FLOWER MOUND, Texas, June 28 /PRNewswire-FirstCall/ -- American HealthChoice, Inc. announced today that it has terminated negotiations to acquire the assets of Micro Health Systems, Inc., a Florida corporation, which distributes medical infrared imaging equipment.
“The terms of the proposed agreement were not satisfactory for our Company and its shareholders,” said Dr. J.W. Stucki, American HealthChoice Chairman and CEO. “We still maintain a strategic interest in infrared medical imaging and will continue to seek appropriate opportunities with this technology.”
About American HealthChoice:
American HealthChoice is a medical services company comprised of a parent company and 30 owned and affiliated medical clinics.
Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company’s report on Form 10-KSB for fiscal year 2004 filed with the Securities and Exchange Commission on January 13, 2005.
CONTACT: Dr. J.W. Stucki, CEO American HealthChoice, Inc. 972/538-0122 x203 Paul Knopick E & E Communications 949/707-5365 pknopick@eandecommunications.com
American HealthChoice, Inc.
CONTACT: Dr. J.W. Stucki, CEO of American HealthChoice, Inc.,+1-972-538-0122, ext., 203; or Paul Knopick of E & E Communications,+1-949-707-5365, pknopick@eandecommunications.com for AmericanHealthChoice, Inc.