NEW YORK, July 20 /PRNewswire-FirstCall/ -- MT Ultimate Healthcare (OTC Bulletin Board: MTHC), an emerging healthcare staffing and services provider, announced today that it has signed a letter of intent to acquire MJ Enterprises of Sarasota, Inc., dba Nurses And Nannies, a locally owned home health company established in 1997, providing quality care and supplemental staff relief. According to the terms of the agreement, MT Healthcare will acquire 100% of the Company and Nurses and Nannies will become a subsidiary of the company.
MT Ultimate Healthcare President and CEO MacDonald Tudeme said, “This important acquisition allows for access to a host of established clientele and providers in the Florida area and has the potential to rapidly produce top- line improvements for MT Healthcare.”
Tudeme continued, “Last year, Nurses And Nannies sales topped $733,296.00. With the infrastructure already created by MT Ultimate Healthcare, Nurses And Nannies can be expected to rapidly contribute at least $1 million in sales over the next year.”
Nurses And Nannies is an established care provider in the Sarasota, Florida area, providing clients with superior quality medical related services in compliance with all regulatory requirements.
About Nurses And Nannies
Nurses & Nannies opened for business in March of 1997. They are a locally owned and operated Nurse Registry, servicing Manatee, Sarasota, and Charlotte counties. The company is a combination of healthcare specialists with a combined tenure of over 40 years. The staff of Nurses & Nannies is unique in that they can provide specialized care from birth through the golden years. The Company is committed to providing only quality care from Companions, Certified Nursing Assistants (CNAs), Home Health Aides, Licensed Practical Nurses (LPNs) and Registered Nurses (RNs). They are able to provide supplemental staff relief to area nursing homes, hospitals, and assisted living facilities, as well as private duty home care to clients in the tri- county area. Nurses and Nannies is highly respected in the business community, having developed a reputation of high standards. The office staff consists of a full time Administrator, Patient Services Coordinator, Human Resources Coordinator, RN Clinical Director, as well as RN Case Managers. After hours they have a Patient Services Coordinator, and a Registered Nurse available for emergencies.
More information can be found at: http://www.nursesandnannies.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 Healthcare
CONTACT: MacDonald Tudeme, President and CEO of MT Ultimate Healthcare,+1-718-943-3400, mac@mthealthcare.com
