SOURCE: Union Dental Holdings, Inc.

March 23, 2007 07:15 ET

Union Dental Holdings Increases Provider Base

True Investments, Inc. Considers Long-Term Relationship

CORAL SPRINGS, FL -- (MARKET WIRE) -- March 23, 2007 -- Union Dental Holdings, Inc. (OTCBB: UDHI) -- www.uniondental.com/ir -- Since signing to one of the largest labor unions for dental services the marketability of UDHI becomes very attractive to outside investors. Ty Olstad, Owner/CEO of True Investments, is considering strengthening its relationship with Union Dental Holdings by taking a strong position in UDHI. This week both company owners will be engaging in agreement for an alliance.

Dr. George D. Green, President and CEO of UDHI, commented: "This meeting is a start to a great relationship which allows for substantial increases in the company's asset base. Union Dental Holdings has already surpassed the company's expectations with increasing the provider base to over 1,600. This relationship will only secure and stabilize the significant growth UDHI is already experiencing."

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

  • CONTACT INFORMATION:

    Dr. George D. Green
    President
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    Therese Pershall
    (701) 297-7663
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