Forterus Healthcare to Acquire Solutions 4 Recovery
22 January 2009 - 11:30PM
PR Newswire (US)
HUNTINGTON BEACH, Calif., Jan. 22 /PRNewswire-FirstCall/ --
Forterus Healthcare, a division of Forterus Inc. (OTC:FTER)
(BULLETIN BOARD: FTER) , today announced that it has acquired
Solutions 4 Recovery, a Dana Point, Calif.-based drug and alcohol
treatment center. The acquisition is expected to close Feb. 1 2009
Forterus Healthcare will operate Solutions 4 Recovery as a wholly
owned subsidiary of Forterus, Inc. Solutions 4 Recovery is the
second behavioral health care acquisition made by Forterus Inc. the
last six months, the first being A Better Tomorrow Treatment Center
Inc. "Our plan for stable, continuous growth is well under way,"
stated Jerrod Menz, vice president of Forterus Healthcare.
"Solutions 4 Recovery is already well known in the Orange County
area and has hundreds of clients," said Paul Howarth, CEO of
Forterus, adding that the acquisition of the six-year-old treatment
center enables the company's healthcare division to expand its
services to the coast without having to start from scratch. "This
acquisition increases our ability to capture clients in the Orange
County-San Diego area," Howarth said. "It also helps with our
general marketing efforts, since we can now offer clients more
choices in terms of where they want to be treated in Southern
California." Once the acquisition is closed, Forterus Healthcare
will operate one of the largest drug and alcohol treatment programs
in Southern California. Forterus Inc. and its subsidiaries engage
in diverse business activities, including behavioral healthcare,
intervention services, drug and alcohol rehabilitation, pain
management, physical therapy, finance as well as thoroughbred
breeding and racing. For more information about Forterus, Forterus
Healthcare, A Better Tomorrow or Solutions 4 Recovery, please visit
their respective websites at http://www.forterushealthcare.com/,
http://www.solutions4recovery.com/ and http://www.abttc.com/.
Application of the Safe Harbor of the Private Securities Litigation
Reform Act of 1995: This press release contains, and Forterus may
from time to time make, written or oral 'forward-looking
statements' within the meaning of the U.S. federal securities laws,
which are made pursuant to the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. All
forward-looking statements rely on a number of assumptions
concerning future events and are subject to a number of
uncertainties and other factors, many of which are outside
Forterus's and/or its subsidiaries control that could cause actual
results to differ materially from such statements. In particular,
statements using words such as 'may,' 'should,' 'estimate,'
'expect,' 'anticipate,' 'intend,' 'believe,' 'predict,'
'potential,' or words of similar import generally involve
forward-looking statements. Paul Howarth, CEO, Forterus Inc. (888)
257-8345 DATASOURCE: Forterus Inc. CONTACT: Paul Howarth, CEO of
Forterus Inc., 1-888-257-8345, Web Site: http://www.abttc.com/
http://www.forterushealthcare.com/
http://www.solutions4recovery.com/
Copyright