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STAR MULTI CARE SERVICES SECURES $1 MILLION BANK CREDIT LINE

 STAR MULTI CARE SERVICES SECURES $1 MILLION BANK CREDIT LINE
 BROOKLYN, N.Y., Jan. 13 /PRNewswire/ -- Star Multi Care Services, Inc. (NASDAQ: SMCS), today announced the company has obtained a $1 million line of credit from Manufacturers Hanover Trust Company to be used for short term working capital purposes.
 Stephen Sternbach, president and CEO of Star Multi Care Services, said, "While the company's balance sheet reflects a strong financial condition, our rapid expansion into home health care will increase our working capital requirements. We expect, however, that the growth in home health care business will reflect favorably on our future revenues and earnings."
 Star Multi Care Services, Inc., provides temporary health care personnel to hospitals and nursing homes and temporary health care to patients in their own homes throughout the New York and New Jersey metropolitan area.
 -0- 1/13/92
 /CONTACT: Star Multi Care Services public relations, 718-622-0100, or toll free, 800-637-8271/
 (SMCS) CO: Star Multi Care Services, Inc. ST: New York IN: HEA SU: FNC


GK-OS -- NY034 -- 9057 01/13/92 11:44 EST
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Publication:PR Newswire
Date:Jan 13, 1992
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