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Union Dental Reports Increase in 2nd Quarter and 6 Month Revenues

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CORAL SPRINGS, FL--(Marketwire - August 18, 2009) - Union Dental Holdings, Inc. (PINKSHEETS: UDHI) -- http://www.uniondental.com/ir -- a Company that operates and
manages a network of dentists throughout the United States for union
members, announced today the financial results for the quarter ending June
30, 2009. In the Consolidated Statement of earnings the Company reported a
loss of $100,113 from operations for the quarter on revenues of $769,234 as
compared to a profit of $120,494 on revenues of $740,443 during the same
period in 2008. Revenues increased 3.8% for the quarter.

For the six months ending 6/30/09 the Company reported 12.5% higher
revenues and a loss of $92,733 on revenues of $1,450,993 as compared to a
profit of $181,495 on revenues of $1,268,543 for the same period in 2008.

Dr. Green, President and CEO, commented: "We are pleased our revenues have
once again increased for the quarter and six months and our loss is
attributed to increased costs associated with stock based compensation and
consulting fees. We believe these costs to be one time and we are
cautiously optimistic with regards toward returning to profitability next
quarter."

About Union Dental Holdings, Inc., Direct Dental Services, Inc. and Union
Dental Corp.

Direct Dental Services and Union Dental Corp. are wholly owned
subsidiaries. Direct Dental Services provides dentists with "areas of
exclusivity" to participate with various unions including the
Communications Workers of America (CWA) and the International Brotherhood
of Electrical Workers (IBEW), United Association of Plumbers and Pipe
Fitters (UA) and The Association of Flight Attendants - Communications
Workers of America (AFA-CWA). Direct Dental Services receives annual
management fees from the dentists in exchange for practicing in these
"areas of exclusivity" where CWA and IBEW members use the dentists'
services. Union Dental manages a dental practice in Coral Springs,
Florida.

WEBSITE: www.uniondental.com/ir

"Safe-Harbor" Statement: Under the Private Securities Litigation Reform Act
of 1995. This press release may contain forward-looking information within
the meaning of Section 21E of the Securities Exchange Act of 1934, as
amended (the "Exchange Act"), including all statements that are not
statements of historical fact regarding the intent, belief or current
expectations of the Company, its directors or its officers with respect to,
among other things: (i) the Company's financing plans; (ii) trends
affecting the Company's financial condition or results of operations; (iii)
the Company's growth strategy and operating strategy; and (iv) the
declaration and payment of dividends. The words "may," "would," "will,"
"expect," "estimate," "anticipate," "believe," "intend," and similar
expressions and variations thereof are intended to identify forward-looking
statements. Investors are cautioned that any such forward-looking
statements are not guarantees of future performance and involve risks and
uncertainties, many of which are beyond the Company's ability to control,
and that actual results may differ materially from those projected in the
forward-looking statements as a result of various factors.

 

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