Fulcrum Ventures Spins Out EnduraCare

Fulcrum Ventures, an Atlanta-based venture firm, led the $16.1 million recapitalization and spin-out of EnduraCare Acute Care Services from parent company EnduraCare Therapy Management. EACS is a national provider of therapy services to acute care hospitals, outpatient clinics and physician practices.

PRESS RELEASE

Fulcrum Ventures announced today that they
led the $16.1 million recapitalization and spin-out of EnduraCare Acute Care
Services (“EACS”) from its parent company EnduraCare Therapy Management .
Founded in 1981, EACS is a national provider of therapy services to acute care
hospitals, outpatient clinics and physician practices.

Chris Barlow, CEO of EACS, leads an experienced management team. “We are
excited to partner with Fulcrum and the other investors of EACS to accelerate
the growth of the Company as we aggressively pursue new contracts and
markets,” said Mr. Barlow. “This transaction provides the management team of
EACS with the necessary capital to focus on building EACS into the premier
therapy services provider in the country.”

“EnduraCare is an established provider of therapy services that is led by an
experienced and talented management team,” said Tom Greer, a Partner at
Fulcrum Ventures. “The trend towards outsourcing therapy services for acute
care hospitals is continuing, and we are excited to have partnered with one of
the leading platform companies in this space.”

In addition to Fulcrum’s equity investment, other investors include MedEquity
Capital, Harbert Mezzanine Partners II which provided subordinated debt
financing, and Gemino Healthcare Finance which provided both a senior debt
term loan and an asset based revolver.

EnduraCare Acute Care Services

EnduraCare Acute Care Services is a national provider of therapy program
management for hospitals, outpatient clinics and physician practices. The
Company’s offerings include physical, occupational, and speech therapy
services as well as special rehab programs for sports injuries, work
hardening, wound care and spinal injuries. EACS currently has 31 hospital
contracts for 47 acute care locations in 15 states. The Company was founded
in 1981 and is based in Mobile, AL.

Fulcrum Ventures

Fulcrum Ventures is an Atlanta-based private equity firm focused on providing
expansion capital to rapidly growing companies. The firm provides equity
investments up to $5 million for a wide variety of industries with a special
emphasis on healthcare; information technology, business services and
technology enabled operating companies. Fulcrum provides financing to meet a
wide range of needs, including internal growth initiatives, acquisitions,
management buy-outs, and recapitalizations. The three founding partners have
significant operating experience in senior leadership positions of successful,
rapidly growing companies, and collectively have over sixty years of related
industry expertise. To learn more please visit www.fulcrumvp.com.

MedEquity Capital, LLC

MedEquity Capital, LLC is a private equity firm providing equity financing to
growing healthcare-related companies. Their team utilizes a sector-based
investment approach, identifying companies within attractive areas of the
healthcare industry. MedEquity pursues equity investments in companies with a
history of growth and profitability, invests between $10 and $30 million per
transaction and will consider both control and non-control transactions. To
learn more please visit www.medequity.com.