Park City Solutions Announces Acquisition of Kelltech Internet Services

"These solutions support existing business models, provide high-payback operational improvements, and dramatically improve the real-time nature of our client's web environment.

"We have succeeded in providing a simple way for key players in every organization -- from CEO's to Physicians, PR Staff to Department Assistants -- to dynamically update content of a web page while maintaining and enhancing the corporate image and local branding of the organization.

"This has transformed our client's static web sites into dynamic communications vehicles overnight. By joining Park City Solutions, we position ourselves in an enhanced infrastructure to capitalize on the current market opportunities surrounding online health while maintaining our high standards for quality of people and client services."

PCS/Kelltech provides its clients with experienced professionals who facilitate Internet application development and systems integration projects as well as ongoing support and maintenance for all aspects of an organization's web investment.

Kelltech has earned a reputation in the healthcare industry as a firm with a comprehensive understanding of the on-line environment and the ability to convert that understanding into workable solutions for their clients.

Terry Pitts, president and CEO of Park City Solutions said, "Kelltech is a critical platform acquisition for Park City Solutions upon which to build our Internet/e-health strategy within our growing family of companies. Healthcare entities have traditionally struggled to brand comprehensive Internet solutions that seamlessly integrate all IDN, hospital, doctor and patient perspectives.

"By simultaneously providing a health organization's web portal, integration expertise into existing transactional systems, and empowering all content contributors within an organization to keep the web presence fresh and updated, Park City Solutions can provide immediate and cost effective e-health solutions for our clients.

"Park City Solutions will utilize Kelltech's web operating system toolset as the foundation of our e-health strategy; employing in particular its advanced Internet development, integration and optimization tools to help health organizations build integrated, locally branded, constantly updated, and informative web positions."

Park City Solutions is the result of a partnership of the Chicago-based private equity investment firm, GTCR Golder Rauner LLC, and industry leaders Terry A. Pitts, Scott Holbrook, and Scott Remley. GTCR is a leading private equity firm with more than $3 billion in equity capital invested in a wide range of consolidating service businesses.

GTCR pioneered the investment strategy of identifying and then partnering with exceptional executives to consolidate fragmented or growth industries. GTCR has built more than 110 companies in a wide range of sectors including information services, healthcare, outsourcing, distribution, and communications.