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Alliance Health Declares Dividend.


Business Editors/Health/Medical Writers

IRVING, Texas--(BUSINESS WIRE)--Jan. 23, 2004

On January 21, 2004, the Alliance Health Board of Directors declared a 36 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
 cash dividend to shareholders of record close of business February 6, 2004. Alliance Health has 1,534,066 shares of common stock outstanding. Following payment of the dividend, expected to be on or about the week of February 9, 2004, Alliance Health will have approximately $17,000 in cash on hand and no other assets other assets

Assets of relatively small value. For financial reporting purposes, firms frequently combine small assets into a single category rather than listing each item separately.
 or significant liabilities. Alliance Health does not have any business activity other than seeking to combine with an existing business entity. Alliance Health does not have, as of this date, any potential combination candidates. While management continues to search for a business with which to combine, there can be no assurance that we will be successful.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement

This release contains a number of forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 concerning the Company's current expectations as to future results of operations, future growth and future performance of Alliance Health, Inc. within the meaning of The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995. Actual results may differ materially depending on the various factors set forth under the caption "Forward-Looking Statements" in the Company's annual report on Form 10- KSB KSB Kogod School of Business (American University)
KSB Kelley School of Business (Indiana University)
KSB Kantonsschule Am Brühl St.
 for the year ended September 30, 2003 and accordingly, should be read in conjunction with the Company's SEC filings.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 23, 2004
Words:227
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