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Medical Connections aims to buy Florida firm

August 25, 2010

Medical Connections Holdings Inc. (OTCBB: MCTH.OB), a Boca Raton FL-based healthcare staffing firm, announced it entered into a letter of intent to acquire another Florida-based healthcare staffing firm that had 2009 revenue of approximately $7 million.

"This Florida-based company runs a profitable operation with virtually the same business lines as Medical Connections, helping us to build market share with our core competencies," said Medical Connections President Anthony Nicolosi.

Medical Connections posted revenue of $6.1 million in 2009.