YONKERS, N.Y., June 8, 2005 (PRIMEZONE) -- Comprehensive HealthCare Solutions, Inc. (OTCBB:CMHS) is pleased to announce that it has received interest from two other sizeable counties in the State of Pennsylvania regarding the utilization and distribution of its discount prescription card for their residents.
As a result of Comprehensive's delivery of 300,000 discount prescription cards to the Luzerne County, PA, Commissioner's Office last month, and the related press conference that followed, the company has received new inquiries from other counties and municipalities. The press conference, which took place on May 11, 2005, was attended by many Luzerne County residents and officials as well as members of the local media. Since that date, other county governments in Pennsylvania have expressed interest and/or had meetings with Comprehensive to consider providing Comprehensives discount prescription card to benefit their county residents.
John Treglia, Chairman and CEO of Comprehensive stated, "We are delighted with the number of inquiries from other municipal governments and commercial companies about our other discount medical programs as well as our discount prescription card. We continue to have meetings with unions, colleges and various other potential new clients. We are optimistic that the current interest, apparently prompted by the Luzerne County contract, will assist us in signing additional agreements over the weeks and months ahead. I feel confident that Comprehensive will be able to grow its business based on these current and potential future events."
Mr. Treglia went on to say, "Through a series of recent meetings with political and consulting contacts in Pennsylvania and New York we expect many more municipal governments will be using some form of a discount prescription card and/or other discount medical benefit programs. Baltimore, MD, the 12th largest city in the United States, recently provided a discount prescription card program, which is similar to ours, for their residents. We believe this is just the beginning of what will occur across the country."
Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This press release contains forward-looking statements regarding the intent, belief or current expectations of the Company and members of its senior management team. While the Company believes that its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Factors that would cause actual results to differ materially from those contemplated within this press release include but are not limited to, those associated with general business conditions; client concentration; dependence on network providers; the timely and efficient implementation of customer contracts; developments in health care reform and other regulatory issues and changes in laws and regulations in key states where the Company operates; future capitol needs; control by directors and officers; and the loss of key management personnel. Readers are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this release. The Company disclaims any obligation to publicly update or revise any forward-looking statements contained herein to reflect events or circumstances occurring after the date of this release or to reflect the occurrence of unanticipated events.