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BIRMINGHAM, Ala. – MEDSEEK, a leading provider of onlinestrategic patient engagement and analytics solutions for healthcareorganizations, announced today that Silver Lake Sumeru, EssexWoodlands and MEDSEEK management have signed a definitive agreementto acquire the Company. MEDSEEK's software platform helpshealthcare organizations attract and retain patients and improvespatient experience and care through enhanced patient-doctorcommunication and information accessibility. "We are thrilled to partner with Silver Lake Sumeru and EssexWoodlands as we continue to extend our leadership position in thepatient engagement solutions sector. This investment will helpaccelerate our continued growth and offers significant benefits toour customers, employees and shareholders," said Peter Kuhn,MEDSEEK's Chief Executive Officer. "We are currently in themidst of a digital health transformation where seamlesscommunication between patient and healthcare provider, and theincreasing use of data driven analytical insights, will be requiredto make healthcare decisions. We have built the MEDSEEK platform toaddress these market changes, and with the backing of Silver LakeSumeru and Essex Woodlands, we look forward to accelerating theexpansion of this platform vision. The resources and expertise ofthese firms across the technology and healthcare sectors willenable us to take MEDSEEK to new levels." Founded in 1996, MEDSEEK has over 200 customers representing over1,000 hospitals and includes many of the top hospital systems inthe United States and Canada. MEDSEEK provides the most advancedplatform for digital interaction between patients and providers.Built on a modern and highly scalable architecture, MEDSEEK'spatient interaction platform offers unprecedented levels offunctionality and user experience flexibility with nativeextensibility for seamless information integration, enrichment andanalysis. The Company's integrated platform delivers capabilitiesthat home-grown solutions or add-on modules to core HIS systems areunable to match. Hollie Moore Haynes, Managing Director of Silver Lake Sumeru,commented, "We are delighted to partner with Peter Kuhn andthe MEDSEEK management team as they pursue their growth strategy.MEDSEEK is an innovative leader in the online patient engagementsector with exceptional technology, which we will continue todevelop and expand. To stay competitive healthcare providersincreasingly will need to enhance communications between careprovider and patient and provide increased access to healthcareinformation and services online. MEDSEEK's solutions provide thetechnology platform to facilitate this next-generation onlinehealthcare experience." Steve Wiggins, Managing Director of Essex Woodlands added,"Health systems are grappling with ways to manage AccountableCare Organizations, bundled payments and medical home programs. These new value based purchasinginitiatives need software tools that can attract patients intotheir programs, engage them throughout the care process and providea platform for community based care coordination. MEDSEEK has anideal platform for this new era of accountability." The transaction will close upon satisfaction of all closingconditions which is anticipated in the next several weeks. RaymondJames Health Care Investment Banking Group served as exclusivefinancial advisor to MEDSEEK in the transaction. Fenwick & WestLLP acted as legal counsel to MEDSEEK. PricewaterhouseCoopersadvised Silver Lake Sumeru and Essex Woodlands. Kirkland &Ellis, LLP and Perkins Coie LLP acted as legal counsel to SilverLake Sumeru and Essex Woodlands, respectively. About MEDSEEK Since 1996, MEDSEEK has focused exclusively on creating a360-degree optimal eHealth experience for patients, clinicians andadministrative staff by removing traditional integration andcommunication barriers, workflow roadblocks and redundantprocesses. Used by more than 1000 hospitals and health systems,MEDSEEK's strategic patient and engagement and management solutionsand predictive analytics technology enable hospitals to executeenterprise-wide objectives by improving quality of care, uncoveringnew sources of revenue, informing capital expenditure decisions andgenerating meaningful loyalty among physicians and patients with alow-risk, high-return investment that leverages existing ITinvestments and infrastructure. For more information, visit or call 1.888.MEDSEEK. About Silver Lake Sumeru Silver Lake Sumeru is a global leader in private equity investmentsin middle-market, growth-oriented technology companies. The SilverLake Sumeru team applies fundamental operating insight, deeptechnology sector expertise, and world-class investing skills toinvest in and partner with companies. Silver Lake Sumeru'sportfolio includes or has included leading technology companiessuch as i2, Locaweb, Opera Solutions, Power-One, PrimeSense, SMARTModular, and Talend. Silver Lake Sumeru is the middle-marketinvestment group of Silver Lake, the global leader in privateequity investments in technology and technology-enabled industries.For important additional information regarding the portfolioinvestments visit . About Essex Woodlands Essex Woodlands is a dedicated health care growth equity firm, withinvestments in pharmaceuticals, biotechnology, medical devices,health care services, and health information technology. Since itsfounding in 1985, Essex Woodlands has been involved in the foundingor capitalization of over 120 health care companies ranging acrossall sectors, stages and geography. The team is comprised of 28senior investment professionals with offices in Palo Alto, Houston,New York and London. For more information, please see . 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