LINTHICUM, Md. and HIALEAH, Fla., March 15, 2005 (PRIMEZONE) -- Dialysis Corporation of America (NASDAQ:DCAI) and Medicore, Inc. (NASDAQ:MDKI) jointly announced that they have agreed to terms whereby Medicore, Inc., which owns 57% of Dialysis Corporation of America (“DCA”), will merge into DCA for a total consideration of approximately 5,289,000 shares of DCA common stock. Upon completion of the merger, each Medicore shareholder will receive .68 shares of DCA common stock for each share of Medicore common stock, Medicore’s current 57% ownership of DCA will be retired, and the aggregate outstanding shares of DCA will be approximately 9,000,000 shares of common stock.
