SOURCE: Ridgecrest Healthcare Group, Inc.

December 06, 2006 16:39 ET

Record Month for Ridgecrest Subsidiary

EL SEGUNDO, CA -- (MARKET WIRE) -- December 6, 2006 -- Medical Development Specialists, Inc., the wholly owned management services subsidiary of Ridgecrest Healthcare Group, Inc. (PINKSHEETS: RGHG), announced today record revenue and operating profit for October 2006 of $243,703 and $41,959, respectively, compared to $150,053 and a loss of $23,943 in October 2005.

Phil Dalton, CEO of Ridgecrest Healthcare Group, stated, "Management is obviously pleased with this improvement in results and looks forward to continuation of robust growth through the end of the year and into 2007. We are happy that our investment in personnel, business development and geographic expansion in 2006 continues to bear fruit."

Ridgecrest Healthcare Group, Inc. is a healthcare management services company that works with large healthcare providers, healthcare companies, government and related companies and organizations. Ridgecrest further seeks to acquire and operate healthcare management companies and leverage its relationships and strategic and financial expertise to enhance and grow these enterprises.

For more information on Ridgecrest Healthcare Group, Inc., please visit our website at:

Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this release that are "forward-looking statements" are based on current expectations and assumptions that are subject to known and unknown risks, uncertainties or other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual results could differ materially because of factors such as: the effect of general economic and market conditions, entry into markets with vigorous competition, market acceptance of new products and services, continued acceptance of existing products and services, technological shifts, and delays in product development and related product release schedules, any of which may cause revenues and income to fall short of anticipated levels.

All information in this release is as of the date of this release. The Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the Company's expectations.

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