Forterus Healthcare Continues Its Southern California Expansion, Completing Its Second Acquisition in Six Months
February 17 2009 - 7:30AM
PR Newswire (US)
HUNTINGTON BEACH, Calif., Feb. 17 /PRNewswire-FirstCall/ --
Forterus Healthcare, a division of Forterus Inc. (OTC:FTER)
(BULLETIN BOARD: FTER) , today announced the completion of its
acquisition of Solutions 4 Recovery Inc., a Dana Point,
Calif.-based drug and alcohol treatment center, effective Feb. 2nd.
Forterus Healthcare is now transferring the assets of Solutions 4
Recovery to a new company, Dana Point Recovery Inc., which will
serve as Forterus Healthcare's Orange County division. Solutions 4
Recovery is the second behavioral health care acquisition made by
Forterus Inc. in the last six months, the first being Murrieta,
Calif.-based A Better Tomorrow Treatment Center Inc., which now
serves as Forterus Healthcare's Riverside County division.
"Forterus Healthcare now has two separate divisions to help us grow
our behavioral healthcare practice in the Southern California
market," said Forterus CEO Paul Howarth. Dana Point Recovery's
market expansion is being jointly managed by Forterus President
Jerrod Menz, CADCA, and Forterus General Counsel and Administrative
Director Wade Mezey. Menz previously held management positions at
Chapman House in Orange, where he served as vice president of
marketing, and Witts Inn in Dana Point, where he was operations
manager. Mezey is a Georgetown University graduate whose financial
and legal expertise has helped Forterus Healthcare become one of
the fastest growing drug and alcohol treatment providers in
Southern California. For more information about Forterus, Forterus
Healthcare, A Better Tomorrow or Dana Point Recovery, please visit
their respective websites at http://www.forterushealthcare.com/,
http://www.abttc.com/ and http://www.danapointrecovery.com/. A
television commercial for A Better Tomorrow can also be viewed at
http://www.youtube.com/watch?v=lqgj7uFJyqQ. Forterus Inc. and its
subsidiaries engage in diverse business activities, including
behavioral healthcare, intervention services, drug and alcohol
rehabilitation, pain management, physical therapy, finance as well
as thoroughbred breeding and racing. Application of the Safe Harbor
of the Private Securities Litigation Reform Act of 1995: This press
release contains, and Forterus may from time to time make, written
or oral 'forward-looking statements' within the meaning of the U.S.
federal securities laws, which are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
All forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of
uncertainties and other factors, many of which are outside
Forterus's and/or its subsidiaries control that could cause actual
results to differ materially from such statements. In particular,
statements using words such as 'may,' 'should,' 'estimate,'
'expect,' 'anticipate,' 'intend,' 'believe,' 'predict,'
'potential,' or words of similar import generally involve
forward-looking statements. Source: Paul Howarth, CEO, Forterus
Inc. (888) 257-8345 DATASOURCE: Forterus CONTACT: Paul Howarth,
CEO, of Forterus Inc., 1-888-257-8345,
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