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Tuesday, July 29, 2008 7:52:29 AM
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 anticipates revenues for the quarter ending 6/30/2008 of approximately $625,000 which is an increase of 12 % over the adjusted revenues ($525,284) for same time period in 2007. In 6/30/2007 UDHI reported $556,739 in revenues plus a one-time income for the quarter in the amount of $190,000 which created total revenues of $746,739.
Dr. George D. Green, President and CEO, stated: "Although the accounting for the quarter ending 6/30/2008 has just begun, the preliminary results indicate a growth over the same time period last year and we are very pleased with those numbers."
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
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