American Dental Partners Elects New Independent Outside Director.Business Editors and Health/Medical Writers WAKEFIELD, Mass.--(BUSINESS WIRE)--Sept. 20, 2002 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 Robert E. Hunter, DMD (1) (Digital Micromirror Device) See DLP. (2) (Digital Multi-layer Disk) See high-def DVD formats. has been appointed to its board of directors. Dr. Hunter is President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DentaQuest Ventures, Inc., a for-profit subsidiary of Delta Dental Plan Delta Dental Plan, n.pr an active member organization of the Delta Dental Plans Association (a not-for-profit organization), formed and guided by state dental societies to provide prepaid dental care to the public on a group basis. of Massachusetts ("DDPMA"). Prior to that, Dr. Hunter was President and CEO of DDPMA, a $490 million not-for-profit dental insurer that is a recipient of the Massachusetts Quality Award and the New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Businesses for Social Responsibility Eagle Feather Award. Prior to his tenure at DDPMA, Dr. Hunter practiced clinical dentistry for 21 years and was a clinical instructor at Harvard School of Dental Medicine Harvard School of Dental Medicine (HSDM) is one of the graduate schools of Harvard University. It is an American dental school located in the Longwood Area of the Boston, Massachusetts neighborhood of Mission Hill. . Dr. Hunter is also a member of the Board of Overseers of the Malcolm Baldridge National Quality Award. "I am pleased that Dr. Hunter has accepted our invitation to join American Dental Partners' Board of Directors. I have known Dr. Hunter for several years, and he has provided valuable insight and advice over the years. Dr. Hunter shares a common philosophy with us and a passion and dedication to the dental profession, and we are honored to have him on our team," said Gregory A. Serrao, Chairman of the Company. Dr. Hunter stated, "My interest in American Dental Partners has been long-standing, and I have admired the company's disciplined approach to pursuing its strategic goals and objectives. I look forward to the opportunity to assist the company in continuing its pursuit of its stated mission." American Dental Partners is one of the nation's leading business partners to dental groups. The Company is affiliated with 22 dental groups which have 168 dental facilities with approximately 1,500 operatories located in 16 states. In addition, the Company provides dental laboratory A dental laboratory is a light manufacturing facility for the production of dental restorations on the order of a dentist. Dental laboratories may make dentures, crowns, or other dental restorations such as implant crowns. services through a wholly-owned subsidiary, Voss Dental Lab. 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 overall or regional economic conditions, contracts its affiliated dental groups have with third party payors and the impact of any terminations or potential terminations of such contracts, the cost of and access to capital, fluctuations in labor markets, the Company's acquisition and affiliation strategy, management of rapid growth, dependence upon affiliated dental groups, dependence upon service agreements and government regulation of the dental industry. 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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