National Health Partners Announces Strong Growth Anticipated From Sales of CARExpress and CARExpress Plus
Posted on: Thursday, 20 December 2007, 09:00 CST
National Health Partners, Inc. (National Health) (OTCBB: NHPR), a leading provider of unique discount healthcare membership programs, announced today that it expects to start off 2008 with strong growth in sales of its traditional CARExpress health discount programs and its CARExpress Plus membership programs.
The company is currently working with a number of businesses, associations and other organizations regarding the purchase of a large number of its CARExpress health discount programs and its CARExpress Plus membership programs. Some of these sales are expected to have an immediate and significant impact on the company's revenue and cash flow during the first quarter of 2008.
"We are working with a number of business partners that are offering us some substantial opportunities," stated David M. Daniels, President and Chief Executive Officer of National Health Partners. "The deals that we expect to announce in the coming weeks will each contribute greatly to our revenue and cash flow. These opportunities are a direct outgrowth of the demand we are experiencing for both our traditional CARExpress health discount programs as well as our CARExpress Plus membership programs from organizations across the country. 2008 is shaping up to be a tremendous year for National Health Partners."
The company expects to make several major announcements in the next few weeks.
National Health Partners, Inc.
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 corporate 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.
Source: Business Wire
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