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London & Pacific Healthcare CEO Announces Expanded Vision for Company
Thursday, July 30, 2009 7:11 AM


Strategic Acquisitions and Expanded Service Capabilities Are Expected

LONDON & PACIFIC HEALTHCARE, INC. (PINK SHEETS: LDPH) (FRANKFURT: EGU) (“London & Pacific” or the “Company”), the international healthcare advisory specialist, today announced that it intends to broaden its core healthcare advisory and investment focus to include corporate finance, hospitality and other strategically complementary sectors.

Chairman and CEO Stuart Bruck stated, "London & Pacific has advised healthcare service firms internationally for over three years, participating in a variety of profitable projects during that time. Our engagements and projects are often paired with additional revenue opportunities that require non-healthcare related expertise, such as a hospital expansion project coupled with real estate development and/or leaseback financing.

"Although these projects require execution capabilities in a number of industry sectors, most advisory firms are not qualified to manage such opportunities because they lack experience in the overlapping industry specialties.

"We recognize that there are tremendous revenue-earning opportunities in corporate finance and non-healthcare related advisory engagements that present themselves to us because of our experience and relationships with senior executives. To that end, London & Pacific is actively seeking to broaden its service offering to capture a wider array of high-value transactions, increase its revenues and profitability, and grow shareholder value.

"Expanding our service capabilities into complementary industries ensures our clients a cost-effective and integrated solution to their overlapping industry needs. In turn, our access to revenue-producing projects is greatly increased due to our ability to service clients across multiple industries."

London & Pacific is considering several strategic acquisitions in complementary industry sectors for a greater diversity of revenue streams, increased profitability, and the various service capabilities the acquisitions would necessarily contribute. The Company is currently involved in advanced discussions with two entities regarding near-term acquisition of their respective businesses.

London & Pacific expects both its revenues and profits to respond positively to this new direction due to increased efficiencies in its current businesses, as well as any acquisitions; shared use of facilities; current contracts that require industry specialization outside of the healthcare realm into which acquisitions can readily assume responsibilities; and the centralization of its regulated corporate finance functions in the US, UK and worldwide.

Commenting further on the Company’s growth, Mr. Bruck stated, "I am pleased and confident with this expanded approach. Our capability to evolve in response to great market demand is testament to one of our company's greatest strengths: our ability to create profitable, cost-effective solutions for company growth. This service expansion should provide us with improved access to high-value projects. It should also significantly broaden our client base and increase shareholder value from diversified revenue streams and greater profits."

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. The information in this news release includes certain forward-looking statements that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, successful performance of internal plans, product development acceptance, and the impact of competitive services and pricing and general economic risks and uncertainties.

Acadia Group, Inc.
Dana M. Smith, Investor Relations
801-816-2568
ir@acadiagrp.com

(Source: Business Wire )


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