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Arcadia names new CFO

January 16 2008

Arcadia Resources Inc. (AMEX: KAD) named Matthew Middendorf as its new CFO to succeed interim CFO Lynn Fetterman on Feb. 1. Fetterman has been interim CFO since February 2007 and will remain with the company until the end of his employment agreement on May 24.

Middendorf has served as a consultant to Arcadia and prior to joining the company served as corporate controller and director of financial reporting for Workstream Inc., a publicly traded software company.

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