SOURCE: Bederra Corporation

Bederra Corporation

April 07, 2010 09:30 ET

Bederra Corporation Initiates Stock Buyback and Announces Negotiations for Joint Venture Agreement

HOUSTON, TX--(Marketwire - April 7, 2010) -  Bederra Corporation (PINKSHEETS: BEDA) management reports that it has begun repurchasing shares of the company's common stock from the open market in its previously announced buyback program. As previously stated, management reiterated that the board of directors has approved the repurchase of up to fifty percent of the shares in the outstanding public float. This reflects management's commitment to drive shareholder value and appreciation in the company's current price per share to allow the company to more effectively complete merger and acquisition activities. Management stated that it would periodically release news updates with regard to the buyback, as well as shares purchased relative to the changing "Squeeze Trigger" price per share determined periodically by

Also, the company announced that it has entered negotiations to re-enter the outpatient medical clinic market through a joint venture with an existing clinic. This clinic is located near the former Reliant Medical Clinic. Management believes that recently announced changes effected by the newly passed health care bill will prove advantageous to the company through future acquisitions or joint ventures with diversified clinics strategically located in target areas. The recent acquisition of Texas Mobile Health further enables Bederra to provide a wide range of services to any clinic that it owns, or with whom it forms a joint venture, in addition to clinics that may be served on a per client basis by TMH. The negotiations are ongoing and management stated that it would announce any letter of intent or definitive agreements executed in the near future.

About Bederra Corp.

Bederra Corporation provides multiple modality diagnostic medical imaging services to the greater Houston area and the world famous Texas Medical Center. The Company's business strategy is to continue to expand its current operations and seek out additional acquisitions that will complement its core offerings.

Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from new products and services in development, including any planned acquisitions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements might not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.

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