ASX Company News: 1300 Smiles Acquires Bray Park Dental

October 11th, 2010

1300SMILES Ltd has today completed the acquisition of the Bray Park Dental practice. Located in the Kensington Village Shopping Centre between Bray Park and Strathpine, this long- established practice is 1300SMILES’s seventh practice in the important southeast Queensland region, which comprises the Sunshine and Gold Coasts as well as greater Brisbane. This strategic corridor of practices is significant and convenient for patients and dentists alike. It delivers significant marketing, operational and demographic synergies and efficiencies. The Bray Park practice is located 10 kilometers north of the 1300SMILES practice at Carseldine. Comparably small distances separate the company’s facilities at Tingalpa, Carindale, and Springwood.

The company provides the use of dental surgeries, practice management and other services to self employed dentists who carry on their own dental practices. The company provides surgery facilities at twenty sites located in the ten major population centres in Queensland. The administrative and corporate services headquarters is in Townsville. The services provided by the company allow the dentists to focus on the delivery of dental services rather than on the administrative aspects of carrying on their businesses. The dentists pay fees to the company for the provision of these services under a Dental Service Agreement with the company. The dentists who use the company’s services range from new graduates to experienced dental professionals. Several dentists who use the company’s services have special interests and experience in such areas as endodontics, oral surgery, implants and periodontics and cross-refer work to other dentists who use the company’s services. The company provides comprehensive services in the areas of marketing, administration, billing and collections, and facilities certification and licensing to all participating dentists.

www.1300SMILES.com.au

http://www.traderdealer.com.au/Fundamentals/ont

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