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Press Release Source: National Health Partners, Inc.
National
Health Partners
announces ReVENUE
FORECAST FOR 2008
$12 million and $15 million
for its fiscal year ended December 31, 2008
The company has successfully
transitioned its mix of business partners from marketing companies to
small businesses, associations, unions, chambers of commerce and related
organizations, as well as insurance brokers and agents. In the last couple of months
alone, the company has terminated its agreement with Trident Marketing
International and announced new business agreements with Internet Coupon
Exchange, TotalHR, Consultancy Services International, America's
Professional Services Association, the Troy Chamber of Commerce, the
Michigan Hispanic Chamber of Commerce, the Polish American Congress -
Michigan Division and a 200-member union group, as well as several other
organizations.
As a result, the company is
now generating positive cash flows from operations and expects the second
quarter of 2008 to be its first full fiscal quarter with positive cash
flows from operations. The
company currently expects to generate revenue of between $12 million and
$15 million for its fiscal year ended December 31, 2008. It also expects to submit an
application later this year to have its common stock listed on the NASDAQ
or AMEX.
"I am very excited with what we have accomplished over the past few months," stated David M. Daniels, President and Chief Executive Officer. "The sheer quantity of deals that we have signed over this short period of time is terrific and we have many more on the way. Our cash flows have improved substantially and the revenue we are generating from these deals is growing quickly. I believe that the results we are generating now and the results we expect to generate in the future will soon reflect themselves in our stock price as investors take note of all of our tremendous accomplishments."
National Health Partners, Inc.
is a national healthcare savings organization that provides discount
healthcare membership programs to uninsured and underinsured people
through a national healthcare savings network called "CARExpress." CARExpress is one of the largest
networks of hospitals, doctors, dentists, pharmacists and other healthcare
providers in the country and is comprised of over 1,000,000 medical
professionals that belong to such PPOs as CareMark and Aetna. The company's primary target
customer group is the 47 million Americans who have no health insurance of
any kind. The company's
secondary target customer group includes the 61 million Americans who lack
complete health insurance coverage.
The company is headquartered in Horsham, Pennsylvania. For more information on the
company, please visit its website at www.nationalhealthpartners.com.
Safe
Harbor Provision
This
press release contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements other than
statements of historical fact contained herein, including, without
limitation, statements regarding the company's future financial position,
business strategy, budgets, projected revenues and costs, and plans and
objectives of management for future operations, are forward-looking
statements. Forward-looking
statements generally can be identified by the use of forward-looking
terminology such as "may," "will," "expects," "intends," "plans,"
"projects," "estimates," "anticipates," or "believes" or the negative
thereof or any variation thereon or similar terminology or
expressions. Forward-looking
statements are subject to risks and uncertainties that could cause actual
results to differ materially from results proposed in such
statements. Although the
company believes that the expectations reflected in such forward-looking
statements are reasonable, it can provide no assurance that such
expectations will prove to have been correct. Important factors that could cause
actual results to differ materially from the company's expectations
include, but are not limited to, its ability to fund future growth and
implement its business strategy, its ability to develop and expand the
market for its CARExpress membership programs, demand for and acceptance
of its CARExpress membership programs, its dependence on a limited number
of preferred provider organizations and other provider networks for
healthcare providers, as well as those factors set forth in the company's
most recently filed post-effective amendment to its registration statement
on Form SB-2 and its other filings and submissions with the Securities and
Exchange Commission. Readers
are cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date made. Except as required by law, the
company assumes no obligation to update or revise any of the information
contained in this press release.
Contact: National Health Partners, Inc. _______________________
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Send mail to info@nationalhealthpartners.com with questions or comments. Copyright © 2006 NATIONAL HEALTH PARTNERS, INC. |
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