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Summit Dental Clinics Inc. Signs LOI With Royal York Plaza Dental TORONTO--(MARKET WIRE)--Sep 3, 2008 -- Summit Dental Clinics Inc. (Other OTC:SUMM.PK - News) is
pleased to have entered into a letter of intent (LOI) to
acquire Royal York
Plaza Dental. Royal York Plaza Dental is an established practice operating for approximately 20 years within the community. The clinic features three operatories and has a hygiene program in place. "This new addition will complement our current direction of objectives from our company, and so far we are pleased with what we have seen. Royal represents an excellent strategic fit with Summit in that both companies share a strong commitment to a value-added, full-service approach to the dental marketplace" (Dr. A. Gupta, Summit Dental's President). The Company will release further information once it becomes available. For further updates and information please refer to our website at www.summitdentalclinic.com. About Us Summit Dental Clinics Inc. is a publicly traded business services organization (SUMM) that aims to serve as a network of dental offices marketed under the name of Summit Dental Clinics Inc. Our goal is simple, to become one of the largest providers of high quality, comprehensive Dental care in North America. We strive to create a professional practice environment and to achieve high levels of patient satisfaction, to maintain first class dental facilities, and to create an organization that will endure and bring shareholder value. This will be accomplished by the use of our resources to enhance the growth and success of our acquired clinics/practices. We develop newly acquired practices by assisting with organizational planning and development, facilities development and management, and the procurement of information systems and practice technologies. Cautionary Statement Regarding Forward-Looking Information: Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements. Contact: For further information, contact:
Karen Willoughby
Investor Relations
Phone: 1-866-365-4724
Source: Summit Dental Clinics Inc.
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