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Union Dental Enters Into an Engagement With vFinance to Act as Agent in Capital Raise
Union Dental Holdings, Inc. (OTCBB: UDHI) -- http://www.uniondental.com/ir -- a Company that operates and manages a network of dentists throughout the United States for union members, announced today it has entered into an engagement with vFinance Investments, Inc. of Boca Raton, Florida, to act as exclusive agent on their behalf in raising capital required for the expansion of its Coral Springs facility, acquire a facility and practice in Charlotte, North Carolina, reduce certain debts and refinance the balance of its current debt.

Dr. George D. Green, President and CEO, stated: "We are extremely excited about this engagement because it places us in a position to go forward with our business plan and take us to the next phase of our business which is to become a Total Service Provider (TSP) for the CWA, AFA-CWA, IBEW and UA Plumbers and Pipe Fitters unions where we have exclusive contracts."

CWA represents the union employees of the telecoms while AFA-CWA represents the flight attendants of such airlines as United, US Airways, Northwest, Aloha, Air Wisconsin, Air Tran, America West, American Eagle, Atlantic Southeast, ATA, Piedmont, Miami Air, Alaska, PSA, Mesa, Mesaba, Midwest, Spirit, Horizon & Hawaiian.

The benefit to Union Dental from representing more than one labor organization in a given area is also beneficial to the unions with which UDHI has contracts. Where a particular organization may have scarce membership numbers in certain (usually rural) areas of the US, these numbers can be bolstered by Union Dental representing more than one labor organization and combining the membership numbers into a level that becomes financially viable for a dental offices' participation on a provider level with UDHI.

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.

About vFinance

vFinance Investments, Inc. has been assisting entrepreneurs for over five years. The investment banking division provides emerging, small and middle market companies with global capital raising services. Their senior executives have extensive entrepreneurial experience and a deeply ingrained philosophy of practicality, innovation and common sense. They combine personalized attention with Wall Street know-how and the clout of a major financial services firm. Their team specializes in the private placement of debt and equity, management consulting, and can represent your firm in mergers, acquisitions or divestitures.

vFinance further assists their private company clientele by leveraging the vast resources of their web technology. The global website audience of CEOs and wealthy investors, producing a stream of qualified investors, potential M&A candidates and strategic business partners.

"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

WEBSITE: www.uniondental.com/ir

Jonathan C. Rich
Executive Vice President - Investment Banking
Email Contact
[phone]

WEBSITE: www.vfinance.com





Source: Marketwire (February 12, 2008 - 7:15 AM EST)

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