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Arcadia Resources Announces Fourth Quarter and Fiscal 2009 Year-End Results
Date:6/25/2009

four separate transactions. Total cash proceeds received at the closings were $9.2 million. In addition, the transactions include holdback provisions for an additional $1.5 million, which is to be paid out over the next 18 months assuming certain conditions are met. The Company used $6.0 million of the cash proceeds received at the closings to reduce its debt. Arcadia will use the net cash proceeds to support its rapidly growing DailyMed business.

Conference Call Information

Arcadia will conduct a conference call and simultaneous Internet webcast to review these financial results on Thursday, June 25, 2009, at 11:00 a.m. (Eastern Daylight Time). Marvin R. Richardson, Arcadia HealthCare's President and Chief Executive Officer, will host the call. Also joining the call will be Chief Financial Officer Matthew R. Middendorf, Chief Operating Officer Steve Zeller, Executive Vice President of Sales & Marketing John Brady and our newly named Vice President of Pharmacy Operations Charlie Goodall.

To access the webcast, visit the Company's website at www.arcadiahealthcare.com, 5-10 minutes prior to the start time and click on the webcast link. The webcast will also be accessible on www.investorcalendar.com. The conference call also may be accessed by telephone by dialing 1-877-407-0782 (for U.S.-based callers) or 1-201-689-8567 (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 September 25, 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)
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SOURCE Arcadia Resources, Inc.
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