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Re: Penny Stock Trader post# 71

Thursday, 08/24/2006 11:10:02 AM

Thursday, August 24, 2006 11:10:02 AM

Post# of 223
They just came out with the PR today. Now what do you think. I'm thinking of jumping back in.

Intrepid Holdings' Healthy Access and Wal-Mart Stores, Inc. Announce Lease Agreement for In-Store Clinics

Thursday , August 24, 2006 08:00 ET

HOUSTON, Aug 24, 2006 (BUSINESS WIRE) -- Intrepid Holdings, Inc. (OTCBB:ITPD) announced today that Healthy Access, Intrepid's clinic operating company, has signed a lease agreement with Wal-Mart Stores, Inc. (NYSE:WMT) for space in Wal-Mart Supercenters in several markets. Healthy Access will build and operate medical clinics in select Wal-Mart stores beginning in the 3rd quarter of this year. Intrepid plans to open their initial clinics inside Wal-Mart Supercenters in Texas.

"We have completed our lease for clinic space with Wal-Mart and been approved to open our initial clinic locations. Individuals will soon be able to receive healthcare for episodic non-life-threatening conditions at our clinics inside select Wal-Mart locations," said Toney Means, President of Intrepid Healthcare Group. "We look forward to the successful opening of these Wal-Mart clinic locations and the expansion of this effort thereafter."

"Wal-Mart serves as a community hub for thousands of people who can benefit from more convenient, affordable access to quality healthcare," said Amee Chande, vice president of health care strategy and communications for Wal-Mart. "We are pleased to invite Healthy Access into our stores to meet the basic and preventive health needs of Wal-Mart customers."

About Intrepid Holdings

Intrepid Holdings is a leading provider of pharmacy, clinic, and related healthcare services to the urban marketplace. These services compliment Intrepid's "urban life care" focus and often are targeted to specific urban market populations. In addition, Intrepid leverages the key relationship between patients and their health providers.

About Wal-Mart Stores, Inc.

Wal-Mart Stores, Inc. operates Wal-Mart discount stores, supercenters, Neighborhood Markets and SAM'S CLUB locations in the United States. The company has operations in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Germany, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, South Korea and the United Kingdom. The company's securities are listed on the New York Stock Exchange and NYSE Arca, formerly the Pacific Stock Exchange, under the symbol WMT. More information about Wal-Mart can be found by visiting www.walmartfacts.com. Online merchandise sales are available at www.walmart.com.

This press release contains forward-looking statements, including the Company's plans to open clinics beginning in the 3rd quarter of this year, the type, quantity of clinics, and the various places where the Company plans to open these clinics, that are based upon management's belief and assumptions and information currently available to it. Although the Company believes these assumptions are reasonable, it can give no assurance that such assumptions will prove to be correct. Forward-looking statements are subject to certain risks, uncertainties and assumptions including, among others, changes in the mini-clinic market conditions, termination of any agreement with Wal-Mart, availability of funding, and future plans of the Company.

SOURCE: Intrepid Holdings, Inc.

Intrepid Holdings, Inc., Houston
Theodis "T" Ware, 713-278-1990
theodis.ware@intrepidholdings.com
www.intrepidholdings.com

Copyright Business Wire 2006

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08-04-2006 for WMT @ $45.07.

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