Dalrada Financial Corp (DFCO)

[XenaLives]

Another oldie but goodie....

nothingcreed

Re: None

Wednesday, September 10, 2008 11:31:26 AM

Post# 156 of 23015

News:

Dalrada to Provide Affordable Healthcare Products and Services

Sep 10, 2008 10:15:00 (ET)

SAN DIEGO, Sept 10, 2008 /PRNewswire-FirstCall via COMTEX/ -- Dalrada Financial Corporation: (Pink Sheets: DFCO) announced today that it has signed a Letter of Intent (LOI) to purchase certain assets, including a consumer database, from Leading Edge Benefits of Perth Amboy, New Jersey. The terms of the LOI will allow Dalrada to offer discounted healthcare and medical products and services to its existing portfolio of small and mid-size business customers. Leading Edge programs offer discounts from 10% up to 60% on healthcare services and products at over 350,000 providers nationwide. Some of the many providers include: The Galaxy Physician Visit/Hospital Network; Rite Aid Corporation; Longs Drugs; CVS Pharmacy; Walgreen Drug Stores; LensCrafters; Target Optical; and Sears Optical.

"The proposed transaction with Leading Edge clearly allows us to complement our existing suite of services that we provide to small and mid-size businesses and their employees. A health benefits offering is a natural addition to Dalrada's broad variety of employee programs that increase business efficiency," commented Brian Bonar, CEO of Dalrada Financial Corporation.

Aside from offering these healthcare benefits to its existing clients, Dalrada intends to use the Leading Edge platform to launch an increased healthcare program targeting the estimated 45 million individuals in the US who currently do not have any health insurance. Dalrada's new healthcare offering will enable these under-served consumers to achieve significant savings on every-day healthcare products and services.

About Dalrada Financial Corporation:

Dalrada Financial Corporation provides employer business solutions to small to medium size businesses. The company acts as a Marketing Liaison, supplying to its clients a broad variety of employee programs that increase business efficiency. These include employee benefits, risk management insurance (including workers compensation and business liability), financial management and the promotional and business management services. Information on Dalrada is available at: http://www.dalrada.com

Safe Harbor:

Statements in this press release may constitute forward-looking statements and are subject to numerous risks and uncertainties, including the failure to complete successfully the development of new or enhanced products, the Company's future capital needs, the lack of market demand for any new or enhanced products the Company may develop, any actions by the Company's partners that may be adverse to the Company, the success of competitive products, other economic factors affecting the Company and its markets, seasonal changes, and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. The actual results may differ materially from those contained in this press release. The Company disclaims any obligation to update any statements in this press release.

SOURCE Dalrada Financial Corporation

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=32064049&txt2find=Partner