American Dental Partners Affiliates With Kenneth P. Dick, D.M.D. and Gary R. Christman, D.D.S.WAKEFIELD, Mass.--(BW HealthWire)--Aug. 25, 1999-- American Dental Partners, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADPI ADPI Alpha Delta Pi Sorority ADPI American Dairy Products Institute ADPI Analog Devices (Philippines) Inc ADPI Australian Dance Performance Institute (Brisbane, QLD, Australia) ) announced today that the Company recently completed affiliations with two dental groups located in existing markets, Kenneth P. Dick, D.M.D. and Gary R. Christman, D.D.S D.S Drainage Structure (flood protection) . Dr. Kenneth P. Dick's practice is located in Johnstown, Pennsylvania Johnstown is a city in Cambria County, Pennsylvania, United States, 60 miles east of Pittsburgh and 46 miles (76.6 km) west-south west of Altoona, Pennsylvania. The population was 27,906 at the 2000 census. and will join the Company's existing affiliate in Pittsburgh, Chestnut Hills Dental. Dr. Gary R. Christman's practice has two locations, one in Humble and one in Kingwood, Texas and will join the Company's existing affiliate in Houston, TSC TSC Thestreet.com (stock symbol) TSC Time Stamp Counter TSC Tuberous Sclerosis Complex TSC Tractor Supply Company TSC Terrorist Screening Center (Department of Homeland Security) Dental Centers. Together these practices, which include seven dentists, generated $2.6 million of patient revenue in 1998. "We are pleased with the addition of these practices to our existing affiliates" commented Gregory A. Serrao, President and Chief Executive Officer of American Dental Partners, Inc. "Through these affiliations, we continue to execute our strategy of growing through additional affiliates within a marketplace." American Dental Partners, Inc. is one of the nation's leading dental practice Noun 1. dental practice - the practice of dentistry practice - the exercise of a profession; "the practice of the law"; "I took over his practice when he retired" management companies. Including these transactions, the Company is affiliated with 17 dental group practices and operates 126 dental facilities with more than 1,000 operatories located in Alabama, Arizona, Louisiana, Maryland, Minnesota, North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. , Oklahoma, Pennsylvania, Texas, Virginia and Wisconsin. Note: Some of the information in this press release contains "forward-looking statements" 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. The words "believe," "expect," "anticipate," "project," and similar expressions, among others, identify forward-looking statements. Forward-looking statements speak only as of the date the statement was made. Such forward-looking statements are subject to uncertainties and other factors that could cause actual results to differ materially from those projected, anticipated or implied. Certain factors that might cause such a difference include, among others, the Company's risks associated with its acquisition and affiliation strategy, management of rapid growth, dependence upon affiliated dental groups, dependence upon service agreements, government regulation of the dental industry and year 2000 compliance issues. Additional risks, uncertainties and other factors are set forth in the "Risk Factors" section of the Company's Registration Statement on Form S-4 (File No. 333-56941). |
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