The Company Generated an All-Time Record of Almost 12,500 New Members During July, Representing an Increase of More Than 250% over June
National Health Partners, Inc. (OTCBB:NHPR), a leading provider of unique discount healthcare membership programs, announced today that it has achieved a major milestone in the company’s history by generating almost 12,500 new members during the month of July.
The 12,500 new members generated during the month of July is an all-time record for the company and represents growth of more than 250% from the 3,500 members that it generated during the month of June. The company has recently generated new members through a variety of business partners, including a union, a national healthcare provider, an employee outsourcing company, insurance brokers and company agents, and other affinity groups. However, the majority of the new members during the past two months have been generated through the company’s recently announced internet marketing campaign. The company has been working on a variety of internet marketing initiatives and generated substantially higher sales figures during July than were previously expected. The Company is currently working with a new internet marketing group that will allow the company to launch an even larger and more comprehensive internet marketing campaign. This campaign is expected to produce even better results due in part to the use of more favorable prices associated with the sale of higher end CARExpress programs. The company expects to launch the new campaign within the next 2-3 weeks.
“I am thrilled with the direction that we are taking,” stated David M. Daniels, President and Chief Executive Officer of National Health Partners. “These results are just the beginning as we have several opportunities to sell our programs on a stand-alone basis as well as co-marketed with other programs and products. This internet marketing campaign is far more beneficial for the Company over the long term because, unlike most of our sales relationships where we pay residual commissions to our business partners each month, this campaign will allow us to capture the full price of each future member and generate stronger cash flows as we grow our membership base.”
“These are the most exciting times in our history and I look forward to finally demonstrating positive cash flow from our operations,” continued Mr. Daniels. “I believe that this campaign has unlimited potential for the company and through a variety of diversification strategies that we are implementing, we expect to generate significantly higher revenues and cash flow during the remainder of the year. Because the majority of our recent growth occurred in late June and July, the substantial increase in revenue and cash flows that we were previously forecasting for our quarter ended June 30, 2009 will instead be realized in our financial results for our quarter ended September 30, 2009. Our Q3 results will be excellent due to the greatly increased revenue that we are generating. We are finally beginning to generate the financial results that we have been working so hard to achieve. I will soon be providing more information shortly on our expected performance for the remainder of this year and 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 Annual Report on Form 10-K for the year ended December 31, 2008 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
