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UNIVERSAL SELF CARE, INC. ANNOUNCES AN AGREEMENT TO ACQUIRE PRICE RITE DIABETES CENTERS LOCATED IN SAN DIEGO

 VAN NUYS, Calif., April 12 /PRNewswire/ -- Universal Self-Care, Inc. (NASDAQ: USCI; BSE: UIV) today announced that it has signed a letter of intent to acquire the business and assets of Price Rite Diabetes Centers located in San Diego. Terms of acquisition were not disclosed. Price Rite Diabetes Centers has gross annual revenues of approximately $850,000.
 Damon D. Testaverde, president, said "This acquisition adds to our patient base in California and begins the process of our planned expansion within this state."
 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- 4/12/93
 /CONTACT: Damon Testaverde, president of Universal Self-Care, Inc., 818-994-1093/
 (UIV)


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

LR-OS -- NY020 -- 4663 04/12/93 09:46 EDT
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Publication:PR Newswire
Date:Apr 12, 1993
Words:168
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