Date: Fri, 19 Dec 1997 00:19:00 GMT Server: Stronghold/1.3b4 Ben-SSL/1.3 Apache/1.1.1 Content-type: text/html COHR Inc. - Nasdaq: (CHRI) A leading national outsourcing organization for health-care services.


February 15, 1996: COHR Inc. Initial Public Offering

FOR IMMEDIATE RELEASE
CONTACT: David Langness
(800) 950-2647, x720

COHR INC. SHARES NOW TRADE IN NASDAQ NATIONAL MARKET

Los Angeles, CA - Culminating over a decade of rapid and sustained growth, COHR Inc. has completed an initial public offering, and its shares now trade on the Nasdaq National Market. COHR Inc. (Nasdaq: CHRI) is a national outsourcing service organization whose clients are hospitals, integrated health systems and alternate site providers. The company employs over 500 staff at 25 offices in 15 states.

In its most recent fiscal year ending March 31, 1995, COHR Inc. reported net income of $1,368,000 on revenues of $43,660,000. The company also reported assets of $21,613,000 and debts of $528,000. COHR Inc.'s major operating divisions are COHR MasterPlansm, a leading technology management and medical equipment maintenance service, and Purchase Connection®, a renowned group purchasing organization.

"We now have the resources to acquire and open additional sites, increase revenues from existing customers and expand the range of our products and services," said Paul Chopra, COHR president and chief executive officer. "Our potential for future growth, particularly in the engineering services sector, is enormous."

Chopra noted that COHR Inc.'s Nasdaq presence provides brokers with immediate access to the best bid and ask prices and other information about the company's shares. Prices are available on more than 200,000 electronic terminals worldwide. Trading data is also widely distributed through wire services for selective dissemination by newspapers and radio and television stations.

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