Union Dental Holdings to Be Featured Speaker at the North Carolina President's Counsel
June 15 2005 - 9:18AM
Business Wire
Union Dental Holdings, Inc. (OTCBB:UDHI) announced today Dr. George
Green, President and CEO of UDHI will be the featured speaker at
the Communications Workers of America (CWA) North Carolina
President's meeting on Friday, June 17 at the Wingate Inn in
Concorde NC. All of the president's from all CWA locals in the
state will be in attendance. Dr. Green will be speaking about the
benefits offered to CWA members by the UDHI Dental Network
currently being established in North Carolina. North Carolina was
one of the first states after Florida to establish a UDHI dental
network in 1987. The Communication Workers of America's State
Representative Wallace Weaver has personally invited Dr. Green to
speak to the North Carolina Presidents at their next quarterly
meeting. To be addressed is North Carolina's participation with
UDHI in a further statewide expanded dental network to service the
union members within the state. 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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