Forterus Inc. Announces an Update on Its 2010 Expansion Plans

MURRIETA, Calif., Feb. 10 /PRNewswire-FirstCall/ -- Forterus Inc. (Pink Sheets: FTER) today announced an update on its expansion efforts for 2010.

San Diego, California

In January 2010, the Company executed a management contract for a 36-bed facility in San Diego, and in less than two weeks achieved approximately 50% occupancy at this facility.

Ventura County, California

The Company's hearing for its conditional use permit for its planned facility in Ventura County is to be held on February 11, 2010.  The facility is expected to have 22 beds upon issuance of the conditional use permit.  Upon receiving conditional use permit from the County, the Company will submit its paperwork with the State of California to license this specific facility.  This process is expected to take 6 to 8 months from the date the paperwork is submitted.  The Company is forecasting that within 9 months the facility should be fully operating and accepting insurance clients.

Los Angeles County, California

In December 2009, the Company opened an assessment office in Pasadena, Calif., is currently in the process of licensing the office with State of California for Outpatient Services.

Orange County, California

The company is currently exploring the possibility of opening an assessment and outpatient office in Costa Mesa, Calif. As part of these expansion plans, the Company closed its Dana Point offices and allocated the resources from Dana Point to San Diego and Temecula.  

About Forterus, Inc.

Forterus Inc. and its subsidiaries engage in diverse business activities, including drug and alcohol rehabilitation, and finance. For more information about Forterus and A Better Tomorrow, please visit their respective websites at http://www.forterushealthcare.com and http://www.abttc.com.

Forward Looking Statements

Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains, and Forterus may from time to time make, written or oral 'forward-looking statements' within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Forterus's and/or its subsidiaries control that could cause actual results to differ materially from such statements. In particular, statements using words such as 'may,' 'should,' 'estimate,' 'expect,' 'anticipate,' 'intend,' 'believe,' 'predict,' 'potential,' or words of similar import generally involve forward-looking statements.

SOURCE Forterus Inc.