Regency Hospital of Fort Worth Opens Doors

Monday, September 11, 2006

Fort Worth, Texas (September 7, 2006) - Regency Hospital Company today announced the opening of Regency Hospital of Fort Worth. Regency Hospital of Fort Worth is an intensive critical care hospital serving the needs of medically complex patients. The hospital took its first patient, last week, officials said.

Regency Hospital Company has appointed Mr. Steve Laughlin Chief Executive Officer of the hospital. "Steve Laughlin was the only choice as CEO for both our Fort Worth hospital as well as our north Dallas hospital. As a long time resident of Texas and member of the healthcare community, Steve Laughlin has a personal interest in making a difference in the lives of the people of this community. Mr. Laughlin’s vast healthcare experience and knowledge of the marketplace certainly makes him the ideal candidate for this market," commented Mike Brohm, Chief Operating Officer at Regency Hospital Company. "Steve Laughlin is highly experienced in Business Development and Healthcare Administration. His successful track record within the industry will guide the hospital in creating an outstanding clinical LTAC program," he continued.

"I am pleased to bring Regency to the Fort Worth area. Regency’s mission to have the finest LTAC program in the country is being realized all over the country in its hospitals. I am excited to bring that same level of LTAC hospital to this area," stated Steve Laughlin, CEO of both Regency Hospital of North Dallas and Regency Hospital of Fort Worth.

Regency Hospital Company is headquartered in Atlanta, Georgia and a leading developer of intensive care specialty hospitals for long stay patients. Regency presently has nineteen hospitals open with several more in active development. Regency was formed by Rod Laughlin and Waud Capital Partners.

Waud Capital Partners, L.L.C. is a private equity investment firm founded in 1993 and located in Lake Forrest, Illinois. Waud Capital Partners has successfully completed over fifty investments in a wide range of industries, including adhesives, alarm monitoring, automotive components, coatings, consumer products, lighting, medical distribution, publishing, sealants and specialty hospitals.

For more information on Regency Hospital Company and/or Waud Capital Partners visit www.regencyhospital.com and/or www.waudcapital.com.