RIDGELAND, Miss., Aug. 15, 2005 (PRIMEZONE) -- Knobias, Inc. (OTCBB:KNBS) announced today that it has selected UCI Medical Affiliates Inc. (OTCBB:UCIA) as the SPOT of the week in the Knobias Small-Cap "ClipReport."
UCI Medical Affiliates, Inc. provides non-medical management and administrative services for a network of 45 freestanding medical centers, 44 located throughout South Carolina (30 as Doctors Care and 14 as Progressive Physical Therapy Services) and one Doctors Care location in Knoxville, Tenn. UCIA's centers compete on the basis of accessibility, including evening and weekend hours, walk-in care, the attractiveness of a statewide network to large employers and third-party payors.
The Bulls say:
Demanding Convenience: The "house-call" days are a distant memory and the concept of a "family doctor" is fading. Today's family demands high-quality health care, but on THEIR schedule. UCIA'a business model is built around convenient, quality health care. Its growth reflects success in meeting the demands of today's non-stop world. Patient encounters in 2004 increased almost 8 percent to 506,000 from 2003. Since 2002, UCIA has increased its number of centers from 36 to 44.
The Bears say:
Troubled Past: On October 20, 1998, UCIA was delisted for trading on the Nasdaq Smallcap Market. On November 2, 2001, UCIA filed a voluntary petition for reorganization under Chapter 11. By August 8, 2002, the bankruptcy court confirmed UCIA's reorganization plan and the company emerged from Chapter 11 protection but continues to make payments to creditors.
The "ClipReport" is a daily newsletter distributed FREE to anyone interested in proprietary news and insight concerning small-, micro- and nano-cap stocks. Each week Knobias independently chooses one company to be highlighted in the SPOT. To qualify for selection, each company must: 1) trade on the Nasdaq National Market, Nasdaq Smallcap Market, Amex, OTCBB or Pink Sheets; 2) have a market cap of less than $250 million; 3) have annual revenues greater than $1 million, 4) have a closing share price greater than five cents, and 4) have average daily volume of at least 10,000 shares. Knobias is never compensated for SPOT selections, and NO position will be held in SPOT stocks by Knobias, its management or staff while the stock is being highlighted.
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Forward-Looking Safe Harbor Statement
To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties. Knobias assumes no obligation to update any of the forward-looking statements in this release.