DENVER, Nov. 2 Birner Dental Management Services, Inc. (Nasdaq: BDMS), operators of PERFECT TEETH (R) dental practices, announced its entry into the Tucson, Arizona market with the acquisition of the assets of two dental practices that had 2008 patient revenue totaling $3.7 million.
Fred Birner, Chairman and Chief Executive Officer of the Company, said "We are very excited about the acquisition of these practices and our entry into the Tucson market. We believe that the Tucson market will provide us with excellent opportunities for growth. We look forward to working with the dentists in these practices to provide PERFECT TEETH service to our patients."
Birner Dental Management Services, Inc. acquires, develops, and manages geographically dense dental practice networks in select markets in Colorado, New Mexico, and Arizona. The Company currently manages 63 dental offices, of which 37 were acquired and 26 were de novo developments. At September 30, 2009, the Company had 114 general and specialty dentists affiliated with the organization. The Company operates its dental offices under the PERFECT TEETH name.
Certain of the matters discussed herein may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from expectations. These include statements regarding prospects for the Tucson, Arizona market and the acquired practices. These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances, or achievements expressed or implied by the forward-looking statements. These and other risks and uncertainties are set forth in the reports filed by the Company with the Securities and Exchange Commission. The Company disclaims any obligation to update these forward-looking statements.
For Further Information Contact: Birner Dental Management Services, Inc. Dennis Genty Chief Financial Officer (303) 691-0680
SOURCE Birner Dental Management Services, Inc.