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Forterus Healthcare Continues Its Southern California Expansion, Completing Its Second Acquisition in Six Months

February 17, 2009

HUNTINGTON BEACH, Calif., Feb. 17 /PRNewswire-FirstCall/ — Forterus Healthcare, a division of Forterus Inc. (OTC Bulletin Board: FTER), today announced the completion of its acquisition of Solutions 4 Recovery Inc., a Dana Point, Calif.-based drug and alcohol treatment center, effective Feb. 2nd.

Forterus Healthcare is now transferring the assets of Solutions 4 Recovery to a new company, Dana Point Recovery Inc., which will serve as Forterus Healthcare’s Orange County division.

Solutions 4 Recovery is the second behavioral health care acquisition made by Forterus Inc. in the last six months, the first being Murrieta, Calif.-based A Better Tomorrow Treatment Center Inc., which now serves as Forterus Healthcare’s Riverside County division.

“Forterus Healthcare now has two separate divisions to help us grow our behavioral healthcare practice in the Southern California market,” said Forterus CEO Paul Howarth.

Dana Point Recovery’s market expansion is being jointly managed by Forterus President Jerrod Menz, CADCA, and Forterus General Counsel and Administrative Director Wade Mezey.

Menz previously held management positions at Chapman House in Orange, where he served as vice president of marketing, and Witts Inn in Dana Point, where he was operations manager. Mezey is a Georgetown University graduate whose financial and legal expertise has helped Forterus Healthcare become one of the fastest growing drug and alcohol treatment providers in Southern California.

For more information about Forterus, Forterus Healthcare, A Better Tomorrow or Dana Point Recovery, please visit their respective websites at www.forterushealthcare.com, www.abttc.com and www.danapointrecovery.com. A television commercial for A Better Tomorrow can also be viewed at http://www.youtube.com/watch?v=lqgj7uFJyqQ.

Forterus Inc. and its subsidiaries engage in diverse business activities, including behavioral healthcare, intervention services, drug and alcohol rehabilitation, pain management, physical therapy, finance as well as thoroughbred breeding and racing. Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains, and Forterus may from time to time make, written or oral ‘forward-looking statements’ within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Forterus’s and/or its subsidiaries control that could cause actual results to differ materially from such statements. In particular, statements using words such as ‘may,’ ‘should,’ ‘estimate,’ ‘expect,’ ‘anticipate,’ ‘intend,’ ‘believe,’ ‘predict,’ ‘potential,’ or words of similar import generally involve forward-looking statements.

    Source:  Paul Howarth, CEO, Forterus Inc.
             (888) 257-8345
             ir@40forterushealthcare.com

SOURCE Forterus


Source: newswire



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