SOURCE: Union Dental Holdings, Inc.

May 01, 2007 07:30 ET

Union Dental Anticipates 1st Quarter 2007 Revenues to Increase

CORAL SPRINGS, FL -- (MARKET WIRE) -- May 1, 2007 -- Union Dental Holdings, Inc. (OTCBB: UDHI) -- -- a Company that operates and manages a network of dentists throughout the United States for union members, announced today it anticipates revenues for the quarter ending 3/31/2007 of approximately $630,000, which is an increase of 9% over the same time period in 2006.

Dr. George D. Green, President and CEO, stated: "Although the accounting for the quarter ending 3/31/2007 has just begun, the preliminary results indicate a growth over the same time period last year. We expect our sales to grow at a significantly positive rate in the coming year as we continue to expand our network of local, regional and national agreements with unions to provide discounted dental services to their members."

Dr. Green further stated: "Union Dental's most recent contract with the Association of Flight Attendants - Communications Workers of America (AFA-CWA) is one of the main reasons for this increase. We have just begun to offer participation amongst dental offices in our already established dental networks for the Telecom, Electrician, and Machinists Unions with the AFA at an additional fee. Almost all these offices have elected to participate at a very low cost to UDHI for procurement. Management feels that the more groups the offices participate with the higher renewal rates UDHI will be able to project yearly."

AFA-CWA represents the employees of 20 major airlines such as United, US Airways, Northwest, America West, Alaska Airlines, PSA, Mesa, Air Wisconsin, Aloha, ATA, Spirit, Air Tran, AWA, American Eagle, Midwest Airlines, Miami Air, Piedmont, Horizon & Hawaiian.

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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