SOURCE: Union Dental Holdings, Inc.

May 15, 2007 07:30 ET

Union Dental Reports Increase in 1st Quarter 2007 Revenues

CORAL SPRINGS, FL -- (MARKET WIRE) -- May 15, 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 with the filing of their 10-QSB to the Securities & Exchange Commission the financial results for the quarter ending March 31, 2007. In the Consolidated Statement of earnings the Company reported revenues of $632,637 as compared to $563,059, which is an increase of over 12% for the same time period in 2006.

The increase in revenues was primarily attributable to the Company's growing network of dental service providers who pay a fee to the Company for the opportunity to join Union Dentals' growing list of contracted unions. Most recently, the Company signed a national contract to build a nationwide dental network for the Association of Flight Attendants.

Dr. Green, President and CEO, commented: "I am pleased our revenues have once again increased for the quarter. A majority of our losses are related to the interest expense, increased IR consulting fees and a derivative issue for some of our financing."

The Company's Consolidated Statements of Operations as reported in their March 31, 2007 filing reflects a loss from operations for the quarter of $336,079. This compares to net loss of $168,065 during the comparable period in 2006.

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 in revenues. We have 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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