EDINA, Minn.–(BUSINESS WIRE)–Universal Hospital Services, Inc. (“UHS”) announced today that it has extended to December 10, 2007, at 5:00 p.m., New York City time (unless further extended or earlier terminated), its offer to exchange up to $230,000,000 aggregate principal amount of its outstanding Second Lien Senior Secured Floating Rate Notes due 2015, which were issued and sold on May 31, 2007 in transactions exempt from registration under the Securities Act of 1933, as amended (the “Old Notes”), for an equal aggregate principal amount of its new Second Lien Senior Secured Floating Rate Notes due 2015, which have been registered with the Securities and Exchange Commission (the “Exchange Notes”).
The exchange offer was originally set to expire at 5:00 p.m., New York City time, on December 3, 2007. The extension has been made to allow holders of Old Notes that have not yet tendered additional time to do so.
UHS was advised by the exchange agent for the exchange offer that as of 5:00 p.m., New York City time, on December 3, 2007, $229,900,000 aggregate principal amount of Old Notes, representing approximately 99.96% of the aggregate principal amount of Old Notes outstanding, had been tendered for exchange.
Except for the extension of the expiration date, all terms and conditions of the exchange offer are unchanged and remain in full force and effect as set forth in the prospectus dated October 31, 2007 and the related letter of transmittal, which have been filed with the Securities and Exchange Commission. Copies of the prospectus and related letter of transmittal may be obtained from the exchange agent, Wells Fargo Bank, National Association, at the contact information set forth below:
|Wells Fargo Bank, N.A.|
|Corporate Trust Operations|
|Sixth Street & Marquette Avenue|
|Minneapolis, Minnesota 55479|
|Telephone: (800) 344-5128|
|Facsimile: (612) 667-4927|
This news release is neither an offer to sell nor the solicitation of an offer to buy securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful.
About Universal Hospital Services, Inc.
Universal Hospital Services, Inc. (UHS) is the leading medical equipment lifecycle services company. UHS offers comprehensive solutions that maximize utilization, increase productivity and support optimal patient care resulting in capital and operational efficiencies. UHS currently operates through more than 75 offices, serving customers in all 50 states and the District of Columbia. To obtain additional information, please visit our web site at www.uhs.com.
Universal Hospital Services, Inc.
Gary D. Blackford, 952-893-3250
Chairman and Chief Executive Officer
Rex T. Clevenger, 952-893-3254
Executive Vice President and Chief Financial Officer