Thursday, November 04, 2010 7:47:50 AM
CORAL SPRINGS, Fla., Nov. 4, 2010 (GLOBE NEWSWIRE) -- Union Dental Holdings, Inc. (Pink Sheets: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 nine months ending 9/30/2010 of approximately $2,700,000 or a six percent increase over the same time period in 2009. The Company anticipates revenues of $1,000,000 for the quarter ending 9/30/2010.
Dr. George D. Green, President and CEO, stated: "Although the accounting for the quarter ending 9/30/2010 has just started, the preliminary results indicate a growth over the same time period last year. We are extremely pleased that during a worldwide economic downturn we again have grown our business."
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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