Bio-Dental Technologies Corp. signs three-year agreement with California Dental Health Plan.SACRAMENTO, Calif.--(BUSINESS WIRE)--Sept. 18, 1996--Bio-Dental Technologies Corp. (Nasdaq NM: BDTC BDTC Base de Donnees Toponymiques du Canada (French: Database of Canada Toponymic) ) Wednesday announced it has signed a three-year agreement with California Dental Health Plan Care (CDHP CDHP Consumer-Directed Health Plan CDHP Computational Diffie Hellman Problem ), a division of Cypress Cypress, city, United States Cypress (sī`prəs), city (1990 pop. 42,655), Orange co., S Calif. near Long Beach; inc. 1956. Forest Lawn–Cypress, a branch of the famous cemetery in Glendale, Calif. , Calif.-based PacificCare Health Systems (Nasdaq NM: PHSYA), to provide preferred pricing of dental supplies and technology products to CDHP's managed care network of more than 3,500 private practice dentists Dentists can refer to one of the following:
Collectively, these dentists purchase an estimated $49 million in dental supplies annually. Located in Tustin, Calif. California Dental Health Plan offers a wide variety of managed and indemnity dental and vision plans in California, providing benefits for more than 850,000 members. Curtis M. Rocca III, president and chief executive officer of Bio-Dental, stated, "This agreement represents our fifth contract of this type, which further strengthens our presence in the growing managed care segment of the dental market. We believe this contract, together with the ones previously signed this year, will increase our future revenues." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Lee J. Harris, DDS (1) (Digital Data Storage) See DAT. (2) (Data Dictionary System) See QuickBuild and OpenDDS. (3) (Dataphone Digital S , vice president of provider relations/government affairs of California Dental Health Plan, "Through this agreement, our network of dentists will obtain preferred pricing on a wide range of supplies and high-technology equipment, making Bio-Dental an attractive, one-stop shopping source for all their needs. "Our goal is to provide our provider partners with the tools they need to maintain a high level of care for their patients. This partnership will also enable our providers to control costs and increase efficiency, both of which are necessary for operating successfully in a managed care environment. We believe this agreement with Bio-Dental achieves those goals." Bio-Dental Technologies manufactures, markets, and distributes dental supplies and proprietary, high-technology dental products to the $2 billion professional dental supply market in all 50 states and Canada. In June, Bio-Dental announced that it has signed a letter of intent to merge with Zila Inc. (Nasdaq: ZILA) of Phoenix. "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: The statements contained in this release include information that is forward-looking. The matters referred to in 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. are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including concentration of sales in market and customers, delays or cancellations in orders, fluctuations in margins, timing of significant orders, customer reorganizations, demand fluctuations, the failure to receive necessary regulatory approvals, continued growth in the managed care segment of the dental market, and other risks detailed in the company's Securities and Exchange filing. CONTACT: Bio-Dental Technologies Corp. Curtis M. Rocca III, 916/638-8147 or Silverman Heller Associates Eugene G. Heller, 310/208-2550 |
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