Crain's List Names Arcadia Resources as the Largest Home Health Care Provider of 2005
16 6월 2006 - 12:21AM
PR Newswire (US)
SOUTHFIELD, Mich., June 15 /PRNewswire-FirstCall/ -- Arcadia
Resources, Inc. (OTC:ACDI) (BULLETIN BOARD: ACDI) , a leading
national provider of home care and staffing services, mail order
pharmacy, respiratory and durable medical equipment, announced
today that Crain's Detroit Business named Arcadia the #1 Largest
Home Health Care Provider of 2005 Ranked by Revenue in its June 12,
2006 issue. Crain's Detroit Business ("Crain's") is metro Detroit's
leading business publication. Published weekly for upper-level
executives and business owners, Crain's includes award winning
coverage, industry rankings and "who's who" listings. With $105.3
million in total revenues for the fiscal year ended March 31, 2005,
Arcadia outpaced 19 competing national home health care providers
in annual revenues, percentage change in net revenues, total number
of field staff, and total number of patients in the year 2005. To
view the complete Crain's List online, go to:
http://www.nfnonline.com/acdi . Arcadia Resources, Inc. Chairman
and CEO John Elliott II said, "In 2005, we began to see the
positive results of our internal and external growth strategies, in
terms of revenues, geographic expansion, and number of patients
served. We are honored to be recognized on Crain's List for our
achievements. On the heels of our announcement that we are
executing a new business line, retail health care clinics, Arcadia
expects to report even greater revenue and operational improvements
throughout 2006." About Crain's Detroit Business Crain's Detroit
Business is metro Detroit's leading business publication. First
published in 1985, Crain's Detroit Business is the only local
weekly business publication providing late-breaking news covering
industries such as manufacturing, technology, real estate, health
care and financial services. In fact, 95 percent of Crain's
subscribers tell us they get news and information from Crain's they
can't get anywhere else. We have over 36,000 paid subscribers and
total readership of approximately 150,000. For more information,
visit http://crainsdetroit.com/ . Crain's Detroit Business is
published by Crain Communications, Inc., visit them online at
http://www.crain.com/ . About Arcadia Resources, Inc. Arcadia
Resources, Inc. operations include home health care services; non-
medical and medical staffing, including travel nursing; provision
of respiratory and durable medical equipment to patients in the
home; a full service mail-order pharmacy; and a mail-order catalog
of home health care- oriented products. The Company's comprehensive
solutions help organizations operate more effectively and with
greater flexibility, while enabling individuals to manage illness
and injury in the comfort of their own homes. For more information,
visit: http://www.arcadiaresourcesinc.com/ . For investor
inquiries, contact Geoffrey Eiten, Investor Relations, National
Financial Network, 781-444-6100 x613, . See also
http://www.nfnonline.com/acdi . Any statements contained in this
release that are not historical facts are forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21A of the Securities Exchange Act
of 1934, as amended, if applicable to the Company, and otherwise
within the meaning of court opinions construing such
forward-looking statements. The Company claims all safe harbor and
other legal protections provided to it by law for all of its
forward-looking statements. Forward-looking statements involve
known and unknown risks, estimates, uncertainties and other
factors, which could cause actual financial or operating results,
performances or achievements expressed or implied by such
forward-looking statements not to occur or be realized, including
our estimates of consumer demand for retail store health clinic
services, required capital investment, build-out schedules,
competition, and other factors. Actual results may differ
materially from those anticipated or implied in the forward-looking
statements, which speak only as of the date hereof. Additional
information that could materially affect the Company may be found
in the Company's filings with the Securities and Exchange
Commission. The Company disclaims any obligation to update or alter
its forward-looking statements, except as may be required by law.
DATASOURCE: Arcadia Resources, Inc. CONTACT: Investor inquiries:
Geoffrey Eiten, Investor Relations of National Financial Network,
+1-781-444-6100 x613, Web site: http://www.arcadiaresourcesinc.com/
http://www.nfnonline.com/acdi http://crainsdetroit.com/
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