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Union Dental Reports Record Revenue for Fiscal 2005.

CORAL SPRINGS, Fla. -- Union Dental Holdings, Inc. (OTCBB:UDHI) - - a provider of multi-state dental services for union members, announced today with the filing of their 10-KSB to the Securities & Exchange Commission the financial results for the year ending December 31, 2005. In the Consolidated Statement of earnings the Company reported revenues of $2,066,944 with a loss of $1,440,183.

Dr. Green, President and CEO commented: "I am pleased our revenues have once again increased for the year. During this past year we have financed the company with a convertible debenture in the amount of $600,000, a senior note in the amount of $960,000, and a $5.0 million Equity Line of Credit to insure our future growth. At the same time we made an acquisition and expanded the dental network in order to build the infrastructure to poise ourselves in creating a nationwide dental network for the CWA members which is reflected in our loss for the year. We have made tremendous strides in preparing for this expansion."

UDC has been providing a Dental Network for the Communications Workers of America (CWA) Local Unions in Florida since its inception and has expanded the concept and Dental Network throughout District 3 which along with Florida includes Alabama, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina and Tennessee as well as throughout southern United States into California.

The Communications Workers of America union members represent workers who are employed by BellSouth (NYSE:BLS); Qwest (NYSE:Q); AT&T (NYSE:T); Lucent (NYSE:LU); General Electric (NYSE:GE); Verizon (NYSE:VZ); SBC Communications (NYSE:SBC), Avaya (NYSE:AV) and many other varied occupational fields such as public maintenance, food service, flight attendants and law enforcement.

For a complete description of our operations and financial statements, you are urged to review the Company's Form 10-KSB which has been filed with the Securities and Exchange Commission and can be accessed at the Commission's website at

About Union Dental Holdings, Inc., Direct Dental Services, Inc. and Union Dental Corp.

Direct Dental Services and Union Dental Corp. are wholly owned subsidiaries and provide dentists with "areas of exclusivity" to participate with various unions including the Communications Workers of America ("CWA") and International Brotherhood of Electrical Workers (IBEW) Dental Networks. Union Dental Corp. receives annual management fees from the dentists in exchange for practicing in these "areas of exclusivity" where CWA and IBEW members use the dentists' services. DDS/UDC has contracts with CWA & IBEW Local Unions to provide a dental network utilizing the members existing insurance policy. The dentists in the Dental Network provide services in the areas for union members, as well as existing patients in exchange for an annual management fee. The network of dentists accepts payment from union insurance plans for services rendered as payment in full, with certain procedures requiring a small out-of-pocket co-payment from the union member patient. In addition, Union Dental Corp. acquired the assets of an existing dental practice (excluding the patient list) and successfully integrated those assets into its existing practice which has been servicing patients for 17 years in Coral Springs, Florida. UDC and DDS are wholly owned subsidiaries of Union Dental Holdings, Inc.


"Safe-Harbor" Statement: Under the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors.
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Publication:Business Wire
Date:Apr 3, 2006
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