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                                                                    EXHIBIT 99.1

FOR IMMEDIATE RELEASE:

  ARCADIA RESOURCES ISSUES CHAIRMAN'S LETTER TO SHAREHOLDERS INCLUDING EARNINGS
                        RELEASE AND FILING OF FORM 10-K
           --AMEX APPROVES LISTING OF SHARES UNDER NEW SYMBOL "KAD"--

SOUTHFIELD, MI: JUNE 29, 2006: Arcadia Resources, Inc. (OTCBB: ACDI), announced
today the filing of its Form 10-K with the Securities and Exchange Commission
along with quarterly and annual results for the year ended March 31, 2006.
Chairman and CEO of Arcadia John E. Elliott II issued the following letter to
Arcadia's shareholders:

Dear Valued Shareholders:

"We are pleased to announce the results of our first full year of operations
ended March 31, 2006, during which we grew 10.2% organically and acquired 15
entities, in both the home care services and durable medical and respiratory
equipment (DME) areas," said Chairman and CEO, John E. Elliott II. "It has been
an exciting year of learning, team-building, recognizing opportunities and
capitalizing on ideas. I would like to thank our employees for a year of hard
work resulting in solid progress toward our Company's goals. We plan to continue
along our path of strong internal growth coupled with selective acquisitions and
initiation of start up locations. Recently, we agreed to place nine walk-in,
routine (non-emergency) medical clinics inside select Meijer supercenter stores
in Indiana over the next 12 months. We believe the furtherance of
consumer-driven health care is quickly evolving for patients in the United
States and we intend to be a big part of this movement toward more patient
choice -- driven by accessibility, lifestyle choices and personal spending
latitude, rather than by insurance or managed care companies or the traditional
government programs."

Our consumer healthcare business continues to be our emerging business that we
believe to be the future of healthcare. It incorporates our people and our
products. We also plan to continue to open stores or clinics within other hosts.
Although this had been a gradual process, we believe that we are building a
strong business that will be built to last. We expect product mix, location and
awareness through advertising and other sales techniques to be our formula for
success. We have learned much from the last year of starting and operating the
Retail Division of Arcadia. We recently enhanced our "virtual" business with
Sears, as the "Health and Wellness" banner on their website, Sears.com. The same
products are available on our Company's web site. Our diverse product and
service offerings somewhat insulate us from unfavorable changes in reimbursement
from any group of payors or customers as only 24% of our revenues come from
governmental sources, 45% from an array of institutional clients, and the
remainder from private insurers and patients.

We continue to integrate the products and services of Arcadia into full-line
locations, initially focused on our Florida, Illinois, Michigan and North
Carolina operations. We are focused on meeting the needs of both our patients
and referral sources. The full-line locations enhance our capabilities to bring
a more comprehensive home health care solution to the community. We have branded
the Arcadia name in these locations and will continue to build brand
recognition.


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We continually challenge our sales and marketing strategies and our delivery of
products and services to achieve better customer satisfaction, market share and
operating results. Our people are our strongest asset and we will continue to
invest in the development of our "human capital". Our Services Division, Arcadia
Services, is a national provider of home care and staffing services currently
operating in 19 states through its 76 locations. Our Products Division includes
Arcadia HOME (home oxygen and medical equipment), which provides respiratory and
durable medical equipment to patients in 11 states through its 25 locations,
including a full-service mail-order pharmacy operated for the benefit of all of
our patients. Our Retail Division consists of six retail operations, a home
health-oriented mail order catalog and a related retail website.

John Elliott II said, "We are very pleased the AMEX has approved our application
for listing. A transition to the AMEX is in the best interest of our
shareholders. As a nationally recognized exchange, and one of the U.S.'s
largest, an AMEX listing favorably positions us to reach a much broader
investment audience, including greater access to institutional investors, while
increasing our liquidity and transparency. We expect to start trading next week
under the symbol "KAD"." The Company's Amex listing approval is contingent upon
the Company being in compliance with all applicable listing standards on the
date it begins trading on the Exchange, and may be rescinded if the Company is
not in compliance with such standards.

Thank you for your continued support of Arcadia,

JOHN E. ELLIOTT II

CHAIRMAN AND CEO OF ARCADIA RESOURCES, INC.

FINANCIAL HIGHLIGHTS FOR THE QUARTER AND YEAR ENDED MARCH 31, 2006

For the quarter ended March 31, 2006, Arcadia increased net sales by 19.5% to
$34.2 million from $28.6 million for the quarter ended March 31, 2005. Gross
profit margin increased 29% to $11.5 million from $8.9 million, net loss
decreased from $6.9 million to $1.2 million and net loss per share decreased
from $0.10 per share to $0.01 per share over the same time periods. The Company
had positive cash flow from operations for the quarter ended March 31, 2006 of
$855,000 compared to a negative amount of $610,000 for the quarter ended March
31, 2005.

For the year ended March 31, 2006, Arcadia increased net sales by 24% to $130.9
million from $105.3 million for the year ended March 31, 2005. For the year
ended March 31, 2006, gross profit margin increased 38% to $43.4 million from
$31.4 million for the year ended March 31, 2005, and net loss decreased to $4.7
million from $7.4 million for the same periods. Net loss per share decreased to
$0.06 per share for the year ended March 31, 2006 from $0.11 per share for the
period from May 10 through March 31, 2005 (post-merger). The Company had
negative cash flow from operations for the year ended March 31, 2006 of $7.4
million compared to a negative amount of $7.6 million for the year ended March
31, 2005.

Earnings (losses) before interest, income taxes, depreciation and amortization
(EBITDA) were $1,244,000 for the year ended March 31, 2006 compared to
$(3,703,000) for the year ended March 31, 2006. The presentation bridges from
Net Loss to EBITDA and is presented as a supplemental performance measure and is
not intended as an alternative to net income or any other measure calculated


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in accordance with generally accepted accounting principles. Further, EBITDA may
not be comparable to similarly titled measures used by other companies.
Management has chosen to present the table below to enable the reader to more
readily understand the Company's EBITDA measurement due to the requirement to
classify the depreciation and amortization related to certain revenue-producing
fixed assets as a component of cost of goods sold, while presenting the
remainder of depreciation and amortization on the corresponding line of the
income statement.

Reconciliation of EBITDA to Net Income:
<TABLE>
<CAPTION>
                                              YEAR                YEAR
                                              ENDED               ENDED
(IN THOUSANDS)                            MARCH 31, 2006      MARCH 31, 2005
                                         ---------------      ---------------
<S>                                      <C>                  <C>
Net Loss                                 $        (4,711)     $        (7,434)
Add back: Income tax expense                         119                  186
Add back: Debt Discount Amortization                 933                 1228
Add back: Interest Expense                         1,524                  946
Deduct: Other income                                  --                  (87)
Depreciation and Amortization                      3,379                1,458
                                         ---------------      ---------------
EBITDA                                   $         1,244      $        (3,703)
</TABLE>


ABOUT ARCADIA RESOURCES, INC.

Arcadia Resources, Inc. is a leading national provider of home care and staffing
services, respiratory and durable medical equipment. Arcadia's operations
include home health care services; non-medical and medical staffing, including
travel nursing; provision of respiratory and durable medical equipment to
patients in the home; and a mail-order catalog of home health care-oriented
products and is working toward establishing walk-in clinics in supercenter-type
retail stores. The Company's comprehensive solutions help organizations operate
more effectively and with greater flexibility, while enabling individuals to
manage illness and injury in the comfort of their own homes or through the
convenience of local health care sites. For more information, visit:
www.arcadiaresourcesinc.com.

For investor inquiries, contact Geoffrey Eiten, Investor Relations, National
Financial Network, 781-444-6100 x613, geiten@nationalfc.com. See also
http://www.nfnonline.com/acdi.

Any statements contained in this release that are not historical facts are
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21A of the Securities Exchange Act of 1934,
as amended, if applicable to the Company, and otherwise within the meaning of
court opinions construing such forward-looking statements. The Company claims
all safe harbor and other legal protections provided to it by law for all of its
forward-looking statements. Forward-looking statements involve known and unknown
risks, estimates, uncertainties and other factors, which could cause actual
financial or operating results, performances or achievements expressed or
implied by such forward-looking statements not to occur or be realized,
including our estimates of consumer demand for retail store health clinic
services, required capital investment, build-out schedules, competition, and
other factors. Actual results may differ materially from those anticipated or
implied in the forward-looking statements, which speak only as of the date
hereof. Additional information that could materially affect the Company may be
found in the Company's filings with the Securities and Exchange Commission. The
Company disclaims any obligation to update or alter its forward-looking
statements, except as may be required by law.


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