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NAUTIC PARTNERS PORTFOLIO COMPANY ACQUIRES AMERICAN WHOLEHEALTH NETWORKSAcquisition Places AXIA Health Management Among the Top Prevention Companies in the U.S.Providence, RI — July 26, 2005Nautic Partners, LLC, a private equity firm with more than $1.8 billion of capital under management, today announced that its portfolio company, AXIA Health Management, has acquired Sterling, VA-based American WholeHealth Networks, Inc. (AWH). AWH is the nation’s leading provider of integrative medicine services and provides an extensive network of complementary and alternative medicine ( CAM) practitioners for managed care organizations and health plans. Nautic made its initial investment in AXIA in November of 2004, in partnership with San Francisco-based Genstar Capital Partners. AXIA was formed by L. Ben Lytle and Hugh Lytle as a provider of population health management services focused exclusively on prevention. The cornerstone of AXIA’s suite of products is HealthCare Dimensions, which developed and manages the SilverSneakers® Fitness Program. With the acquisition of AWH, AXIA inherits a well-established national network of over 30,000 practitioners in 35 or more CAM disciplines – chiropractic, physical therapy, stress reduction, holistic medicine, massage, and diet and nutrition. The acquisition solidifies AXIA as the most robust and complete national network of fitness centers, community-based CAM providers, and health and wellness programming resources in the nation. Chris Crosby, a Principal of Nautic Partners, said, “We are thrilled to have helped AXIA to build its prevention capabilities. We believe that the acquisition of AWH positions AXIA as the national leader in preventive health solutions.” “Our goal is to partner with management and to back strong teams capable of driving growth and value in our portfolio companies,” said Scott Hilinski, a Managing Director of Nautic Partners. “We feel that we have an exceptional group with Ben and Hugh Lytle at AXIA, as well as the teams at HealthCare Dimensions and at American WholeHealth.” Since its founding, Nautic Partners has completed 14 investments in the healthcare sector, the most recent being the acquisition of AIM Holding Company (formerly International Radiology Group), announced on June 28th. AIM is the leading provider of services to manage the utilization, cost, and quality of diagnostic imaging services. About AXIA Health Management About American WholeHealth Inc. |