SOURCE: Union Dental Holdings, Inc.

January 29, 2008 07:15 ET

Union Dental Anticipates Year End 2007 Revenues to Increase 13%

CORAL SPRINGS, FL--(Marketwire - January 29, 2008) - Union Dental Holdings, Inc. (OTCBB: UDHI) -- http://www.uniondental.com/ir -- a Company that operates and manages a network of dentists throughout the United States for union members announced today it anticipates revenues for the year ending 12/31/2007 of approximately $2.5 million or a thirteen percent increase over the same time period in 2006.

Dr. George D. Green, President and CEO, stated, "Although the audit for the year ending 12/31/2007 has just begun, the preliminary results indicate a growth over the same time period last year."

Dr. Green further stated, "Union Dental's most recent announcement regarding purchasing a building and acquiring a dental office in Charlotte, NC for the benefit of union members in that area will be a contributing factor in next year's revenue growth when the acquisition is completed. UDHI is still in the due diligence phase of this potential acquisition. Union Dental has an exclusive contract with two telecom unions in the Charlotte area and also with The Association of Flight Attendants of which Charlotte is the hub for US Air."

AFA represents the flight attendants of such airlines as United, US Airways, Northwest, Aloha, Air Wisconsin, Air Tran, America West, American Eagle, Atlantic Southeast, ATA, Piedmont, Miami Air, Alaska, PSA, Mesa, Mesaba, Midwest, Spirit, Horizon & Hawaiian.

The benefit to Union Dental from representing more than one labor organization in a given area is also beneficial to the unions with which UDHI has contracts. Where a particular organization may have scarce membership numbers in certain (usually rural) areas of the US, these numbers can be bolstered by Union Dental representing more than one labor organization and combining the membership numbers into a level that becomes financially viable for a dental offices' participation on a provider level with UDHI.

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.

WEBSITE: www.uniondental.com/ir

"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