Medical Connections Holdings, Inc. Sees 46% Growth in Revenue in Third Quarter 2010

Medical Connections Holdings, Inc. (OTCBB: MCTH), a national provider of medical recruitment and staffing services, reported today on the growth in revenue that the Company has experienced during the third quarter of this year.

The Company reported that the year-over-year growth comparison was positively affected by a 62% increase in contract travel revenue, primarily due to continuing improvements in operations.

Jeffrey Rosenfeld, the Company’s CEO, stated, "Over the last six months, we have expended considerable effort to improve our operations and to reduce expense. We are pleased to see that the efforts are paying off and anticipate positive revenue growth to continue.”

Anthony Nicolosi, Company President, stated, "Jeff Rosenfeld has done a superb job in leading our operations since assuming the CEO position mid-year. His experience and leadership have made this kind of growth possible. In addition, his operational expertise has been of significant help on the acquisition front as we continue to locate and evaluate attractive healthcare staffing companies for possible acquisitions.”

Medical Connections, Inc. is a national provider of medical recruitment and staffing services. The Company’s business is to identify, select and place the industry’s most talented healthcare specialists, nurses, pharmacists, physicians and hospital management executives. The Company provides recruiting and staffing services for permanent and contract positions, leaving options for both clients and candidates to decide the optimal formula for working together.

With headquarters in Boca Raton, Florida, Medical Connections is ideally positioned to increase its presence in the U.S. healthcare market. Medical Connections Holdings, Inc. is a fully reporting company trading on the OTC B/B under the ticker: MCTH.

Learn more:
Facebook
Twitter

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements (within the meaning of Section 27a of the Securities Act of 1933 and Section 21e of the Securities Exchange Act of 1934) regarding us and our business, financial condition, results of operations and prospects. Forward-looking statements in this report reflect the good faith judgment of our management and the statements are based on facts and factors as we currently know them. Forward-looking statements are subject to risks and uncertainties and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Actual results could differ materially from those projected in the forward-looking statements, as a result of either the matters set forth or incorporated in this report generally or certain economic and business factors, some of which may be beyond the control of Medical Connections. These factors include adverse economic conditions, entry of new and stronger competitors, inadequate capital to support our operations, projections of revenues and profitability and other risks described in our 10-K for our fiscal year ended December 31, 2009. Readers are urged not to place undue reliance on these forward-looking statements which speak only as of the date of this press release. We undertake no obligation to revise or update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of the press release.