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BlueStar Health Inc. to Acquire 15,580 sq. ft. Physical Therapy and Wellness Center in East Texas.


HOUSTON -- BlueStar Health Inc., (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:BLSH BLSH Buy Low Sell High (stock traders' greeting) ), a health care management company with operations in outpatient physical therapy and preventative care announced it has entered into an Letter Of Intent to acquire Occucare, Inc. and its real property.

Occucare, Inc. was created by two physicians in response to the demand for a multi-disciplinary "one stop" facility that could offer therapy, rehabilitation and wellness services to the occupational, personal injury, Medicare, and private health insurance markets. Occucare, Inc. is the first - and - only specialist group of its kind in East Texas.

Alfred Oglesby, 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 BlueStar Health Inc., stated, "This unique 15,580 sq. ft. building boasts a fully equipped, state-of-the-art physical and occupational therapy and wellness clinic - complete with an indoor walking track, two racquetball racquetball, sport played indoors by two or four players, combining elements of court handball and such racket games as squash racquets. It is played on a standard handball court 40 ft (12.2 m) long, 20 ft (6.  courts, and over-sized yoga studio. This facility also operates the only Jr. Olympic-sized swimming pool in the area that is covered and heated to provide aquatic therapy aquatic therapy Water therapy Rehab medicine The exercising of muscle groups under water, which increases range-of-motion and light resistance for rehabilitation. See Rehabilitation medicine.  services year-round. Occucare has successfully established itself as the area's busiest facility. With their outstanding facility and a reputation for providing the highest quality care, Occucare has positioned itself to satisfy patient healthcare needs well into the future."

BlueStar Health Inc. (BLSH) is a healthcare management company with operations in physical therapy and preventative care services. The Company is creating a new model for healthcare services by acquiring physical therapy practices, expanding operations and integrating preventative care treatments. The strategy is designed to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the transition from traditional to preventative care. The function of preventative care is to help people feel better, manage weight, slow aging, look younger and detect diseases at their earliest stage when treatment outcomes are the most effective.

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: The statements contained herein that are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delay in testing and evaluation of products, and other risks detailed from time to time in the company's SEC filings.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 7, 2005
Words:351
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