SOURCE: Dental Patient Care America Inc.

June 14, 2007 09:57 ET

Dental Patient Care America Inc. Joins Knobias Media Services

SALT LAKE CITY, UT--(Marketwire - June 14, 2007) - Dental Patient Care America Inc. (OTCBB: DPAT) announced today that it has joined Knobias Inc.'s (OTCBB: KNBS) Media Services program.

About Dental Patient Care America:

Dental Patient Care America Inc. provides multiple services to independent dental practitioners. The company organizes dentists through a unique combination of acquiring practice assets and providing management services. The "Cooperative" model is used to network dental practices, allowing member dentists access to a variety of benefits which would remain unavailable to them individually. These benefits include profit sharing, health care, supply purchasing programs, laboratory services, practice financing and retirement programs.

The Cooperative model allows DPCA to offer group and individual dental insurance through its affiliation with Dentist Direct, LLC. (www.usdentistdirect.com)

Traditionally a cottage industry, the market for dental services is very large, fragmented, and growing. Approximately $68 billion was spent in the United States on dental services in 2006. Annual dental expenditures should reach well over $80 billion in the coming years. Drivers for growth in dental expenditures include the aging of the population; increasing attention to dental health, wellness, and cosmetic appearance among the general population; and the increasing percentage of the population covered by some form of dental insurance.

According to the American Dental Association, of the approximately 180,000 dentists practicing in the United States, 88% presently practice alone or with one other dentist. There are few publicly traded companies, such as Birner Dental Management Services and American Dental Partners Inc., who actively acquire dental practice assets and provide management services. All combined publicly traded companies who have entered into such purchase or management agreements represent less than 2% of the total active practices nationwide. There is significant growth potential in expanding purchase and management agreements to the balance of this sizable industry.

Dental Patient Care America, or "Dental Cooperative," is headquartered in Salt Lake City, Utah. Current membership consists of over 100 independent dentists and nearly 500 dental providers participating on the Dentist Direct Dental panel.

About Knobias Media Services

Media Services is a supplement to any investor relations or media outreach effort. Knobias provides Issuers with a Small Cap Clip Report Profile, Fundamental Data Report, News Monitoring Application, Knobias/EventX press distribution and editorial coverage. For more information, contact Knobias Sales at 601-978-3399, ext. 155 or sales@knobias.com.

FORWARD-LOOKING STATEMENTS:

Statements about the Company's future expectations, including future revenues, plans, estimates, projections and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. The Company's actual results could differ materially from expected results. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; the Company will appropriately inform the public.

Contact Information

  • Contacts:

    Dental Patient Care America Inc.
    Marlon Berrett
    President
    Andrew Eberhardt
    Vice-President
    801-990-3311