TORONTO, Aug. 1 /CNW/ - Medical Facilities Corporation ("Medical
Facilities") (TSX:DR.UN), today announced that Michael Salter, Chief Financial
Officer of Medical Facilities, will be presenting at the BMO Capital Markets
2008 Focus on Healthcare Conference in New York City.
The presentation is scheduled from 10:45 am to 11:15 am (Eastern Time) on
Tuesday, August 5, 2008 at the Millennium Broadway Hotel New York. Interested
parties can access a live audio webcast of the presentation by visiting
Medical Facilities' website at www.medicalfacilitiescorp.ca. The webcast will
be available for 30 days after the conference.
About Medical Facilities
Medical Facilities owns at least 51% interests in four specialty surgical
hospitals, located in South Dakota and Oklahoma, as well as 51% interests in
two ambulatory surgery centers in California. The specialty hospitals perform
scheduled surgical, imaging and diagnostic procedures and derive their revenue
from the fees charged for the use of their facilities. The ambulatory surgery
centers specialize in outpatient surgical procedures, with patient stays of
less than 24 hours. Medical Facilities is structured so that a majority of its
free cash flow from operations is distributed to holders of its IPS units, of
which a portion is interest on subordinated debt and a portion is dividend.
For more information, please visit www.medicalfacilitiescorp.ca.
Caution concerning forward-looking statements
Statements made in this news release, other than those concerning
historical financial information, may be forward-looking and therefore subject
to various risks and uncertainties. Some forward-looking statements may be
identified by words like "may", "will", "anticipate", "estimate", "expect",
"intend", or "continue" or the negative thereof or similar variations. Certain
material factors or assumptions are applied in making forward-looking
statements and actual results may differ materially from those expressed or
implied in such statements. Factors that could cause results to vary include
those identified in Medical Facilities' filings with Canadian securities
regulatory authorities such as legislative or regulatory developments,
intensifying competition, technological change and general economic
conditions. All forward-looking statements presented herein should be
considered in conjunction with such filings. Medical Facilities does not
undertake to update any forward-looking statements; such statements speak only
as of the date made.
For further information:
For further information: Michael Salter, Chief Financial Officer,
Medical Facilities Corp., (416) 848-7380 or 1-877-402-7162; Bruce Wigle,
Investor Relations, The Equicom Group Inc., (416) 815-0700 ext. 228 or
1-800-385-5451 ext.228, Email: email@example.com