NQCI National Quality Care Inc. Message Board

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Microcap & Penny Stocks : NQCI National Quality Care Inc.

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Apr 18 5:00 PM EST

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To: Tensane 1 who wrote (224)	12/8/1998 10:05:00 AM
From: JanyBlueEyes	of 254

News - Contracts with 2 Hospitals National Quality Care Signs Agreements With Two New Hospitals LOS ANGELES--(BUSINESS WIRE)--Dec. 8, 1998--National Quality Care Inc.(OTC BB:NQCI) Tuesday announced that it has executed contracts to provide acute inpatient dialysis in two hospitals in Los Angeles County. The two hospitals have a combined total of more than 400 beds. The company estimates that revenues derived from those contracts will increase its gross sales six percent on an annualized basis. Victor Gura, M.D., president and CEO said: "These two additions to our growing list of hospitals is in keeping with our effort to expand our volume of business in different areas in California. This increment in business comes with no need for infusion of capital into the company, which will result in an increased return on equity for the shareholders." Established in 1996, National Quality Care, parent of Los Angeles Community Dialysis Inc. which has been in operation since 1985, is a provider of dialysis and related services. Forward-looking statements in this news release are necessarily subject to risks and uncertainties........ CONTACT: National Quality Care Inc., Los Angeles Ron Berkowitz, 310/280-2750 or Worldwide Corporate Finance Michael M. Markow, 818/783-0054

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