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Sonenshine Partners Announces the Closing of the Merger of CareGuide into Patient Infosystems
Company Press Release
January 25, 2006

New York, N.Y. – Sonenshine Partners today announced that Patient Infosystems, Inc. (“Patient Infosystems”) and CCS Consolidated, Inc. (d/b/a CareGuide, "CareGuide") have reported the completion of their previously announced merger, resulting in the creation of a uniquely positioned, single-source provider of a full range of information-based disease and care management services for both the public and private sectors. Sonenshine Partners served as financial and strategic advisor to CareGuide.

Patient Infosystems is a leading health management solutions company. Its patient-focused solutions for health insurers and healthcare delivery organizations include integrated, proactive chronic condition management services, intensive management and case management, maternity management, smoking cessation and 24/7 nurse help line services. Its integrated model allows all the interventions of healthcare management to come together in one seamless system, producing efficiencies that drive improved health outcomes and reduce overall healthcare spending. For more information on Patient Infosystems, please go to www.ptisys.com.

CareGuide is a national care management company providing comprehensive, integrated care management services to high-risk and elderly members on behalf of health plans, disability carriers, long-term care insurers, case management organizations, EAP & work/life benefits companies, and affinity groups. Founded in 1998, the company features a national care manager and provider network and comprehensive solutions that enable clients to realize lower health care costs, greater efficiencies in care delivery, reduced financial risk, and increased productivity gains for employees contending with elder care concerns. CareGuide is headquartered in Coral Springs, Florida, with regional offices in Connecticut and Michigan. For more information on CareGuide, please go to www.careguide.com.

Sonenshine Partners is a leading independent investment bank focused on providing integrated strategic, financial and corporate advisory services.  The firm was founded in 2000 and is headquartered in New York City.

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