OSSI .025.Had news after close yesterday.Also news several days ago.About Revenues of Terms of the contract are perpetual
with a 30-day notification by either party for termination. The Company expects
this contract to generate over $125,000 per month in new revenues.
(COMTEX) B: OSF S & E Presents Friday Night Fights With Grand Casino Coush
tta
B: OSF S & E Presents Friday Night Fights With Grand Casino Coushatta
HOUSTON, Mar 17, 2004 (BUSINESS WIRE) -- OSF Sports & Entertainment Inc., a
wholly owned subsidiary of OSF Inc. (OTC:OSSI), a publicly traded company, has
secured a major sponsorship from Grand Casino Coushatta of Kinder, La., for its
March 19, 2004 boxing promotion to be held at the OSF's International Ballroom
in Houston, Texas.
"With sponsorships such as the Grand Casino Coushatta in place, this really puts
us in the position that we want to be in as far as bringing good quality boxing
to the City of Houston, as well as putting us in the position of increasing our
shareholders value," stated Lloyd Broussard, CEO of OSF Inc. Grand Casino
Coushatta promotes boxing and other sporting events in the Kinder, La., area.
With sponsorships and the proper advertising, OSF feels that it can now
accomplish every goal set for this sporting event. Our goal is to make a good
showing for our public, deliver a quality product, to gain recognition in the
fight business and to increase our shareholder value. OSF was able to accomplish
three of their four goals in its previous fight promotion of Dec. 19, 2003.
OSF Inc. is the parent company of OSF Sports & Entertainment, OSF Financial
Services Inc. and OSF Healthcare Services Inc. OSF's philosophy is to be
diversified in the market so that we are protected if ever a slump occurs.
This news release contains forward-looking statements that involve risks,
uncertainties and assumptions. All statements other than statements of
historical fact are statements that could be deemed forward-looking statements.
Risks, uncertainties and assumptions include the possibility that the market for
the sale of certain products and services may not develop as expected; that
development of these products and services may not proceed as planned; and other
risks that are described from time to time.
SOURCE: OSF Inc.
CONTACT: OSF Inc., Houston
Lloyd P. Broussard, 832-251-8500
or
Winfred Fields, 832-251-8500
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Copyright (C) 2004 Business Wire. All rights reserved.
(COMTEX) B: OSF Healthcare Services Inc. Lands Contract via Subsidiary
B: OSF Healthcare Services Inc. Lands Contract via Subsidiary
HOUSTON, Mar 15, 2004 (BUSINESS WIRE) -- OSF Healthcare Services Inc., a wholly
owned subsidiary of OSF Inc. (OTC:OSSI), a publicly traded company, has secured
a contract through its wholly owned subsidiary, Healthcare International Inc.,
with Vista Community Medical Center, located in Pasadena, Texas.
Healthcare International Inc. will provide physical and occupational therapy
services at Vista Community Medical Center where there are ill and disabled
persons admitted for therapy care services. Terms of the contract are perpetual
with a 30-day notification by either party for termination. The Company expects
this contract to generate over $125,000 per month in new revenues.
"With this contract in place, it really puts OSF Healthcare Inc. ahead of its
plan of being able to generate revenues substantial enough to provide a return
on investment for OSF Inc.'s shareholders," stated Winfred Fields, president of
OSF Healthcare Inc.
Since acquiring Healthcare International Inc. in December 2003, OSF Healthcare
Services Inc. has generated more than $160,000 in medical billing. The greatest
percentage of overall revenues has occurred in the most recent thirty days. OSF
HCS Inc. has recently discovered billing errors and has re-billed over $100,000
from earlier services that had already been performed.
"This re-billing gives me the confidence that we are putting the proper systems
in place so that we are able to not just collect our receivables but making sure
that we properly bill for services that are being performed," stated Winfred
Fields, president, OSF Healthcare Services Inc. With a more efficiently run
healthcare services division, OSF HCS Inc. is looking forward to having
sustained growth from this division.
This news release contains forward-looking statements that involve risks,
uncertainties and assumptions. All statements other than statements of
historical fact are statements that could be deemed forward-looking statements.
Risks, uncertainties and assumptions include the possibility that the market for
the sale of certain products and services may not develop as expected; that
development of these products and services may not proceed as planned; and other
risks that are described from time to time.
SOURCE: OSF Inc.
CONTACT: OSF Inc., Houston
Lloyd P. Broussard, 832-251-8500
or
Winfred Fields, 832-251-8500
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
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KEYWORD: TEXAS
INDUSTRY KEYWORD: MEDICAL
MARKETING
AGREEMENTS
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