SOURCE: Wall Street News Alert

June 02, 2005 08:32 ET

Wall Street News Alert: ACDI Enters Indiana Market and Expands Into Metro Chicago With Acquisition of Health-Link, LLC!

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- June 2, 2005 -- Wall Street News Alert's "stocks to watch" this morning are: Arcadia Resources Inc. (OTC BB: ACDI), Sun Microsystems, (NASDAQ: SUNW), Lucent Technologies (NYSE: LU) and eBay (NASDAQ: EBAY).

Arcadia Resources Inc. (OTC BB: ACDI) may have the attention of investors and day traders this morning! Yesterday after the stock markets closed, the company, a leading provider of home care and staffing services, mail order pharmacy and durable medical equipment ("DME"), issued a press release announcing that it has acquired 100% of the assets of Health-Link, LLC.

This could be great news for investors! Since mid-2004, Arcadia has successfully acquired multiple staffing, home health care and DME businesses in Alabama, Colorado, Florida, Georgia, Illinois, Indiana, Massachusetts and North Carolina.

John E. Elliott II, Chairman and CEO of Arcadia Resources, stated, "We continue to be focused on solidifying Arcadia's position as a leading provider of home healthcare products and services. As our aggressive merger and acquisition strategy accelerates throughout 2005, we have retained UBS Investment Bank, one of the world's leading investment banking and securities firms, to act as our financial advisor. UBS will assist us to identify new opportunities of growth as well as facilitate additional M&A opportunities. We are targeting synergistic companies with established operations, clients and revenues in 2005."

Investors should continue to monitor the prospects of Arcadia Resources for further developments! Larry Kuhnert, President of Arcadia Resources, stated, "We have known Mr. Sabbagh since 2000 as one of our highly successful sales affiliates operating Arcadia home care services in Michigan and Indiana. As the principal of Health-Link, Abraham brings a cross section of marketing expertise on both the home care services and DME (durable medical equipment) side of our business. His experience is a tremendous asset to us as we create a new sales presence in the state of Indiana as well as significantly expand our existing market coverage in greater Chicago. This acquisition supports our overall strategy to expand sales nationwide across multiple revenue streams, including mail order, home health care products and services."

Investors continue watch this company!

For more in-depth coverage of Arcadia Resources, visit

Prior to the news release, the stock closed at $2.18 a share.

In case you are not familiar with the company: Arcadia Resources, Inc., helps organizations operate more effectively and with greater flexibility, and enables individuals to manage illness and injury in the comfort of their own homes. Headquartered in Southfield, Michigan, the company's core businesses are comprehensive home care services, medical and non-medical staffing, mail-order pharmacy and durable medical equipment. Visit the company's Web site at More investor information can be found at

Health-Link is a durable medical equipment supplier focused on respiratory disease management with operations in Northwest Indiana and Metropolitan Chicago, Illinois.

Stocks showing interesting activity yesterday at the close of the regular trading day were: Sun Microsystems, Inc. (NASDAQ: SUNW) up 2.3% on 30.6 million shares traded, Lucent Technologies (NYSE: LU) even on 23 million shares traded and eBay (NASDAQ: EBAY) up 2.9% on 24.7 million shares traded.


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