Medical Connections Holdings, Inc. Looks At Bright Future
February 18 2010 - 4:45PM
Business Wire
Medical Connections Holdings, Inc. (OTCBB:MCTH) one of the
nation’s fastest growing healthcare staffing companies specializing
in allied health, nurse and physician staffing and recruiting
services announced today that the Company sees significant growth
potential within a healthy M&A healthcare sector.
After much due diligence, Company management has found that in
2009 healthcare M&A had its second best year in this decade.
Healthcare acquisitions comprised 13% of all completed transactions
in terms of value, behind only the financial sector at 21%.
Medical Connections President, Anthony Nicolosi, commented, "We
have made it clear to our shareholders that we are committed to
growing Medical Connections through strong acquisitions. Medical
Connections Holdings will continue its due diligence on several
acquisitions we are exploring. We remain committed to keeping our
shareholders informed as events continue to unfold. Please standby
for further updates on acquisitions and our plans to move to a
larger exchange.”
Medical Connections, Inc. is a fast growing early stage
national provider of medical recruitment and staffing services.
Established in 2002 to satisfy the increasing need for highly
qualified healthcare professionals, the Company’s business is to
identify, select and place the industries most talented healthcare
specialists, nurses, pharmacists, physicians and hospital
management executives. The Company provides recruiting and staffing
services for permanent and contract positions, leaving options for
both clients and candidates to decide the optimal formula for
working together.
"Safe Harbor" Statement under the Private Securities Litigation
Reform Act of 1995: This press release contains forward-looking
statements (within the meaning of Section 27a of the Securities Act
of 1933 and Section 21e of the Securities Exchange Act of 1934)
regarding us and our business, financial condition, results of
operations and prospects. Forward-looking statements in this report
reflect the good faith judgment of our management and the
statements are based on facts and factors as we currently know
them. Forward-looking statements are subject to risks and
uncertainties and actual results and outcomes may differ materially
from the results and outcomes discussed in the forward-looking
statements. Actual results could differ materially from those
projected in the forward-looking statements, as a result of either
the matters set forth or incorporated in this report generally or
certain economic and business factors, some of which may be beyond
the control of Medical Connections. These factors include adverse
economic conditions, entry of new and stronger competitors,
inadequate capital to support our operations, projections of
revenues and profitability. Readers are urged not to place undue
reliance on these forward-looking statements which speak only as of
the date of this press release. We undertake no obligation to
revise or update any forward-looking statements in order to reflect
any event or circumstance that may arise after the date of the
press release.
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