Union Dental Holdings, Inc. (OTC Bulletin Board: UDHI), the leading provider of network-based dental services for union members, announced today that it has started building dental networks by signing Management Services Agreements with dentists in Durham, Henderson, Kannapolis and Matthews, N.C. These agreements are for dentists to accommodate the dental needs for Communications Workers of America (CWA) members who belong to Local CWA chapters in Raleigh and Charlotte. George D. Green, president and CEO of Union Dental, said, "We are aiming to add 12 dentists in this region. We continue to market to this area and will expand the dental network by adding more dentists as we sign on additional CWA chapters." Each union member has $1,500 worth of dental coverage and that coverage will be provided by member services of the UDHI dental network. Nationwide, CWA has more than 750,000 members and approximately 3.2 million insured. There are approximately 12,000 insured in North Carolina. About Union Dental Union Dental provides a unique way for unions to provide dental care to its members. The company is currently serving the Communications Workers of America (CWA) and International Brotherhood of Electrical Workers (IBEW). Union Dental receives annual management fees from dentists who agree to practice in areas of exclusivity where CWA and IBEW members use the dentists' services. CWA and IBEW local unions agree to provide a dental network using the members' existing insurance policies. Dentists in the dental network provide services for union members as well as existing patients. 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. Union Dental also owns and operates a 17-year-old profitable dental practice. For more information, visit http://www.uniondental.com. An investment profile about Union Dental Holdings, Inc. may be found at http://www.hawkassociates.com/uniondental/profile.htm. An online investor relations kit containing Union Dental press releases, SEC filings, current Level II price quotes, interactive Java stock charts and other useful information for investors can be found at http://www.hawkassociates.com and http://www.americanmicrocaps.com. Investors may contact Frank Hawkins or Julie Marshall, Hawk Associates, at (305) 451-1888, e-mail: info@hawkassociates.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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