NEW YORK, July 8 /PRNewswire-FirstCall/ -- MT Ultimate Healthcare (OTC- Bulletin Board: MTHC), an emerging healthcare staffing and services provider, announced today that it has acquired BP Senior Care, a privately owned 24-hour care provider in New Jersey. According to the agreement, BP Senior Care will become a subsidiary of the company.
MT Ultimate Healthcare President and CEO MacDonald Tudeme said, "This important acquisition allows for us to increase our presence in the New Jersey area and access to a host of established clientele and providers."
Tudeme continued, "Last year, BP Senior Care sales topped $300,000, with $500,000 in revenues projected for 2004. With the infrastructure already created by MT Ultimate Healthcare, BP Senior Care can be expected to rapidly contribute at least $1 million in sales over the next year."
BP Senior Care is an established care provider in the New Jersey metro area, providing clients with superior quality medical related services in compliance with all regulatory requirements.
Kerri Smith, who is expected to remain president of the BP Senior Care subsidiary, said, "We are pleased to join a team with over a decade of experience in this industry. We are proud of our established reputation as a high quality provider of in-home services to senior clients, and look forward to partnering with the professionals at MT Ultimate Healthcare."
About BP Senior Care, Inc.
BP Senior Care, Inc is a quality provider of 24-hour services to senior clients in the New Jersey metro area. The Company's commitment is to providing a quality of service that is integrated into its client's overall daily lives. BP Senior Care works closely with hospitals, social workers and insurance companies and has established the highest quality of service and regulatory standards possible, with consistent improvement in mind, at a competitive price.
More information can be found at: http://www.bpseniorcare.com/ About MT Ultimate Healthcare
MT Ultimate Healthcare provides skilled, professional health care services to patients requiring in-home care. The Company also supplies supplemental staffing to hospitals, nursing homes and healthcare facilities to aid in handling excess workloads. MT Ultimate Healthcare is licensed to provide skilled healthcare services in the state of New York and provides a superior solution to healthcare staffing needs, because it provides qualified professionals on an as-needed, same-day basis and assumes all obligations of the employer. The Company is a natural source of skilled home health care assistance because of its established relationship with healthcare facilities.
For more information, visit http://www.mthealthcare.com/
Safe Harbor Statement: Statements in this press release concerning the Company's business outlook or future economic performance, anticipated profitability, revenues, expenses or other financial items, and network or service offering growth, together with other statements that are not historical facts, are "forward-looking statements" as that term is defined under the Federal Securities Laws. Any forward-looking statements are estimates, reflecting the best judgment of the party making such statements based upon currently available information and involve a number of risks and uncertainties, including the timing of any expansion of the Company's database, and other factors which could cause actual results to differ materially from those stated in such statements. Risks, uncertainties and factors which could affect the accuracy of such forward-looking statements are identified in the public filings made by the Company with the Securities and Exchange Commission, and forward-looking statements contained in this press release or in other public statements of the Company should be considered in light of those factors.
Contact: MT Ultimate Healthcare MacDonald Tudeme, President and CEO mac@mthealthcare.com 718-943-3400
MT Ultimate HealthcareCONTACT: MacDonald Tudeme, President and CEO of MT Ultimate Healthcare,+1-718-943-3400
Web site: http://www.mthealthcare.com/
