CHICAGO - May 5, 2003 - (BUSINESS WIRE) Financing for American Medical Instruments Holdings, Inc. and Hanger Orthopedic Group, Inc. Validate GE's Commitment to Healthcare Industry.

GE Healthcare Financial Services recently provided $185 million in corporate financing in two transactions, $85 million of which helped finance the investment in a medical device corporation, American Medical Instruments Holdings, Inc. ("AMI"). In a separate transaction, GE Healthcare Financial Services is the Administrative Agent and Sole Lead Arranger in a $100 million revolving line of credit provided to Hanger Orthopedic Group, Inc. ("Hanger"), the largest owner / operator of orthopedics and prosthetics ("O&P") service providers in the U.S.

RoundTable Healthcare Partners, an operating-oriented private equity firm focused on the healthcare industry, approached GE Healthcare Financial Services to help them finance the investment in a new venture, which includes seven Marmon Group member companies-all medical device manufacturers. AMI is the parent for the aggregation of these companies.

"GE Healthcare Financial Services continues to prove its commitment to the healthcare industry," said Len Kuhr, Chief Financial Officer, RoundTable Healthcare Partners. "With their deep healthcare expertise, they provided timely and effectively leadership, which enabled us to close the deal with certainty. We chose to work with GE Healthcare Financial Services again because they understand our business and could offer the best financing option to meet our needs."

GE Healthcare Financial Services led the senior financing, committing $30 million and arranged the syndication of the remaining amount to four additional lenders. The acquisition was also financed through a private placement of subordinated notes.

"Our deal with RoundTable Healthcare Partners is one example of our many long-term, successful relationships in the healthcare industry," said Joe Moss, Vice President, Corporate Finance, GE Healthcare Financial Services. "We take a consultative approach with our customers to ensure they get what they need."

For Hanger Orthopedic Group, Inc. GE Healthcare Financial Services was able to increase the company's existing line of credit from $75 million to $100 million. As the Administrative Agent and Sole Lead Arranger for the deal, GE Healthcare Financial Services committed $40 million to Hanger and secured another $60 million in financing through seven additional lenders.

"GE Healthcare Financial Services was able to provide the financing alternative that we really wanted, and their extensive corporate finance experience made this transaction relatively simple," said Jason Owen, Treasurer, Hanger Orthopedic Group, Inc.

"Hanger demonstrated strong financial savvy by taking advantage of current favorable market conditions, ensuring that they have capital available to meet their financing needs," said Bill Beebe, Vice President, Corporate Finance, GE Healthcare Financial Services. "We are actively looking for similar opportunities, and the market responds positively when GE Healthcare Financial Services is able to offer and hold large positions for strong performers like Hanger."

GE Healthcare Financial Services is the premier provider of capital, financial solutions and related services for the global healthcare market. With $9 billion in assets, GE Healthcare Financial Services offers a full range of financing capabilities from equipment leasing and real estate financing to working capital lending and equity investing. With a dedicated focus and a deep knowledge of the healthcare industry, GE Healthcare Financial Services collaborates with customers to create tailored financial solutions that help them improve their productivity and profitability. GE Healthcare Financial Services' website is .

Media Contacts

Deia Campanelli
GE Healthcare Financial Services
312-441-6169