Crdentia Selected by Major Staffing Vendor to Provide Healthcare Staffing Services
September 27 2006 - 2:20PM
PR Newswire (US)
DALLAS, Sept. 27 /PRNewswire-FirstCall/ -- Crdentia Corp.
(OTC:CRDT) (BULLETIN BOARD: CRDT) , a leading U.S. provider of
healthcare staffing services, today announced that it has been
awarded a contract by a major third party staffing vendor to supply
healthcare staffing services to a large integrated healthcare
system in the southwest region. Under terms of the agreement,
Crdentia will be drawing on its expansive database of healthcare
professionals to provide nursing and allied travel staffing
services to a major healthcare system operating primarily in the
Las Vegas metropolitan area. Crdentia estimates the annual volume
of purchases for outsourced staffing services from this contract
will be approximately $3.0 million. Jim Durham, Crdentia's Chairman
and CEO, commented, "I am pleased that Crdentia has been awarded
this contract with a large third party staffing vendor to help
several Las Vegas-area healthcare facilities meet their staffing
service requirements. Our multidimensional approach to temporary
staffing, which includes per diem staffing, travel nursing, and
allied healthcare professionals, differentiates us from other major
providers and was a key factor in Crdentia being selected.
Moreover, Crdentia has also worked with this vendor for several
years. This new contract is a testament to our excellent past
performance and their confidence in our ability to continue to
provide high-quality temporary staffing services." About Crdentia
Corp. Crdentia Corp. is one of the nation's leading providers of
healthcare staffing services. Crdentia seeks to capitalize on an
opportunity that currently exists in the healthcare industry by
targeting the critical nursing and allied shortage issue. There are
many small, private companies that are addressing the rapidly
expanding needs of the healthcare industry. Unfortunately, due to
their relatively small capitalization, they are unable to maximize
their potential, obtain outside capital or expand. By consolidating
well-run small private companies into a larger public entity,
Crdentia intends to facilitate access to capital, the acquisition
of technology, providing greater diversity of client services and
expanded distribution that, in turn, drive internal growth. 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-KSB, Forms
10-QSB, 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. AT THE COMPANY: AT
FINANCIAL RELATIONS BOARD: James D. Durham Lasse Glassen Chairman
and CEO 310-854-8313 972-850-0780 DATASOURCE: Crdentia Corp.
CONTACT: James D. Durham, Chairman and CEO of Crdentia Corp.,
+1-972-850-0780; or Lasse Glassen of Financial Relations Board,
+1-310-854-8313, , for Crdentia Corp. Web site:
http://www.crdentia.com/
Copyright