PALM DESERT, Calif., April 6 /PRNewswire-FirstCall/ -- Altus HealthCare Incorporated today announced a 5 for 1 forward stock split effective and payable April 13, 2006. Altus is splitting the stock to enable the company to move forward with its business model.
About Altus
Altus provides administrative and patient focused services to the greater healthcare community. Its focus is on bridging gaps in the healthcare system where the system fails to deliver the services needed. In particular, it serves the natural network formed by Patients, Physicians and Healthcare Facilities by providing physicians and clinical facility operators with strategic services which orient their business to more effectively serve the patient and helping patients connect with the best facility and physician to meet their needs. Altus does this by creating "networks" of physicians and healthcare facilities that represent "best of breed" and that have the time and desire to work with new patients. Altus' focus is on the health and wellness vertical, targeting elective weight loss surgery, cosmetic surgery and those forms of outpatient surgery conducive to Ambulatory Surgery Centers (e.g. orthopedic, podiatric, arthroscopic, general surgery et al).
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include words like "may," "expects," "believes," and "intends" and describe opinions about future events. These forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of Altus to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Some of these risks are: changes in relationships with clients and vendors; the impact of competitive products, services and technological changes; risks relating to the development of new products and services; the ability to implement technological and systemic improvements; and the ability of Altus to obtain and retain clients and customers. These and other factors are identified and more fully explained under the heading "Risk Factors" in the company's periodic reports filed with the Securities and Exchange Commission.
Altus HealthCare IncorporatedCONTACT: For general and investor information: Kevin Holmes, ChesapeakeGroup, +1-410-825-3930, Fax: +1-410-825-5560, eMail: mfmngr@aol.com, forAltus HealthCare Incorporated
