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PRINCETON DENTAL MANAGEMENT CORPORATION TO ACQUIRE DENTAL LABORATORY

 HOLIDAY, Fla., July 13 /PRNewswire/ -- Terry Gingle, CEO of Princeton Dental Management Corporation (NASDAQ: PDMC) ("PDMC"), announced today that PDMC has entered into an agreement of merger to acquire Mason Dental, Inc. ("Mason"). Mason, located in Livonia, Mich. is among the largest dental labs in the United States. It has been providing quality lab work and skilled support services to the dental industry for nearly 40 years. Mason anticipates net sales of approximately $4 million for fiscal year ended March 31, 1994. Mason offers a full range of lab services such as cosmetics, implants, crown and bridge, and partials and dentures. Furthermore, as an integral part of providing state of the art skilled support services, Mason maintains an educational facility and programs such as issuing quarterly newsletters and orchestrating synchronized educational seminars to keep the dental industry abreast of the newest products, services and techniques. This acquisition comports with PDMC's objective to become a fully integrated dental company. Typically, a dental practice incurs lab expenses between 8-14 percent of gross dental revenues. The acquisition is subject to the approval of Mason shareholders and compliance with various federal and state laws.
 -0- 7/13/93
 /CONTACT: Terry D. Gingle, chairman of the board and chief executive officer of Princeton Dental Management Corporation, 813-942-3600/
 (PDMC)


CO: Princeton Dental Management Corporation; Mason Dental, Inc. ST: Florida, Michigan IN: HEA SU: TNM

RC-AW -- FL005 -- 0812 07/13/93 10:25 EDT
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Publication:PR Newswire
Date:Jul 13, 1993
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