Union Dental Holdings Featured at CWA - NCNC Regional Meeting
June 07 2005 - 9:41AM
Business Wire
Union Dental Holdings, Inc. (OTCBB:UDHI) announced today it was the
featured speaker at the Communication Workers of America quarterly
regional meeting for the North California / Nevada presidential
council on June 1st in Oakland, CA. All presidents from Northern
California and Nevada were in attendance including the areas of
Sacramento, San Francisco, Oakland, San Jose, as well as other
neighboring smaller cities. Their featured speaker was Dr. George
Green of UDHI. Dr. Green stated to the assembly: "I am extremely
excited to announce that the update of our network of dentists for
California is now complete. A new list of doctors has been
assembled and the number of participating dentists has been
increased." The union membership has been availing themselves to
this dental network as evidenced by the number of hits monthly on
our website attributable to California CWA members looking for
dental services and providers. Dr. Green asked the local presidents
to facilitate the distribution of the new marketing material by
giving the updated member data to the California representative,
former 40 year CWA president and former national assembly chairman,
Brother Bob Smith. Mr. Smith is a member of the UDHI Board of
Directors. The Presidents resoundingly agreed that this program was
a good program for their memberships and that they would all
facilitate distribution of the new provider list to their
membership. Distribution of these marketing materials occurs
through printed brochures mailed to union members and placed in the
worksites in poster boards provided by UDHI as well as maintenance
and update of an internet site at http://www.uniondental.com. About
Union Dental Holdings, Inc., Direct Dental Services, Inc. and Union
Dental Corp. - Direct Dental Services and Union Dental Corp.
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 manages the 17 year profitable dental practice.
UDC and DDS are wholly owned subsidiaries of Union Dental Holdings,
Inc. Website: http://www.uniondental.com For Investor Relations
information, please call: 1-800-288-7499 or e-mail:
info@dpmartin.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.
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