SOURCE: Union Dental Holdings, Inc.

Union Dental Holdings, Inc.

November 24, 2009 07:15 ET

Union Dental Reports a Record Profit for the 3rd Quarter

CORAL SPRINGS, FL--(Marketwire - November 24, 2009) - Union Dental Holdings, Inc. (PINKSHEETS: UDHI) -- -- announced revenues today for the 3rd Quarter with record profits for both the 3-months and 9-months ending Sept. 30, 2009. In the Consolidated Statement of earnings for the three months ended September 30, 2009, the Company reported a profit of $454,414 with revenues of $1,176,604 as compared to a loss of $18,950 with revenues of $519,200 for the same period 2008. For the nine months ended September 30, 2009, the Company generated profits of $365,681 on revenues $2,534,864 as compared to a profit of $162,545 on revenues of $1,969,238 for the same period in 2008.

Dr. Green, President and CEO of Union Dental, commented: "The profit for the quarter is mainly attributed to a reduction in overhead and a gain of increased patient base. This is the seventh quarter Union Dental has shown a profit and it is a desire to keep our stockholders happy with their investment which drives our daily efforts. We thank you all."

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.


"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.

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