On August 13, 2018, UHS announced that its holding company has entered into a definitive merger agreement with Federal Street Acquisition Corp. (FSAC) pursuant to which, FSAC and UHS will form a new, publicly traded company with a new name — Agiliti.

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Universal Hospital Services Acquires Radiographic Equipment Services

Posted: December 1, 2016

MINNEAPOLIS

Acquisition expands UHS’ service offering in Southern California

Universal Hospital Services, Inc. (“UHS”), a leading, nationwide
provider of health care technology management and service solutions,
today announced it has acquired Radiographic Equipment Services (“RES”),
a San Diego-based provider of medical imaging solutions.

“The addition of RES further strengthens our growing clinical
engineering segment and enables us to deliver a higher value service
offering to customers,” said Tom Leonard, CEO of UHS. “The business
complements our model for outsourced and supplemental biomedical
equipment repair and maintenance services with advanced capabilities in
medical imaging, localized service delivery and a shared commitment to
high-quality customer service. Together, we will have opportunities to
better serve customers in Southern California and to work together to
make a difference in health care.”

RES specializes in diagnostic imaging services for high-end modalities,
including MRI, CT, PET/CT, Cardiac Cath, Interventional Radiology,
Nuclear Medicine, Mammography, Ultrasound and other Diagnostic
Radiology. The company serves several major health systems in Southern
California, along with other regional care providers, and helps to
minimize equipment downtime and ensure patient-ready technology for
advanced diagnostic procedures.

“Since forming RES in 1980, we have been focused on creating a
high-value, high-quality service offering for health care providers in
Southern California,” said Mark Trouw, founder and CEO of RES. “UHS
shares our commitment to customer service and to putting patients first.
We look forward to taking our growth to the next level as a combined
company.”

“We at RES are eager to continue advancing our service offering as part
of UHS,” said Cary Lucian, Vice President of Business Development at
RES. “We believe there will be opportunities for us to leverage our
combined expertise to deliver a more comprehensive, high-value solution
to customers.”

The acquisition is part of UHS’ strategy to accelerate growth by
advancing its capital-enabled, medical equipment service offerings
including on-demand medical equipment rental services, onsite equipment
management programs and general biomedical repair and maintenance
services for acute and alternative care providers. With a network of 83
service depots covering all major U.S. markets, the company provides
end-to-end medical equipment management solutions that help health care
providers reduce the total cost of equipment ownership and deliver safer
and more efficient patient care.

About Universal Hospital Services, Inc.

Universal Hospital Services, Inc. is a leading, nationwide provider of
health care technology management and service solutions. UHS owns or
manages more than 700,000 units of medical equipment for more than 7,000
national, regional and local acute care hospitals and alternate site
providers across the U.S. For more than 75 years, UHS has delivered
medical equipment management and service solutions that help clients
reduce costs, increase operating efficiencies, improve caregiver
satisfaction and support optimal patient outcomes.

About RES

Radiographic Equipment Services (RES) is a San Diego-based regional
provider of clinical engineering services with a focus on high-end
imaging modalities. The company provides comprehensive asset management
solutions, as well as diagnostic imaging service and equipment sales in
Southern California. RES employs a team of specialized, highly trained
engineers who support a broad range of medical imaging modalities
including: MRI, CT, PET/CT, Cardiac Cath, Interventional Radiology,
Nuclear Medicine, Mammography, Ultrasound and other Diagnostic Radiology.

Universal Hospital Services, Inc.
6625 West 78th Street,
Suite 300
Minneapolis, MN 55439
952-893-3200
www.uhs.com

Contact:

Universal Hospital Services, Inc.
James Pekarek, 952-607-3054
Executive Vice President and Chief Financial Officer