Xcelerate Inc (XCRT)

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UDHI---EXPANDING!!!!
Union Dental to Acquire Dental Facility in Charlotte, NC
Union Dental Holdings, Inc. (OTCBB: UDHI) -- http://www.uniondentalcorp.com/ir -- announced today it has entered into a purchase agreement to acquire Jakubek Dental in Charlotte, NC. The target acquisition is a company strategy to buy dental practices in heavily populated union areas where UDHI has contracts with local and national labor unions to build a dental network. As a part of these labor contracts, the union will not endorse any other dental network. In the Charlotte area, UDHI has a national contract with (AFA-CWA) representing 21 airlines including US Air which has its headquarters in Charlotte. UDHI also has a contract with the CWA Telecoms (original AT&T and Bell South/new AT&T) in Charlotte and Gastonia, NC. The facility will incorporate all aspects of dentistry including Oral & Maxillofacial Surgery, Orthodontics, Endodontics, Periodontics, Pedodontics, Prosthodontics as well as General Dentistry.

Dr. Green, President and CEO of Union Dental, commented: "We have tremendous support from the labor unions and UDHI wants to capitalize on its 20 year relationship with these unions of providing quality dentistry to CWA members. I have personally met with the presidents of the local chapters of these unions and have their complete support in an effort to establish a premier dental facility to service the needs of these loyal union members. This new facility will be state-of-the-art in dental delivery with plenty of room for future expansion. The practice is currently profitable, low sale priced, and the addition of this new business clientele will make success a virtual certainty. I plan on interviewing doctors for associate positions next month as well as supportive staff."

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) who represent United, US Airways, Northwest, America West, Alaska Airlines, PSA, Mesa, Air Wisconsin, Aloha, ATA, Spirit, Air Tran, AWA, American Eagle, Midwest Airlines, Miami Air, Piedmont, Horizon & Hawaiian. 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.uniondentalcorp.com/ir or www.afadental.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.

Contact Information:
Dr. George D. Green
President
Email Contact





Source: Marketwire (November 19, 2007 - 7:15 AM EST)

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