Company projects more than 10,000 new members during January 2010 and between 40,000 and 50,000 new members during the first quarter of 2010 as sales to new members grow 80% sequentially between November and December 2009.
National Health Partners, Inc. (OTCBB: NHPR), a leading provider of unique discount healthcare membership programs, announced today that it expects to generate more than 10,000 new members during January 2010 due to the successful launch of several large-scale sales campaigns by its partners.
The company expects to generate more than 10,000 new members during January 2010 and between 40,000 and 50,000 new members during its fiscal quarter ending March 31, 2010. This would represent by far the largest number of new members ever generated by the company for a fiscal quarter in the company's history. In addition, the company expects these new members to boast higher retention rates and greater profit margins for the company due in part to the large and prestigious nature of the business partners selling the company's CARExpress programs and the lower acquisition costs that the company is paying the business partners to generate the new members.
"I am very pleased with the launch of several new sales campaigns over the past few weeks and the momentum that we are quickly building," stated David M. Daniels, President and Chief Executive Officer of National Health Partners. "Our projections of more than 10,000 new members in January and between 40,000 and 50,000 new members during the first quarter of 2010 are based in part on the fact that most of the sales campaigns that our business partners have been preparing over the past few months have successfully launched this month as planned. Our sales to new members thus far in December are up 80% over the number of sales to new members that we had at this time in November. As each of these campaigns ramp up and new campaigns launch, the accelerating growth in our sales will enable us to achieve the revenue and cash flow targets that we announced last week."
Mr. Daniels continued, "We are currently in the process of assisting some new business partners with the preparation of additional, large-scale sales campaigns. We will continue to issue additional news to our shareholders during the remainder of this month and into 2010 as these campaigns launch and as we gather additional information regarding our projected sales growth during 2010."
National Health Partners, Inc.
National Health Partners, Inc. is a national healthcare savings organization that provides discount healthcare membership programs to uninsured and underinsured people through a national healthcare savings network called "CARExpress." CARExpress is one of the largest networks of hospitals, doctors, dentists, pharmacists and other healthcare providers in the country and is comprised of over 1,000,000 medical professionals that belong to such PPOs as CareMark and Aetna. The company's primary target customer group is the 47 million Americans who have no health insurance of any kind. The company's secondary target customer group includes the millions of Americans who lack complete health insurance coverage. The company is headquartered in Horsham, Pennsylvania. For more information on the company, please visit its website at www.nationalhealthpartners.com.
Safe Harbor Provision
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the company's future financial position, business strategy, budgets, projected revenues and costs, and plans and objectives of management for future operations, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may," "will," "expects," "intends," "plans," "projects," "estimates," "anticipates," or "believes" or the negative thereof or any variation thereon or similar terminology or expressions. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements. Although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, its ability to fund future growth and implement its business strategy, its ability to develop and expand the market for its CARExpress membership programs, demand for and acceptance of its CARExpress membership programs, its dependence on a limited number of preferred provider organizations and other provider networks for healthcare providers, as well as those factors set forth in the company's most recently filed Registration Statement on Form S-1 and its other filings and submissions with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Except as required by law, the company assumes no obligation to update or revise any of the information contained in this press release.
Contacts:
National Health Partners, Inc.
Alex Soufflas, Chief Financial
Officer
215-682-7114
info@nationalhealthpartners.com