HOUSTON, Sept. 27, 2004 (PRIMEZONE) -- Linda Putback Bean, President of Pediatric Prosthetics Inc. stated: "This is a critical turning point for our company. Demographics indicate that a full one-third of the infants and children needing our help across the country may be covered under Medicare and/or Medicaid of the several states. It is so wonderful to now be able to fully extend our services to these children and their families."
"More than anything," she continued, "I think it speaks to the professionalism of our people, from the lady who deals with the stringent reporting and claims processing requirements to our lab techs and to the quality of the Prosthetists here."
Kenneth Bean, VP Operations: "From a business point of view, it is a huge step forward. Imagine if you will, any company receiving a 50 percent potential increase in its insured prospects pool, literally over night. We were alerted by the Medicare people that our certification number had been assigned. Now we have it in hand, and expect to have the follow up Texas Medicaid approval within two weeks or so."
Statements made in this press release are forward-looking statements. Investors are cautioned that forward-looking statements are uncertain. Actual performance and results may differ materially from that projected or suggested due to certain risks and uncertainties, including, without limitation, risks associated with operations, the availability of capital on a reasonable term and the effects of government regulations and operations risks. The forward-looking statements contained herein reflect the Company's judgment as of the date of this release, and the Company cautions readers not to place undue reliance on these statements.