Aptium Oncology and Trinitas Hospital to Develop Comprehensive Cancer Center; New Center Will Enhance Community Access to Leading-Edge Cancer Care

Business Wire, April 20, 2005

LOS ANGELES -- Aptium Oncology, a pioneer in the development and management of comprehensive outpatient cancer centers, and New Jersey-based Trinitas Hospital today announced an agreement to establish a state-of-the-art outpatient cancer center intended to expand the community's access to leading oncology services.

The long-term agreement includes development of a 30,000 square foot center located on Trinitas Hospital's main campus at 225 Williamson Street, Elizabeth, New Jersey. Presently under construction, the new center is scheduled to open in early October 2005.

According to Gary Horan, CEO of Trinitas Hospital, the decision to partner with Aptium was due in large part to the company's experience developing and managing successful comprehensive cancer centers. "We believe that Aptium Oncology has the expertise and commitment to support our efforts to raise the level of cancer care available to our community."

The center will offer outpatient diagnostic, treatment and ancillary services in a patient-focused environment. In addition to offering the latest in medical and radiation oncology technologies, including two Varian linear accelerators with IMRT and On-Board Imaging, patients will have access to the latest clinical trials as well as all of the essential ancillary and support services that will enhance their overall experience.

"Our work is based on more than 20 years of experience collaborating with major institutions to create industry-leading cancer centers," said Peter Jessup, CEO of Aptium Oncology. "We look forward to a long, rewarding relationship with Trinitas Hospital, working in partnership to develop this new center, which will bring all of the core cancer services into one central location for greater patient and physician access and convenience."

Aptium Oncology provides consulting, administrative and management services to cancer centers at leading hospitals nationwide, including Cedars-Sinai Medical Center, Los Angeles; Mount Sinai Medical Center, Miami; New York University Hospital, Manhattan; and St. Vincent's Hospital, Manhattan. The addition of the Trinitas Comprehensive Cancer Center will bring the number of facilities in the Aptium Oncology managed network to nine. Aptium Oncology's vision of cancer care has evolved into the creation of a national network of managed cancer centers that afford hospitals and physicians the advantages of expert clinical, technical and administrative resources. As a result, Aptium Oncology's hospital clients benefit from "best practices," that facilitate rapid development of new programs and faster implementation of cutting-edge technologies and infrastructure.

Stephen Bordelon, executive vice president, business development for Aptium Oncology commented, "The focused commitment on the part of both Trinitas Hospital and Aptium Oncology will allow us to achieve our aggressive goal of bringing this cancer center project from the planning phases through construction and go live within an 18-month timeframe, with completion of the center set for this fall. This is a remarkably rapid schedule for a facility of this scope."

About Aptium Oncology

Aptium Oncology has more than 20 years of experience managing outpatient oncology services at leading medical institutions throughout the United States. Aptium Oncology is a pioneer in designing, building and operating comprehensive cancer centers with a steadfast vision to transform cancer care environments by bringing every necessary service to one central place. The intent of this single place is to help patients achieve longer better lives. Aptium Oncology's corporate headquarters is located in Los Angeles, Calif. For more information visit www.aptiumoncology.com.

About Trinitas Hospital

Trinitas Hospital is a full service healthcare facility and Catholic teaching hospital sponsored by the Sisters of Charity of Saint Elizabeth, serving those who live and work in Eastern and Central Union County, New Jersey. It is the result of the merger of Elizabeth General Medical Center and St. Elizabeth Hospital in 2000. Operating on two major campuses, Trinitas Hospital offers 531 beds, including a 120-bed, long-term care center. Trinitas Hospital provides comprehensive medical/surgical services, emergency services, senior services, adult and child/adolescent psychiatric care, cardiac care, cancer services, renal services, an infectious disease program, maternal/child health services including a high-risk newborn nursery, inpatient pediatric care, diabetes management center, wound healing center, sleep disorders center and a bloodless medicine program. For more information visit www.trinitashospital.org.