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As a matter of corporate policy, United American Healthcare Corporationdoes not address the details of pending litigation, other than to stronglyassert that the plaintiff's current request for a temporary restraining orderto prevent the Company from executing its share repurchase program announcedon Dec. 2, is without legal merit. The Company's counsel, Young & Susser,P.C., intends to vigorously defend UAHC's position in this matter.
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About United American Healthcare Corporation
United American Healthcare Corporation ("UAHC") is a full-servicehealthcare management company, pioneering the delivery of healthcare servicesto Medicaid recipients since 1985. UAHC owns and manages UAHC Health Plan,which is based in western Tennessee and includes the Memphis market. For moreinformation, please visit the Company's web site at www.uahc.com.
United American Healthcare Corporation Safe Harbor Statement
Forward-looking statements by United American Healthcare Corporation,including those in this announcement, involve known and unknown risks, whichmay cause actual results and corporate developments to differ materially fromthose expected. Factors that could cause results and developments to differmaterially from expectations include, without limitation, the effects of stateand federal regulations, the effects of acquisitions and divestitures, andother risks described from time to time in each of United AmericanHealthcare's SEC reports, including quarterly reports on Form 10-Q, annualreports on Form 10-K, and reports on Form 8-K.
SOURCE United American Healthcare Corporation