TORONTO, Jan. 21 /CNW/ - Medical Facilities Corporation ("Medical
Facilities") (TSX:DR.UN), today announced that Dr. Larry Teuber, President of
Medical Facilities, will be presenting on the healthcare panel at the
RBC Capital Markets 2008 Income Trust Investor Symposium, in Toronto, Ontario.
The healthcare panel is scheduled from 3:20 pm to 4:20 pm (Eastern Time)
on Tuesday, January 22, 2008 at the Le Royal Meridien King Edward hotel.
Interested parties can access a live audio webcast of the panel discussion by
visiting Medical Facilities' website at www.medicalfacilitiescorp.ca. The
webcast will be available for 30 days after the conference.
About Medical Facilities Corporation
Medical Facilities Corporation owns 51%+ interests in four specialty
surgical hospitals, located in South Dakota and Oklahoma, as well as 51%
interest 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 Income Participating Securities, of which a portion is interest
payment 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) 848-7980 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: firstname.lastname@example.org