 |
|
Arcadia Resources Leases Space Inside of Wal-Mart to Expand Durable Medical and Respiratory Equipment Consumer Sales
SOUTHFIELD, MI, August 2, 2006 -- Arcadia Resources, Inc. (AMEX: KAD), a national provider of home care services and products, including respiratory and durable medical equipment (DME), announced today that it has leased space within a Wal-Mart store in St. Petersburg, Florida to expand its direct-to-consumer sales channels. Located inside the Wal-Mart at 3501 34th Street South, the Arcadia-branded store will sell its full line of DME and respiratory equipment, including sleep apnea equipment, nebulizers, and other in-home health care products, in addition to more than 1,000 patient safety items and mobility devices ranging from wheelchairs, scooters, stairway lifts and walkers, to orthopedic support, bathroom safety items and adjustable beds.
Chairman and CEO of Arcadia John E. Elliott II stated, “We expect to continue to expand our direct-to-the-consumer sales of DME through retail channels and the establishment of walk-in medical clinics. These platforms are natural extensions of our core business and leverage our greatest asset, our people.”
About Arcadia Resources
Arcadia Resources, Inc. is a national provider of home care services and products, including respiratory and durable medical equipment; non-medical and medical staffing, including travel nursing; a mail-order pharmacy; and catalog of health care-oriented products, also available for purchase on www.arcadiahomehealth.com and other leading retailer websites. Through industry partnerships, the Company is also establishing walk-in routine (non-emergency) medical clinics inside of supercenter-type retail stores. Arcadia’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 or through the convenience of local health care sites. For more information on the Company, visit: www.arcadiaresourcesinc.com.
Contact: Tracey Wolf of Arcadia Resources, Inc. at 239-434-8884 x 201.
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.
Return to Top of Page
Return to Home Page
|
|
