CORAL SPRINGS, FL--(Marketwired - November 05, 2013) - Union Dental Holdings, Inc. (UDHI) www.uniondental.com/ir -- a provider of multi-state dental services for union members and the exclusive distributor to dentists of Drinkable Air's Chameleon 8 line, announced today as a part of its Joint Venture Agreement with Drinkable Air (DA) that the Chameleon 8 Atmospheric Water Generator (AWG) is being sold in Florida exclusively to dentists offices by Henry Schein. Henry Schein is a component of the NASDAQ 100 and is #296 in the Fortune 500 list of largest corporations.
The product technology has been featured at the American Dental Association (ADA) National Convention in New Orleans on October 30 through November 2 and was recently voted by the readers of Dentistry Today as one of the Top 50 Technology Products for 2013.
Dr. George Green, CEO of UDHI stated: "I have realized for many years this is a problem in dental offices and I am extremely excited about this product being test marketed in Florida by Henry Schein. While Union Dental holds the exclusive rights from Drinkable Air to market the Chameleon product line to dentists; we believe that Henry Schein can sell the Chameleon 8 line more efficiently and effectively to this market. With Henry Schein salespeople already calling on dentists regularly, receiving an override will be more profitable to our bottom line. We also deal with salespeople from many dental product suppliers and feel giving exclusive rights to Henry Schein in Florida to test the market before a potential nationwide roll out we have the best and most professional company representing this product.
Mr. Steve Kairis, President and CEO of Drinkable Air, Inc was involved in the transfer of these rights agreed by saying, "Drinkable Air is honored to have our Chameleon 8 line represented by such a quality company as Henry Schein Dental. While we were pleased with Dr. Green and Union Dental's progress in the dental market, it is exciting to know that salespeople who are in dentist offices everyday can present the benefits of our products to dentists. Also since all of our new patent pending equipment in Joint Venture with Union Dental have been designed and tested on Henry Schein's water delivery system, it seems a natural for future growth."
About Henry Schein, Inc.
Henry Schein, Inc. is the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. A Fortune 500® Company and a member of the NASDAQ 100® Index, Henry Schein employs nearly 16,000 Team Schein Members and serves more than 775,000 customers.
The Company offers a comprehensive selection of products and services, including value-added solutions for operating efficient practices and delivering high-quality care. Henry Schein operates through a centralized and automated distribution network, with a selection of more than 96,000 branded products and Henry Schein private-brand products in stock, as well as more than 110,000 additional products available as special-order items.
The Company also offers its customers exclusive, innovative technology solutions, including practice management software and e-commerce solutions, as well as a broad range of financial services.
Headquartered in Melville, N.Y., Henry Schein has operations or affiliates in 25 countries. The Company's sales reached a record $8.9 billion in 2012, and have grown at a compound annual rate of 17% since Henry Schein became a public company in 1995. For more information, visit the Henry Schein Web site at www.henryschein.com.
About Union Dental Holdings, Inc.
Union Dental Holdings manages a 22 operatory full service dental practice in Coral Springs, Florida. It is the exclusive supplier of Drinkable Air's patented ozone atmospheric water generators for the US dental industry and is a leading innovator for bringing bacteria free water into the dental operatory settings. Union Dental operates two wholly owned subsidiaries, Direct Dental Services and Union Dental Corp. 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.
About Drinkable-Air, Inc.
Drinkable Air, Inc. (a Florida corporation) ("DA" or "The Company") offers to the U.S. and international markets atmospheric water generators ("AWG") that enable people to enjoy pure, 99.9% clean water. The water supply is obtained from the humidity in the air and condensed, processed and purified through a patented process. Drinkable Air's Chameleon line of AWG's is a cost-effective and environmentally friendly solution to the world's ever-growing need for pure, clean drinking water. The Company's proprietary EnviroGuard System eliminates bacteria and purifies the water with an ozone process which oxygenates the water. This process keeps the water pure, fresh and great tasting at all times.
The market opportunity is vast and includes utilization in: Residential, Businesses, Commercial, Marina's, Municipalities, Industrial, Government, Humanitarian Relief and Developing Countries. The capacity of this technology to generate drinking water from air will create a point of differentiation that will serve all the indicated markets above.
"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.
- Professional Services
- Dental Care
- Henry Schein
- American Dental Association