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Arcadia Resources Announces First Quarter Results
Date:8/13/2009

tions was $1.2 million in the quarter, as compared with earnings of $0.7 million in the prior year quarter.

"During the quarter, we reached agreement with Comerica Bank to renew our existing senior credit facility, which was completed in July," added Middendorf. "We also significantly reduced our long-term indebtedness by more than $7 million during the quarter. We are actively working on a line of credit to support the growth of our Pharmacy segment and hope to complete that during the second quarter."

Conference Call Information

Arcadia will conduct a conference call and simultaneous Internet webcast to review these financial results on Thursday, August 13, 2009 at 11 a.m. Eastern Time.

To access the webcast, visit the Company's Web site at www.arcadiahealthcare.com approximately 5-10 minutes prior to the start time and click on the webcast link. The webcast can also be accessed on www.investorcalendar.com.

The conference call also may be accessed by telephone by dialing 1-877-407-0778 (for U.S.-based callers) or 1-201-689-8565 (for international callers).

A replay of the webcast will be available approximately one hour after the completion of the call and will be accessible on www.investorcalendar.com until November 14, 2009. A telephone replay will be available by dialing 1-877-660-6853 (for U.S.-based callers) or 1-201-612-7415 (for international callers). For the replay, callers must use both Passcode Account number 286 and Conference ID number 329853. The telephone replay will be
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SOURCE Arcadia Resources, Inc.
Copyright©2009 PR Newswire.
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