ERUG September Update ... press release
MIAMI, FL, Sep 22, 2006 (MARKET WIRE via COMTEX) -- ER Urgent Care Centers (PINKSHEETS: ERUG). We are pleased to announce that both the audited financials for 2005 and the Q's for the first quarter of 2006 will finally be released next week. I know you have all been very patient. In the future all filings will be done in a timely manner. The firm of Mark Liebman CPA has been retained and will be responsible for the task. The first quarter of this year has seen tremendous growth from 2005. Earnings and receivables for the first quarter of 2005 were $186,000.00 compared to this year's first quarter being $526,000.00. expansion projects are moving forward; below I will outline each project.
-- Fort Myers, Fl. -- closing is set for October 1st an existing
urgentcare center with a prime location seeing over 30 patients per day.
-- Deland, Fl. -- closing set for October 1st a family practice with over
4,000 active patients.
-- Las Vegas -- Multi practice purchase currently in negotiations, 6
locations and a 19-year history in healthcare.
Letters of intent are soon to arrive on numerous practices of significant size. These practices will have a major impact on our bottom line. More contracts with major health insurance carriers will soon be announced. The impact that this company has had on the healthcare industry is unheard of. 2006, as was promised has been a tremendous year for ER Urgent Care. We appreciate the continued support of our shareholders and we urge you to look forward to the future for greater earnings and steady growth. And remember our doors are always open; we welcome you to stop by for a visit.
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