Crdentia Announces Successful Completion of Medical People Healthcare Services, Inc. Acquisition

Name	Symbol	Market	Type
Simplify Opportunistic Income ETF	AMEX:CRDT	AMEX	Exchange Traded Fund

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	0.045	0.18%	24.825	24.87	24.75	24.75	1,821	18:00:10

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DALLAS, Nov. 15 /PRNewswire-FirstCall/ -- Crdentia Corp. (OTC:CRDT) (BULLETIN BOARD: CRDT) , a leading healthcare staffing company, announced today that it has successfully completed the acquisition of Medical People Healthcare Services (MPHS), Inc., a leading provider of temporary nursing and allied health staff to nursing homes, hospitals and other healthcare facilities in the Alabama market. Approximately 65% of MPHS's revenues are from healthcare staffing in the nursing home segment, with the remaining revenues from services to local hospitals and other healthcare facilities. Terms of the acquisition have been previously disclosed. The acquisition is expected to be immediately accretive to Crdentia. John Kaiser, CEO of Crdentia said, "I am very pleased that we have completed the acquisition of the assets of Medical People Healthcare Services, Inc. and I look forward to working with the entire staff of MPHS and to continue to see consistent growth for our combined Company as we layer in services in all segments of the healthcare staffing market. Integration of the acquisition has now begun in earnest." Mr. Kaiser continued, "Alabama is a key market in solidifying our growing presence in the Sun Belt markets, and the completion of the acquisition of MPHS, along with the recent addition of eight other offices in Georgia, North Carolina and throughout Florida, firmly entrenches Crdentia in this important market. Furthermore, this expansion allows Crdentia to continue to leverage its corporate infrastructure leading to more profitable overall operations." About Crdentia Corp. Crdentia Corp., one of the nation's leading providers of healthcare staffing solutions, is focused on recruiting talented national and international healthcare professionals to meet the ever-increasing employment needs of over 1,500 clients. Crdentia is one of the few companies that can provide quality temporary staff for all healthcare industry positions including local nurses, travel nurses, allied health and locum tenens professionals. 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-K, Forms 10-Q, 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. Contact Crdentia Corp. John Kaiser, CEO Phone: 972.850.0780 Fax: 972.392.2722 Jim TerBeest, CFO Phone: 972.850.0780 Fax: 972.392.2722 DATASOURCE: Crdentia Corp. CONTACT: John Kaiser, CEO, +1-972-850-0780, fax, +1-972-392-2722, , or Jim TerBeest, CFO, +1-972-850-0780, fax, +1-972-392-2722, , both of Crdentia Corp. Web site: http://www.crdentia.com/

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