Primus Sponsors Recapitalization of Passport Health Communications, Inc.

8/4/2008

FRANKLIN, TN - Primus Capital Fund V Limited Partnership (“Primus”) sponsored a $70.0 million leveraged recapitalization of Passport Health Communications, Inc. (“Passport”). Passport is a high growth healthcare services company that provides its customers – over 1,200 hospitals and 1,500 physician clinics and outpatient centers – with access to payer information to facilitate and improve their revenue cycle management. Passport is based in Franklin, TN.

Phil Molner and Bill Mulligan represent Primus on Passport’s board of directors.

“This investment validates the value of our business model and the services provided to our customers, stated Jim Lackey, Chief Executive Officer. “In addition, it provides capital to fund our aggressive plan of organic growth and selective acquisitions and allows our original investors and management to achieve some liquidity while retaining significant ownership and upside.”

“Passport is a clear leader in eligibility and other revenue cycle services,” stated Bill Mulligan, Managing Director of Primus. “We are delighted to be associated with such a high quality company and management team.”

Phil Molner, Director at Primus added, “We have been impressed with the strong growth rate, market share and high customer satisfaction achieved by the team at Passport. We look forward to supporting their goal of being a leading consolidator in the revenue cycle management sector of healthcare services.”

Founded in 1983, Primus is a private equity firm that invests in growth capital opportunities, recapitalizations and management-led buyouts. Primus invests $10-$25 million in control and minority ownership transactions targeting companies with proven business models and superior growth prospects. Although experienced in a number of industries, Primus places an increased emphasis on the business services, healthcare, for-profit education and communications sectors.