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PRINCETON DENTAL MANAGEMENT CORPORATION TO ACQUIRE DENTAL PRACTICES

 HOLIDAY, Fla., Aug. 31 /PRNewswire/ -- Terry Gingle, CEO of Princeton Dental Management Corporation (PDMC)(NASDAQ: PDMC; Warrants: PDMCW) announced today that PDMC entered into a Letter of Intent to purchase seven dental practices and an integrated laboratory and dental supply business. The practices and ancillary businesses, located in the Southeast region of the United States, estimate revenues of approximately $7.5 million for fiscal year 1993. This acquisition furthers PDMC's objective to vertically and horizontally integrate its dental operations on a national basis. The acquisition is subject to completion of due diligence and legal documentation.
 -0- 8/31/93
 /CONTACT: Terry D. Gingle, chairman of the board and chief executive officer, Princeton Dental Management Corporation, 813-942-3600/
 (PDMC)


CO: Princeton Dental Management Corporation ST: Florida IN: HEA SU: TNM

LG-TW -- NY009 -- 7383 08/31/93 09:16 EDT
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Publication:PR Newswire
Date:Aug 31, 1993
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