SOURCE: Union Dental Holdings, Inc.

July 10, 2007 07:30 ET

Union Dental Anticipates Record Revenue Increase of 45% in 2nd Quarter 2007

CORAL SPRINGS, FL--(Marketwire - July 10, 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 has updated the anticipated revenues for the quarter ending 6/30/2007 to approximately $775,000, which is an increase of 45% over the same time period in 2006.

Dr. George D. Green, President and CEO, stated: "Although the accounting for the quarter ending 6/30/2007 has just begun, the indication shows a large growth over the same time period last year. We had a one-time income this quarter which created the record revenue. 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."

Union Dental recently signed a Letter of Intent to acquire a large dental practice in California with over $10.0 million in revenues. The practice has 60 dental chairs, two labs for making prosthetics and crowns & bridges. Its specialists perform all aspects of dentistry including Endodontics, Orthodontics, Oral Surgery, Pedodontics, TMJ and Periodontics. It has a 42-seat movie theater, a babysitting facility, a masseuse and entertainers to occupy idle time for patients.

Dr. Green further stated: "Union Dental most recently announced a Letter of Intent to acquire Bellflower Dental in California and we are excited that, after this acquisition occurs, our revenues will be much higher and increase progressively over the next few years."

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.

Contact Information