Avalon Begins Operation of Missouri 30-Bed Program; Announces the Addition of a Leading Juvenile Expert to Its Management Team.OKLAHOMA CITY Oklahoma City (1990 pop. 444,719), state capital, and seat of Oklahoma co., central Okla., on the North Canadian River; inc. 1890. The state's largest city, it is an important livestock market, a wholesale, distribution, industrial, and financial center, and a farm , Okla.--(BUSINESS WIRE)--June 12, 1998--/Oklahoma Newswire/-- Avalon Community Services, 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 :CITY), announced today that it has begun the operation of a 30-bed halfway-house program located at the Ozark Correctional Center, a medium security prison, in Fordland, Missouri Fordland is a city in Webster County, Missouri, United States. The population was 684 at the 2000 census. Geography Fordland is located at (37.157342, -92.940689)GR1. . The facility is owned by the Missouri Department of Corrections. The Company provides complete administration and operation of the halfway house halfway house /half·way house/ (haf´wa hous) a residence for patients (e.g., mental patients, drug addicts, alcoholics) who do not require hospitalization but who need an intermediate degree of care until they can return to the community. program including correctional staff and substance abuse programming, case management, aftercare af·ter·care n. Follow-up care provided after a medical procedure or treatment program. aftercare the care and treatment of a convalescent patient, especially one that has undergone surgery. services, and vocational assistance. The new operations began June 1, 1998 and will generate annual revenues of approximately $390,000. The Company also announced the appointment of William C. Beam Jr. as Juvenile Services Administrator. Mr. Beam's responsibilities include the development and administration of Avalon's juvenile operations. Mr. Beam joined Avalon, after retiring from a successful career with the Oklahoma Office of Juvenile Affairs. He brings more than 26 years of administrative and management experience in the public and private sectors with a variety of treatment and service delivery models for adolescents and young adults. Mr. Beam has directed a variety of programs for the Oklahoma County Juvenile Bureau, Court Related and Community Services, State of Oklahoma Department of Human Services, Office of Juvenile Affairs, and North Care Juvenile Center. "Avalon is entering an exciting growth phase," states Donald E. Smith, Avalons' Chairman and Chief Executive Officer, and we are very pleased to welcome Bill to our management team. Bill has guided the strategic direction and organizational structure  This article has no lead section.To comply with Wikipedia's lead section guidelines, one should be written. of our juvenile operations," he said. "I am also very pleased with the expansion of our existing Ozark contract. This contract expansion has been our focus from the beginning, to continue to look for innovative ways to expand the Company's existing contracts and scope of services." Avalon Community Services, Inc. Is headquartered in Oklahoma City, Oklahoma “OKC” redirects here. For the airport, see Will Rogers World Airport. Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S. . The Company currently has operations in four states. Avalon owns and operates a total of 800 community corrections beds and provides substance abuse treatment programs in seven prisons. For more information on Avalon please visit us on the Internet at www.avaloncomsvs.com or call 405/752-8802. 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 UNDER 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 This press release contains forward-looking statements involving various risks and uncertainties. Actual results could differ materially from those projected due to factors which may include population fluctuations, acquisition risks, market conditions, government funding and availability of financing. These and other risk factors are outlined in the reports filed by the company with the Securities and Exchange Commission. CONTACT: Avalon Community Services, Inc. Tiffany Wright, 405/752-8802 Fax: 405/752-8852 |
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