SOURCE: Union Dental Holdings, Inc.

Union Dental Holdings, Inc.

August 14, 2012 07:44 ET

Union Dental Reports Record Profits for 6 Months

CORAL SPRINGS, FL--(Marketwire - Aug 14, 2012) - Union Dental Holdings, Inc. (PINKSHEETS: UDHI) -- http://www.uniondental.com/ir -- a Company that operates and manages a network of dentists throughout the United States for union members, announced the financial results for the six months ending June 30, 2012. In the Consolidated Statement of Earnings the Company reported income from operations of $307,679 on revenues of $2,374,542 as compared to a loss of $9,890 on revenues of $2,028,346 for the same period in 2011.

Dr George Green, President and CEO, stated: "We are extremely pleased with our continued income and revenue growth and are happy to report that we are well ahead of last year's record setting pace. With patents pending and production beginning for the exciting new products we've developed with Drinkable Air which may well revolutionize bacteria control for the entire dental industry, along with the strong growth we continue to achieve in our nationwide dental network and our core business here in Coral Springs. With guarded optimism we believe we have laid the foundation for an incredible future. We look forward to sharing our prosperity with our new equity partners at Energy Edge and our entire shareholder base, who have displayed great patience and loyalty over the last seven years."

Union Dental recently announced a Joint Venture Agreement with Drinkable Air and the filing of patents to develop ozone based bacteria killing products for the dental industry. Last month Energy Edge Technologies Corp (PINKSHEETS: EEDG) informed UDHI that EEDG had entered into an agreement to purchase all of Dutchess Private Equities Fund's shares and warrants in Union Dental making them a major shareholder in UDHI.

About Union Dental Holdings, Inc.

Union Dental Holdings manages a 22 operatory full service dental practice in Coral Springs, Florida. It is the exclusive supplier of Drinkable Air's patented ozone atmospheric water generators for the US dental industry and is a leading innovator for bringing bacteria free water into the dental operatory settings. Union Dental operates two wholly owned subsidiaries, Direct Dental Services and Union Dental Corp. 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.

About Drinkable-Air, Inc.

Drinkable Air, Inc. (a Florida corporation) ("DA" or "The Company") offers to the U.S. and international markets atmospheric water generators ("AWG") which will enable people to enjoy pure, 99.9% clean water. The water supply is obtained from the humidity in the air and condensed, processed and purified through a patented process. Drinkable Air's Chameleon line of AWGs is a cost-effective and environmentally friendly solution to the world's ever-growing need for pure, clean drinking water. The Chameleon line consists of twelve models which are described in detail in the business plan. For the first 3 years, the Company will focus on selling six models, i.e. Chameleon 8, 60, AC-60, 600, AC-600 and 1200. The Company's new home/office model is revolutionary in design and unlike other machines currently in the market. Superior air flow design combined with a larger surface area at the evaporator coil; produce more water than any other AWG of comparable size. The Company's proprietary EnviroGuard System, the foundation for this new product, eliminates bacteria and purifies the water with an ozone process which oxygenates the water. This process keeps the water pure, fresh and great tasting at all times.

About Energy Edge Technologies Corporation

Energy Edge Technologies (PINKSHEETS: EEDG) is a public holding company that currently owns and manages two subsidiaries and a partnership. The Company recently completed a stock purchase agreement with Dutchess Private Equity Fund to acquire Dutchess' entire position in Union Dental Holdings.

"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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