American Dental Partners Affiliates With Mintz & Pincus Dental Group.WAKEFIELD, Mass.--(BW HealthWire)--Sept. 2, 1998--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 completed an affiliation with Mintz & Pincus Dental Group located in southern Maryland Southern Maryland in popular usage is composed of the state's southernmost counties on the "Western Shore." This region includes all of Calvert, Charles and St. Mary's counties and southern portions of Anne Arundel and Prince George's counties. . The Company acquired certain non-clinical assets and entered into a 40-year service agreement with the dental group. Mintz & Pincus, a multi-specialty dental group practice with 10 dentists Dentists can refer to one of the following:
"Mintz & Pincus is a high quality, growth-oriented dental group and we are pleased to have them join our team of affiliates," said Greg Serrao, Chief Executive Officer of American Dental Partners. "For over 21 years, Mintz & Pincus has served patients in southern Maryland, gaining prominence prominence /prom·i·nence/ (prom´i-nins) a protrusion or projection. frontonasal prominence as one of the most respected dental groups in the area. Maryland is an attractive new market for American Dental Partners, our second affiliation in the mid-Atlantic region. We plan to build upon the success of Mintz & Pincus by bringing business and financial resources to their practice and by increasing market share over time." "We continue to attract outstanding dental groups to our Company, as evidenced by all of our affiliations to date," Mr. Serrao said. "Since the beginning of the year we have completed 8 affiliations and expanded into 3 new states, meeting the growth targets in our strategic plan." 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. The Company is affiliated with 13 dental group practices and currently operates 99 dental facilities with 803 operatories located in Arizona, Louisiana, Maryland, Minnesota, Pennsylvania, Texas, Virginia and Wisconsin. Note: Except for historical information, all other statements provided in this press release are "forward-looking" 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 Company's actual results may vary materially from the 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. made above due to important factors such as: a limited operating history; risks associated with the Company's acquisition strategy; management of rapid growth; dependence upon affiliated dental groups; government regulation of the dental industry; and dependence upon service agreements. These and other risk factors that could materially affect financial results are further described in the Company's Form S-1 Registration Statement (file No. 333-39981).
CONTACT: American Dental
Gregory A. Serrao
781-224-0880
or
Ronald M. Levenson
781-224-0880
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