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UNIVERSAL SELF CARE, INC. ANNOUNCES AN AGREEMENT TO ACQUIRE THE DIABETES RESOURCE CENTERS LOCATED IN TEXAS

 VAN NUYS, Calif., March 16 /PRNewswire/ -- Universal Self Care, Inc. (NASDAQ: USCI) today announced that it has signed a letter of intent to acquire the business and assets of the Diabetes Resource Centers located in Houston and San Antonio, Texas. Terms of acquisition were not disclosed. The two centers have gross annual revenues of approximately $750,000.
 Damon D. Testaverde, president, said: "This acquisition represents our first expansion out of California and is the beginning of our plans to nationally roll-out our unique system of care and services to the diabetic community. According to the U.S. Department of Health and Human Services, Inc., Texas is the fourth largest state in terms of diabetic population."
 Universal Self Care, Inc. operates diabetic centers under the name of "The Sugar Free Centers," which provide a total health care service for individuals with diabetes including; medical equipment, supplies, prescription and non-prescription drugs, food products and educational materials which can be purchased at the centers or delivered through the company's mail order services.
 -0- 3/16/93
 /CONTACT: Damon Testaverde, president of Universal Self Care, Inc., 818-994-1093/
 (USCI)


CO: Universal Self Care, Inc. ST: California IN: HEA SU: TNM

WB-SH -- NY010 -- 6502 03/16/93 11:31 EST
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Publication:PR Newswire
Date:Mar 16, 1993
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