Pacer Health Executes Management and Acquisition Agreement in Louisiana

MIAMI & CAMERON, La.--(BUSINESS WIRE)--Feb. 3, 2004--Pacer Health Corporation (OTCBB:INFE), a Miami-based owner-operator of medical treatment, assisted living and residential care facilities, announced today that it has executed a management and acquisition agreement with Camelot Specialty Hospital of Cameron, LLC, a subsidiary of Revival Healthcare, Inc., to assume the operations of South Cameron Memorial Hospital in Louisiana. Pacer Health entered into a letter of intent with Revival Healthcare in December 2003 to purchase the hospital.

South Cameron Memorial Hospital is comprised of an acute care campus in Creole, Louisiana, and a geriatric behavioral health unit in Lake Charles, Louisiana. The hospital serves the residents of Cameron Parish, Louisiana, in addition to the area's several thousand oil and gas exploration personnel, commercial and recreational fishermen.

South Cameron Memorial Hospital maintains sole community provider status in Cameron Parish. The facilities' combined net revenues for the 11-month period ending November 30, 2003 exceeded $6.5 million.

About Pacer Health Corporation

Pacer Health Corporation is an owner-operator of assisted living, medical treatment, and residential care facilities, primarily serving the growing senior citizen population and low-to-moderate income individuals nationwide. Shareholders are encouraged to visit the company's web site at www.pacerhealth.com and register to receive additional Pacer Health news updates.

Legal Notice Regarding Forward-Looking Statements: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this news release. These statements relate to future events or our future financial performance. These statements are only predictions and may differ materially from actual future results or events. Pacer Health disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise. There are important risk factors that could cause actual results to differ from those contained in forward-looking statements, including, but not limited to risks associated with changes in general economic and business conditions (including in the information technology and financial information industry), actions of our competitors, the extent to which we are able to develop new services and markets for our services, the time and expense involved in such development activities, the level of demand and market acceptance of our services, changes in our business strategies.

CONTACT: Page One Communications
Media & Investor Relations
Jesus L. Rodriguez, 305-776-4535
jesus.rodriguez@pageonecom.com

SOURCE: Pacer Health Corporation