Physicians Adult Daycare: Physicians Adult Daycare Pursues Expanding Canadian Opportunities
Physicians Adult Daycare Pursues Expanding Canadian Opportunities
HOUSTON, TX — (MARKET WIRE) — January 23, 2007 — Physicians Adult Daycare (PINKSHEETS: PHYA)announced today that it is adjusting its focus
to take into accountincreasing recognition among Canadian service providers of the need forflexible adult daycare solutions such as the Company provides. Citing arecent January article in the Canadian daily the National Post, PhysiciansAdult Daycare believes that the Canadian care providers are becomingincreasingly attentive to the growing demands of an aging population.
According to the article, “With the growth of the ’sandwich generation’ –middle-aged people taking care of both their children and their parents –…employers are looking for solutions to help employees deal with bothresponsibilities…” (Source: National Post 01-04-07). Responding togrowing pressures, Kids and Company, a national provider of employeechild-care benefits, has launched an inaugural program in Calgary inconjunction with five Calgary firms to provide adult daycare services fortheir employees. Early demand has been exceptional, and according toVictoria Sopik, CEO of Kids and Company, “We’ve had huge demand…We couldhave launched with 30 companies instead of just five.”
www.physiciansadultdaycare.com
In the words of a company spokesperson for Physicians Adult Daycare, “Wehave been striving for some time to bring greater awareness to what isalready a significant shortcoming in our ability to care properly for ourelders. This promises to become an even more serious dilemma as thepopulation ages, and we are gratified to see the beginnings of a growingrecognition of the problem. We will be paying close attention to theprogress of the initiative in Calgary.”
About Physicians Adult Daycare, Inc.:
We provide needed services for a PROLONGED and ACTIVE LIFE for family lovedones on a daily basis WITHOUT THE CONFINEMENT of a NURSING HOME. We referto those who use our services as CLIENTS. A typical day begins when ourtransportation system picks up your loved one at their home. After acontinental breakfast, activities such as arts and crafts, games of pool orbingo, and exercise continue until lunch except on the days for scheduledgroup outings. A complete hot meal under dietary supervision is servedbefore the rest period. Then activities resume until time for your lovedone to be returned home.
Forward-Looking Statements:
Certain statements in this news release may contain forward-lookinginformation within the meaning of the Federal securities laws. Allstatements, other than statements of fact, included in this release mayinclude forward-looking statements that may involve risks anduncertainties. There can be no assurance that such statements will beaccurate and actual results and future events could differ materially fromthose anticipated in such statements. The Company undertakes no obligationto update forward-looking statements to reflect subsequently occurringevents or circumstances or to reflect unanticipated events or developments
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