SOURCE: Union Dental Holdings, Inc.

November 15, 2006 08:30 ET

Union Dental Holdings Announces 21% Increase in Revenues for the 3 Months Ended September 30, 2006

CORAL SPRINGS, FL -- (MARKET WIRE) -- November 15, 2006 -- Union Dental Holdings, Inc. (OTCBB: UDHI), a Company that operates and manages a network of Dentists throughout the United States who provide services to union members in exchange for an annual management fee, announced today with the filing of their 10-QSB to the Securities & Exchange Commission an increase in revenues for both the 3-months and 9-months ended Sept. 30, 2006.

For the three months ended September 30, 2006, the Company generated revenues of $506,950 compared to $416,617 for the three months ended September 30, 2005, an increase of $90,333 or 21.7%. For the nine months ended September 30, 2006, the Company generated revenues of $1,595,293 compared to $1,541,178 for the nine months ended September 30, 2005, an increase of $54,115 or 3.5%. In the Consolidated Statement of earnings for the three months and nine months ended September 30, 2006, the Company reported a loss from operations of $ 327,074 and $589,808 respectively.

Dr. George D. Green, President and CEO of Union Dental, stated, "I am very pleased with the revenue growth experienced in both our third quarter and the 9 months ended Sept. 30th, 2006. This increase in revenues is attributable to both increased revenues which we generated from the dental practice and an increase in the number of participating dental service providers as we continue to expand our network of local, regional and national agreements with unions to provide discounted dental services to their members."

Hear Dr. Green's interview about the Company at

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) Dental Networks. 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:

"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