Pacer Health Corporation Soars to Number 185 Spot on Hispanic Business 500 List MIAMI--(BUSINESS WIRE)—June 5, 2007—Hispanic Business Magazine has named Pacer Health Corporation (OTCBB: PHLH-News), an owner-operator of acute care hospitals and psychiatric care facilities in the Southeastern United States, to the 2007 Hispanic Business 500, the magazine’s annual ranking of the top 500 Hispanic-owned businesses in the United States for the second consecutive year.
Pacer Health ranked 185th overall in this year’s Hispanic Business 500, an increase in Pacer’s ranking from 330th overall in 2006. The full list of Hispanic Business 500 companies is available in the June 2007 issue of Hispanic Business Magazine or online at www.hispanicbusiness.com.
“This ranking is an incredible milestone of Pacer and further validates our business model,” said Rainier Gonzalez, chairman and CEO of Pacer Health. “The company is honored to receive this ranking by Hispanic Business Magazine and we are pleased with our continued success in the healthcare arena. Our increase from 330th to 185th in the Hispanic Business 500 further exemplifies our rapid growth and achievement as a company.”
The 2007 Hispanic Business 500 ranking was compiled by the magazine’s research staff and is based upon reported revenues for the calendar year ended December 31, 2006 as provided by authorized representatives of the companies listed therein. Hispanic Business 500-listed companies also must be majority Hispanic-owned.
About Pacer Health Corporation
Pacer Health Corporation is an owner-operator of acute care hospitals and psychiatric care facilities serving non-urban areas throughout the Southeast. Please visit http://www.pacerhealth.com for more information.
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"Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. They are only predictions and may differ materially from actual future results or events. Pacer Health disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise. Important risk factors – including, but not limited to risks associated with changes in general economic and business conditions (including in the IT and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of market acceptance of our services, and changes in our business strategies – could cause actual results to differ from those contained in forward-looking statements.
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