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“Arcadia is a strong player in America's most consistently growing industries: temporary staffing and home health care.” |
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Arcadia Resources Retains OTC Financial Network for Comprehensive Investor Relations Campaign
SOUTHFIELD, MI--(MARKET WIRE)--Feb 11, 2005 -- Arcadia Resources, Inc., an industry-leading provider of healthcare staff and durable medical equipment, announced today that it has retained OTC Financial Network, a division of National Financial Communications Corp., to implement a comprehensive investor relations program.
Geoffrey Eiten, president of National Financial Communications, stated, "Health care services and products are a nearly recession proof industry offering investors tremendous upside potential. The elderly population alone is expected to grow from 35 million to 79 million by 2030, with the home health care market projected to top $193 billion, up from $41 billion, in the same time period. Through recent strategic acquisitions, a national affiliate network and diversified product offering, Arcadia is uniquely positioned to benefit from these rapid growth sectors."
Eiten added, "For the first six months of 2004, Arcadia generated $44 million in revenues. Coupled with consistent earnings, Arcadia is a standout player in the micro-cap investment community. We plan to implement a targeted outreach program that showcases the Company's strong fundamentals to an increasing number of institutional and retail investors."
John E. Elliott II, chairman and CEO of Arcadia Resources, Inc., stated, "We searched for an investor relations firm to improve our shareholder communications and overall market visibility. OTC Financial Network was selected for their expertise in representing rapidly emerging companies, such as ours. This partnership complements our business strategy to build long-term shareholder value and supports our goal to transition to a national stock exchange in the near future."
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