DALLAS, Oct. 11 /PRNewswire-FirstCall/ -- Crdentia Corp. (BULLETIN BOARD: CRDT) , a leading U.S. provider of healthcare staffing services, today announced that it has been awarded a contract by a large healthcare group in the southeast region of the United States.
Under terms of the agreement, Crdentia will provide travel nurse staffing services to a major healthcare group operating 150 hospitals in seven southeast region states. The signing of this agreement marks the latest of three significant staffing contracts awarded to Crdentia during the past several months.
Jim Durham, Crdentia's Chairman and CEO, commented, "I am pleased to announce that Crdentia has been awarded this latest healthcare staffing services contract. This business will enhance our already solid footprint in the southeastern region of the country, while providing our strong group of travel nurses with additional opportunities and career choices. We look forward to a long and mutually beneficial relationship as we help this important healthcare group fulfill its staffing requirements with dedicated and highly talented healthcare professionals."
About Crdentia Corp.
Crdentia Corp. is one of the nation's leading providers of healthcare staffing services. Crdentia seeks to capitalize on an opportunity that currently exists in the healthcare industry by targeting the critical nursing and allied shortage issue. There are many small, private companies that are addressing the rapidly expanding needs of the healthcare industry. Unfortunately, due to their relatively small capitalization, they are unable to maximize their potential, obtain outside capital or expand. By consolidating well-run small private companies into a larger public entity, Crdentia intends to facilitate access to capital, the acquisition of technology, providing greater diversity of client services and expanded distribution that, in turn, drive internal growth. For more information, visit http://www.crdentia.com/.
Forward Looking Statements
Statements contained in this release that are not historical facts are forward-looking statements that involve risks and uncertainties. Among the important factors which could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, those discussed in "Risk Factors" in the Company's Forms 10-KSB, Forms 10-QSB, and other filings with the Securities and Exchange Commission. Such risk factors include, but are not limited to, a limited operating history with no earnings; reliance on the Company's management team, members of which have other business interests; the ability to successfully implement the Company's business plan; the ability to continue as a going concern; the ability to fund the Company's business and acquisition strategy; the growth of the temporary healthcare professional staffing business; difficulty in managing operations of acquired businesses; uncertainty in government regulation of the healthcare industry; and the limited public market for the Company's common stock. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. We undertake no obligation to revise or update publicly any forward-looking statements for any reason.
AT THE COMPANY: AT FINANCIAL RELATIONS BOARD:
James D. Durham Lasse Glassen
Chairman and CEO 310-854-8313
972-850-0780
© 2006 PR Newswire
