SafeGuard Signs Agreement with CaliforniaKids Healthcare Foundation
ALISO VIEJO, Calif.--(BUSINESS WIRE)--Sept. 25, 2003--SafeGuard Health Enterprises, Inc. (OTC Bulletin Board: SFGD) today announced the signing of a contract with the CaliforniaKids Healthcare Foundation to provide dental services to 22,000 children located throughout California effective November 1, 2003. The terms of the contract were not disclosed.
CaliforniaKids Healthcare Foundation was founded in 1992 with the mission to provide uninsured children access to basic healthcare services. CaliforniaKids is an independent non-profit organization that provides premium-subsidized, comprehensive primary healthcare services to children ages 2 through 18. It is a broad-based community program partnering with corporations, private industry, foundations, healthcare providers and community organizations. CaliforniaKids has served more than 60,000 children who are not eligible for government-sponsored healthcare programs and whose parents cannot afford the cost of private medical insurance.
James E. Buncher, SafeGuard's president and chief executive officer, said, "We are pleased to be able to join forces with CaliforniaKids to provide dental coverage to these 22,000 children living in California, the state where we are headquartered. Without the efforts of the CaliforniaKids Healthcare Foundation these children would not receive even the basic healthcare that they need and deserve. We are very fortunate to have the opportunity to partner with an organization with such an excellent reputation for providing a valuable service to children in California. We are honored to be able to give something back to the community."
SafeGuard Health Enterprises, Inc. is committed to the dental and vision business, with nearly 30 years' experience. The Company provides dental HMO, PPO, indemnity and ASO products as well as vision benefit plans to approximately 825,000 members primarily in
California, Florida and Texas. For more information, visit SafeGuard's web site at www.safeguard.net.
SafeGuard notes that statements contained in this news release that are not based on historical facts are forward-looking statements, and as such, are subject to uncertainties and risks that could cause actual results to differ materially from those projected or implied by such statements. These risks, contingencies and uncertainties, many of which are beyond SafeGuard's control, include those risk factors that are set forth in SafeGuard's Annual Report on Form 10-K for the year ended December 31, 2002, the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2003, and the Company's Current Reports on Form 8-K, on file with the U.S. Securities and Exchange Commission.
CONTACT: SafeGuard Health Enterprises, Inc.
James E. Buncher, 949-425-4100
