throughout Southwest Florida."
About Arcadia Resources, Inc.
Arcadia Resources, Inc., helps organizations operate more effectively and with
greater flexibility, and enables individuals to manage illness and injury in
the comfort of their own homes. Headquartered in Southfield, Michigan, the
company's core businesses are comprehensive home care services, medical and
non-medical staffing, mail order pharmacy and medical equipment. For more
information about Arcadia, please visit the company's Web site at
http://www.arcadiaresourcesinc.com/ . Investors should visit
http://nfnonline.com/acdi/ .
For more information, contact: Geoffrey Eiten, National Financial Network,
781-444-6100x613, . See also http://www.nfnonline.com/acdi .
Safe Harbor under the Private Securities Litigation Reform Act of 1995: The
statements which are not historical facts contained in this press release are
forward-looking statements that involve certain risks and uncertainties
including but not limited to risks associated with the uncertainty of future
financial results, regulatory approval processes, the impact of competitive
products or pricing, technological changes, the effect of economic conditions,
our ability to effectively integrate the acquired business and successfully
utilize our national network, and other uncertainties as may be detailed in the
Company's filings with the Securities and Exchange Commission. Any
forward-looking statements contained in this news release speak only as of the
date hereof. The Company does not undertake and disclaims any obligation to
update or alter its forward-looking statements.
DATASOURCE: Arcadia Resources, Inc.
CONTACT: Geoffrey Eiten of National Financial Network, +1-781-444-6100,
ext. 613,
Web site: http://www.arcadiaresourcesinc.com/
http://nfnonline.com/acdi