Xcelerate Inc (XCRT)

[RUPHERT]

NEWS! Just when I ret to get in cheaper

Union Dental Provides Shareholder Update on Acquisitions
Union Dental Holdings, Inc. (OTCBB: UDHI) (http://www.uniondental.com/ir), a national provider of a suite of dental services to union members and dentists, has released this update in an effort to provide its shareholders with greater understanding of its business plan and its corporate strategy over the coming year.

Union Dental consists of two primary businesses:


1. The Union Dental Network (the "Dental Network"). The Dental Network
was an idea conceived by our CEO more than 20 years ago. The idea
was simple: to provide union members with excellent dental care by
networking large numbers of dentists in various locations all over
the country. In order to execute on this idea, Union Dental would
need to convince both unions and dentists to participate. Twenty
years later, Union Dental has attracted the likes of the
Communications Workers of America (CWA), the International
Brotherhood of Electrical Workers (IBEW) the United Association of
Plumbers and Pipe Fitters (UA) and The Association of Flight
Attendants -- Communications Workers of America (AFA-CWA). These
groups comprise some of the largest unions in America. In terms of
membership, our unions under contract number 120 of the 1,200
local CWA labor unions. The 120 local labor unions and their
120,000 members, together with their families, have dental services
purchasing power in excess of $192,000,000 per year. CWA alone has
approximately 3,200,000 insured offering much room for expansion.

As a result of the purchasing power of our union worker customers,
we have been able to build networks of dentists all over America.
Today, there are a total of 1,700 dental providers that participate
in our Dental Network. Each dentist pays an annual fee of up to
$5,000 in order to control "areas of exclusivity" for a particular
group of union worker customers.

Union Dental believes that going forward, the Dental Network will
be successful and grow as long as it can execute on a four-prong
strategy.

-- First and foremost, Union Dental has recently signed a Letter of
Intent to acquire Bellflower Dental in California for $5.0
Million. As of December 31, 2006, this practice had revenues
of $10,234,000 with an adjusted EBITDA of $521,000. The
practice has 60 dental chairs, two labs for making prosthetics
and crowns & bridges. Its specialists perform all aspects of
dentistry including Endodontics, Orthodontics, Oral Surgery,
Pedodontics, TMJ and Periodontics. It has a 42 seat movie
theater, a baby sitting facility, a masseuse and entertainers to
occupy idle time for patients. Union Dental has identified
dental practices for sale in Tennessee, North Carolina and South
Carolina and intends to acquire additional practices in heavily
populated union areas, such as those mentioned.

-- Union Dental will continue to cherish its relationships with the
unions in America and build additional relationships with local,
regional and national unions.

-- The purchasing power of the Dental Network's union member
customers will make it easier for Union Dental to execute on the
second prong of the strategy - to bring on additional dentists.
Over the course of the next 12 to 24 months, the Company hopes
to add approximately 2,000 new dentists to the Dental Network.

-- The last part of the strategy is to cross sell our dentists and
provide them with access to additional union worker customers
by buying additional "areas of exclusivity." This is to say
that when we already have an established network in a locale,
and we add a new union for that same locale, approximately 90%
percent of the existing dentists pay an additional fee to gain
access to the new union worker customer base. The ability to
attract new dentists to the Dental Network with relatively
minimal marketing costs is very powerful.

2. Payment and Claims Adjudication Network ("PCAN"). Union Dental has,
over the past several months, created a strategic alliance with
Transax International. Our idea was to create a system where we
would be able to go on-line and: (1) verify the benefits of the
union member (2) submit the claim; (3) get immediate real time
adjudication; and (4) actually have a financial system in place
to get the doctor a payment in 24-36 hours. All of this would be
done on-line and in a real-time format. We believe that many
doctors would pay a respectable fee to receive their money in 24
to 36 hours. Currently there is no company in the USA who can
complete all four phases in a real-time on-line format.

This isn't traditional Account Receivable Financing (ARF). In
ARF there are many charge backs, insurance company squabbles over
procedures and costs from 12-18% for the services. In our PCAN
concept, we have no charge backs because the claims have been
adjudicated in real time; therefore, the doctor is guaranteed money
from the insurance company. We place the financial institution in
between at a cost of about 3-5% for the service to pay them in
24-36 hours. Everyone is happy and there are no charge backs.

In term of the business opportunity, there are more than 200,000
dentists in the USA. We believe that over time we will be able to
penetrate at least 5% of the overall number of dentists. If we
are successful, this business, which complements our Dental
Network, may be an even larger profit center than the Dental
Network.


About Union Dental Holdings, Inc., Direct Dental Services, Inc. and Union Dental Corp.

Direct Dental Services and Union Dental Corp. are wholly owned subsidiaries. Direct Dental Services provides dentists with "areas of exclusivity" to participate with various unions including the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW), United Association of Plumbers and Pipe Fitters (UA) and The Association of Flight Attendants -- Communications Workers of America (AFA-CWA). Direct Dental Services 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. Union Dental manages a dental practice in Coral Springs, Florida.

WEBSITE: www.uniondental.com/ir

"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.

CONTACT INFORMATION:
Dr. George D. Green
President
Email Contact





Source: Market Wire (July 25, 2007 - 6:15 AM EST)

News by QuoteMedia
www.quotemedia.com