YONKERS, N.Y., April 4, 2006 (PRIMEZONE) -- Comprehensive HealthCare Solutions, Inc. (OTCBB:CMHS) announced today that it has commenced the distribution of its prescription discount cards through the national real estate franchise networks of Century 21(r), Coldwell Banker(r) and ERA(r) , each of which are owned by Cendant Corporation (NYSE:CD).
The marketing of Comprehensive's prescription discount cards to these three major real estate franchise systems was accomplished through a joint marketing effort with Financial Independence Company Insurance Services, Inc. Comprehensive had previously announced this joint marketing agreement with FICIS on May 31, 2005.
John Treglia, CEO and Chairman of Comprehensive, said, "We are extremely excited by this marketing arrangement with three of the largest real estate networks in the world. Distribution of our customized prescription discount cards began earlier in the first quarter to Century 21, ERA and Coldwell Banker real estate brokers and sales associates. We believe this will enhance Comprehensive's exposure of our other medical discount plans to the public."
To date, Comprehensive has issued a total of approximately 500,000 prescription discount cards via the Cendant real estate brand networks. Current plans also include the marketing of our dental/vision discount plan to this same population in the near future.
Comprehensive HealthCare Solutions, Inc. feels that this joint marketing effort, coupled with all the prior announcements made, solidifies the groundwork for revenue growth in 2006 and years beyond.
Forward-Looking Statements
Statements released by Comprehensive HealthCare Solutions, Inc. that are not purely historical are forward looking within the meaning of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the company's expectations, hopes, intentions and strategies for the future. Investors are cautioned that forward-looking statements involve risk and uncertainties that may affect the company's business prospects and performance. The company's actual results could differ materially from those in such forward-looking statements. Risk factors include but are not limited to general economic, competitive, governmental and technological factors as discussed in the company's filings with the SEC on Forms 10-K, 10-Q and 8-K. The company does not undertake any responsibility to update the forward-looking statements contained in this release.