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Microcap & Penny Stocks : Kaire Holdings - $0.50 stock- $3 to $4 Book Value -- Ignore unavailable to you. Want to Upgrade?


To: hobo who wrote (1637)7/11/2003 6:08:07 PM
From: Tadsamillionaire  Respond to of 1640
 
Kaire Holdings Pharmacy Services Group Reports Second Quarter Sales Increase of 26%
Thursday July 10, 9:00 am ET

LOS ANGELES, CA--(MARKET WIRE)--Jul 10, 2003 -- Kaire Holdings, Inc (OTC BB: KAHI) Pharmacy Services Group reports estimated second quarter sales of $271,400, an increase of approximately 26% over the preceding quarter.Kaire CEO Steven Westlund commented, "The sales increase is the result of signing 16 new Residential Board & Care facilities to our long term care program. It also marks the second consecutive quarterly increase for the company. Overall, pharmacy sales have increased approximately 43% since January 2003. Looking ahead, we expect to achieve our goal of 200 new beds during the third quarter, and 250 more during the fourth quarter of 2003."

Westlund added, "We have also just completed an upgrade of our electronic billing and data systems. This will allow for efficient high volume claims processing that will be needed to manage the increase in sales volume in the coming months."

ABOUT KAIRE

Kaire Holdings, Inc provides specialized support services to small medical and health care companies and their employees and clients, and specialized pharmacy programs and services to patients and administrators of residential board and care facilities. Kaire delivers its products and services across the nation through a growing network of integrated subsidiary companies structured to facilitate the cross marketing of goods of services. Each of the programs and services are particularly tailored to the needs of the target market.

This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (the "ACT"). In particular, when used in the preceding discussion, the words "estimated," "believe," "optimistic," "expect," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the ACT and are subject to risks and uncertainties, and actual results could differ materially from those expressed in forward looking statements. Such risks and uncertainties include, but are not limited to, unfavorable market conditions, increased competition, limited working capital, and failure to implement business strategies, actions by regulatory agencies, and other risks.

Contact:
Contact: Steven Westlund
Company: Kaire Holdings
Voice: 818-255-4996

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Source: Kaire Holdings Inc
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