Union Dental Creates Technical Advisory Board to Be Headed up by Former CWA Local 3112 President Ed Ryan
January 11 2006 - 9:19AM
Business Wire
Union Dental Holdings, Inc. (OTCBB:UDHI) -
http://www.uniondental.com - a provider of multi-state dental
services for union members, is pleased to announce the company has
added Ed Ryan, former CWA President of Local 3112 to the Technical
Advisory Board of Directors. Mr. Ryan, a West Palm Beach resident
all of his life graduated from high school in 1966 and enlisted in
the Armed Forces serving a Tour of Duty in Korea and then in a
second Tour in Germany. Upon being honorably discharged from the
military in 1969 he went to work for BellSouth starting out as an
installer/repairman. After holding many positions with the company,
he became a job steward 1977-1979, elected to the Local Executive
Board 1979-1982, became Vice-President from 1982-1987 and became
President of CWA Local 3112 in 1987. He was elected five
consecutive terms until his retirement in 2003. Ed was also a
Registered Lobbyist in Washington, DC from 1987-2003. George D.
Green, president and CEO of Union Dental, said, "The creation of a
Technical Advisory Board and adding Ed Ryan to it is a very
significant step for UDHI toward creating an infrastructure to
enable us to create and service a nationwide dental network for CWA
which we intend to build. Union Dental has a long standing
relationship with CWA and Ed will solidify our presence at the
national level in Washington, DC as well as with all Florida CWA
local presidents." Ed Ryan will be speaking at the CWA Florida
President's meeting on January 13, 2006 emphasizing the importance
of union members using the benefits of Union Dental which in turn
strengthens solidarity among its members. Ed Ryan stated: "I am
proud to say I was one of the first Presidents to see the benefits
of the Union Dental program and signed with them in 1987. I have
used the dental network personally for almost 20 years and it is a
great benefit for all of our members. I am thrilled to have the
opportunity to talk to CWA Presidents about the program because I
use it and I believe in it. There is no better recommendation I can
give." Dr. Green further stated: "Ed Ryan was one of the first CWA
Local Presidents in Florida to see the value of the benefits
offered by Union Dental and signed an agreement with the Company in
1987. Members in his local utilized the UDHI benefits afforded them
and the savings more than paid for their annual CWA membership dues
in most cases." About Union Dental Holdings, Inc., Direct Dental
Services, Inc. and Union Dental Corp. Direct Dental Services and
Union Dental Corp. are wholly owned subsidiaries and 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 successfully integrated those assets into its
existing practice which has been servicing patients for 17 years in
Coral Springs, Florida. UDC and DDS are wholly owned subsidiaries
of Union Dental Holdings, Inc. Website: http://www.uniondental.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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